Cohu Introduces LiDAR Optical Test and Inspection Solution
December 10 2019 - 4:05PM
Business Wire
Cohu, Inc. (NASDAQ: COHU), a global leader in back-end
semiconductor equipment and services, today announced the
introduction of a new complete solution for the test and inspection
of LiDAR (light detection and ranging) devices.
According to a Yole Développement March 2019 report, the LiDAR
market is expected to grow at a 29% CAGR to $6 billion by 2024,
driven by automotive advanced driver assistance systems (ADAS) with
applications in lane assist and emergency braking in semi- and
fully-autonomous vehicles. Cohu’s integrated solution on the NY32W
platform was initially developed for the global market and
technology leader in automotive lighting to bring new LiDAR laser
transmitters to market. The innovative contactor architecture
optimizes signal performance in extreme use conditions, ensuring
products are tested to specification and accelerating time to
volume production.
“Our NY32W is a fully automatic optical testing, visual
inspection and die sorting solution, replacing in-house
semi-automatic engineering lab equipment,” said Chris Bohrson,
senior vice president and general manager of Cohu’s Test Handler
Group. “This innovative solution provides customers with the
stringent quality required for the automotive industry, while
delivering higher productivity, repeatability and lower cost.”
About Cohu:
Cohu (NASDAQ: COHU) is a global leader in back-end semiconductor
equipment and services, delivering leading-edge solutions for the
manufacturing of semiconductors and printed circuit boards.
Additional information can be found at www.Cohu.com.
Forward-Looking Statements:
Certain statements contained in this release and accompanying
materials may be considered forward-looking statements within the
meaning of the U.S. Private Securities Litigation Reform Act of
1995, including statements regarding the expected growth of the
LiDAR market and design wins, and any other statements that are
predictive in nature and depend upon or refer to future events or
conditions, or include words such as “may,” “will,” “should,”
“would,” “expect,” “anticipate,” “plan,” “likely,” “believe,”
“estimate,” “project,” “intend,” or other similar expressions among
others. Statements that are not historical facts are
forward-looking statements. Forward-looking statements are based on
current beliefs and assumptions that are subject to risks and
uncertainties and are not guarantees of future performance. Actual
results could differ materially from those contained in any
forward-looking statement as a result of various factors,
including, without limitation: risks associated with acquisitions;
inventory, goodwill and other asset write-downs; our ability to
convert new products into production on a timely basis and to
support product development and meet customer delivery and
acceptance requirements for new products; our reliance on
third-party contract manufacturers and suppliers; failure to obtain
customer acceptance resulting in the inability to recognize revenue
and accounts receivable collection problems; revenue recognition
impacts due to ASC 606; market demand and adoption of our new
products; customer orders may be canceled or delayed; any design
wins may or may not result in actual sales; the concentration of
our revenues from a limited number of customers; intense
competition in the semiconductor equipment industry; our reliance
on patents and intellectual property; compliance with U.S. export
regulations (including restrictions regarding certain Chinese
companies and ongoing U.S.-China trade war); impacts from the Tax
Cuts and Jobs Act of 2017 and ongoing tax examinations;
geopolitical issues and trade wars; ERP system implementation
issues; the seasonal, volatile and unpredictable nature of capital
expenditures by semiconductor manufacturers and the late 2018 and
2019 weakened demand in this market; ongoing weakness in Greater
China market; and rapid technological change. These and other risks
and uncertainties are discussed more fully in Cohu’s filings with
the SEC, including the most recently filed Form 10-K and Form 10-Q,
and the other filings made by Cohu with the SEC from time to time,
which are available via the SEC’s website at www.sec.gov. Except as
required by applicable law, Cohu does not undertake any obligation
to revise or update any forward-looking statement, or to make any
other forward-looking statements, whether as a result of new
information, future events or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20191210005305/en/
Cohu, Inc. Jeffrey D. Jones – Investor Relations
858-848-8106
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