Cohu Introduces cRacer mmWave Interface Platform for Semiconductor Test
January 07 2021 - 9:00AM
Business Wire
Cohu, Inc. (NASDAQ: COHU), a global leader in back-end
semiconductor equipment and services, today announced the
introduction of its cRacer RF interface platform for next
generation mmWave device test.
The cRacer contactor and probe head platform targets RF
semiconductor test in the mobility contactor market, which is
projected to grow from $200 million to approximately $275 million
by 2023 with deployment of mmWave frequencies in smartphones and
other mobile products. Cohu’s cRacer allows traditional spring
probe contactors to reach greater than 54 GHz frequencies without
compromising mechanical integrity or lifespan of the probes. When
combined with Cohu’s PAx tester and RedDragon RF module, cRacer
enables customers to achieve industry leading signal performance,
accelerating time to production yield with a low cost-of-test
architecture.
“Cohu’s cRacer interface technology combines specialized
materials with conventional probes to optimize signal fidelity for
mmWave applications without significantly increasing cost-of-test,”
said Devin Sheridan, director and general manager of Cohu’s
Interface Solutions Group. “We are pleased to introduce cRacer
contactors for final test and probe heads for upstream wafer test.
We have received initial multi-unit orders from a leading foundry
in Taiwan and an OSAT for production test of mmWave RF devices used
on next generation smartphones.”
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 RF semiconductor mobility
segment contactor market and estimated growth, the introduction of,
and sales opportunities for, the new cRacer contactor, the
cost-of-test benefits of cRacer, and any other statements that are
predictive in nature and depend upon or refer to future events or
conditions, and include words such as “may,” “will,” “should,”
“would,” “expect,” “anticipate,” “plan,” “likely,” “believe,”
“estimate,” “project,” “intend,” and 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: The ongoing global COVID-19 pandemic
has adversely affected, and is continuing to adversely affect, our
business, financial condition and results of operations, and the
recent COVID-19 resurgence may at any time abruptly impact our
business; COVID-19 has caused (and may cause again at any time)
disruption or temporary shutdowns of our factories or those of our
suppliers; Other significant risks associated with the Xcerra
acquisition, integration and synergies including the failure to
achieve the expected benefits of the acquisition, and mandatory
ongoing impairment evaluation of goodwill and other intangibles
whereby Cohu could be required to write off some or all of this
goodwill and other intangibles; Continued availability of capital
and financing and additional rating agency downgrade actions, and
limited market access given our high debt levels; Our Credit
Agreement contains various representations and negative covenants
that limit our business flexibility; Changes to or replacement of
LIBOR may adversely affect interest rates; Adverse investor
reaction to the recently suspended cash dividend; Other 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; Lost
productivity, project delays and internal control risks due to
ongoing employee “work from home” programs; 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; Market demand and
adoption of our new products; Customer orders may be canceled or
delayed; Design-wins may or may not result in future orders or
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; Impacts from the Tax Cuts
and Jobs Act of 2017 and ongoing tax examinations; Geopolitical
issues, trade wars and Huawei/HiSilicon export restrictions
(including new restrictions effective in May and August 2020);
Retention of key staff; Other health epidemics or natural
disasters; ERP system implementation issues particularly as Cohu
recently launched a new ERP system in first quarter 2020 and plans
a broader rollout in 2020; The seasonal, volatile and unpredictable
nature of capital expenditures by semiconductor manufacturers and,
as such, current demand may materially weaken without any advance
notice from customers; 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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210107005067/en/
Investor Contact: Cohu, Inc. Jeffrey D. Jones – Investor
Relations 858-848-8106
Cohu (NASDAQ:COHU)
Historical Stock Chart
From Mar 2024 to Apr 2024
Cohu (NASDAQ:COHU)
Historical Stock Chart
From Apr 2023 to Apr 2024