Press Release Details

POWAY, Calif.--(BUSINESS WIRE)--Mar. 4, 2016-- Cohu, Inc. (NASDAQ:COHU), a leading supplier of semiconductor equipment announced today receiving a follow-on multi-unit order for its MATRiX tri-temperature pick-and-place handler from a key automotive semiconductor customer.

The MATRiX has a highly flexible test site configuration that enables customers to reuse existing load-boards, including boards made for competitor’s legacy handlers. With its flexible configuration MATRiX is well suited for a wide range of test applications including analog ICs with short test times and high throughput, automotive devices requiring accurate thermal control, small pitch wireless-communication products, high parallel microcontroller testing, MEMS device testing, and many other device market segments with their unique requirements.

“Last year we secured multiple new customers in Asia and were selected for testing emerging automotive processors with MATRiX and our T-Core thermal subsystems. We are excited to win a key automotive customer early this quarter, further validating our product strategy and displacing a European competitor,” said Samer Kabbani, General Manager of Cohu’s Delta Design subsidiary.

About Cohu:

Cohu is a leading supplier of semiconductor test and inspection handlers, micro-electro-mechanical system (MEMS) test modules, test contactors and thermal sub-systems used by global semiconductor manufacturers and test subcontractors.

Forward Looking Statements:

Certain matters discussed in this release, including statements concerning Delta MATRiX product are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those projected or forecasted. Such risks and uncertainties include, but are not limited to, our ability to convert new products under development into production on a timely basis, support product development and meet customer delivery and acceptance requirements for next generation equipment, failure to obtain customer acceptance resulting in the inability to recognize revenue and accounts receivable collection problems, our reliance on patents and intellectual property, compliance with U.S. export regulations, and the cyclical and unpredictable nature of capital expenditures by semiconductor manufacturers. These and other risks and uncertainties are discussed more fully in Cohu's filings with the Securities and Exchange Commission, including the most recently filed Form 10-K and Form 10-Q. Cohu assumes no obligation to update the information in this release.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160304005142/en/

Source: Cohu, Inc.

Cohu:
Jeffrey D. Jones, 858-848-8106
Investor Relations