Poway, CA–(business wire) — Cohu, Inc. (NASDAQ: COHU), a global supplier of equipment and services that optimize yield and productivity in semiconductor manufacturing, today announced that a leading European IDM has selected Cohu’s predictive maintenance (PdM) software. announced that it had introduced PdM is part of a suite of data analysis software products sold under the DI-Core Data Intelligence System brand. Software is sold per handler on an annual subscription basis.
PdM software provides real-time component and thermal performance analysis. This allows semiconductor manufacturers to significantly improve the overall equipment efficiency of Cohu’s large installed base of handlers. By extensively analyzing internal handler sensor data, the software provides advance notice to perform preventative maintenance to minimize failures and increase equipment uptime. PdM extends Cohu’s handler automation capabilities for semiconductor manufacturers’ fully automated factories and Industry 4.0 initiatives.
Implementing predictive maintenance increases productivity by reducing downtime and increasing output per machine. The market for predictive maintenance software as part of the global manufacturing industry is estimated at $1 billion and projected to grow at a CAGR of 20%.
Cohu President and CEO Luis Müller said: “After extensive evaluation, the customer deployed his PdM on Cohu MATRiX handlers to enable automation and optimization of the test process. It improves equipment productivity.”
About Coff:
Cohu (NASDAQ: COHU) is a global technology leader providing test, automation, inspection and metrology products and services to the semiconductor industry. Cohu’s broad and differentiated product portfolio enables optimization of yield and productivity, accelerating customers’ time-to-market. For more information, please visit www.Cohu.com.
Forward-Looking Statements:
Certain statements contained in this release, including all references to the results, performance and efficiency of DI-Core PdM Software, may be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. there is. Market size and growth of the manufacturing predictive maintenance software industry. Other statements that are forward-looking in nature and rely on or refer to future events or circumstances. and/or “may”, “will”, “should”, “would”, “expect”, “anticipate”, “plan”, “likely”, “believe ”, “estimate”, “anticipate,” “intend;” and/or other similar expressions. 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. Any third-party market research or forecasts cited are for information only and Cohu does not adopt or endorse such forecasts.
Actual results and future business conditions may differ materially from those contained in forward-looking statements as a result of a variety of factors. Customer results may vary due to operational factors beyond Cohu’s control. Semiconductor customers often rely on in-factory productivity solutions and may not adopt third-party products such as DI-Core. political and economic instability and global adverse effects resulting from Russia’s military invasion of Ukraine, including potential energy shortages in Europe; Impact on the business of key suppliers, customers and other business partners. We make investments in new products and product enhancements that could adversely affect our results of operations and these investments may not be commercially successful. We have manufacturing operations in Asia and if we are unable to effectively manage multiple manufacturing sites and have raw materials that meet our quality, cost or other requirements, or if our suppliers fail to perform, our Sales, service levels and reputation may be harmed. Failure to perform or unplanned downtime experienced by our sole contract manufacturer for certain semiconductor automated test equipment. the inability of critical suppliers to supply parts in sufficient quantities in a timely and cost-effective manner, including continued shortages of semiconductor devices used in our system products; Continued high inflation and rising interest rates. It may not be possible to raise prices to fully offset inflationary pressures on costs such as raw materials and packaging materials, components and subassemblies, labor and distribution costs. The semiconductor industry we serve is seasonal, cyclical, variable and unpredictable. The semiconductor equipment industry is exposed to intense competition. Semiconductor equipment is subject to rapid technological changes, product introductions and transitions, which may lead to inventory depreciation, and our new product development involves many risks and uncertainties. The seasonal nature of the semiconductor equipment industry places great demands on our employees, operations and infrastructure. A limited number of customers represent a significant percentage of our net sales. The inherent uncertainty of backlogs that can cause customers to delay shipments or cancel orders. Most of our revenue is generated from exports to foreign countries, mainly in Asia, which is subject to economic and political instability, and we have many test contactors, test handlers and automated Competing with test equipment suppliers. We are exposed to the risks of operating in certain foreign locations where Cohu manufactures certain products and supports our sales and service to the global semiconductor industry. Increasingly restrictive trade and export controls, including new U.S. export regulations related to certain advanced computing and semiconductor manufacturing items, as well as supercomputer and semiconductor end-uses, announced on October 7, 2022 , could seriously harm or limit Cohu’s business and its ability to market its products. The remaining debt associated with the financing of the Xcerra acquisition could adversely affect Cohu’s liquidity, access to capital and business flexibility. We are subject to other risks associated with additional potential acquisitions, investments and divestitures, including integration difficulties, disruption of our core business, dilution of shareholder value and management diversion. Our financial and operating results may fluctuate and fall short of analysts’ expectations. Alternatively, credit rating agencies may change his Cohu rating. Any of these could cause the price of our common stock to decline or make other funding difficult. Our stock price fluctuated significantly. Changes and uncertainties in US laws, regulations, and government policies are possible. Impact in the event of a cybersecurity breach.
These and other risks and uncertainties are more fully discussed in Cohu’s filings with the SEC, including its most recent Forms 10-K and 10-Q, and other filings Cohu may file with the SEC from time to time. I’m here. From the SEC’s website at www.sec.gov. Except as required by applicable law, Cohu undertakes no obligation to revise or update any forward-looking statements or otherwise make forward-looking statements as a result of new information, future events or otherwise. We are under no obligation to do so.
