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Cohu Announces Diamondx Order from Leading Korean Display Driver Manufacturer
POWAY, Calif.--(BUSINESS WIRE)-- Cohu, Inc. (NASDAQ: COHU), a global leader in back-end semiconductor equipment and services, today announced that it had
About this update from Cohu, Inc.
[{"type":"text","content":" POWAY, Calif.--(BUSINESS WIRE)--\nCohu, Inc. (NASDAQ: COHU), a global leader in back-end semiconductor equipment and services, today announced that it had received a multi-system Diamondx tester order from a large Korean display driver manufacturer for AMOLED driver ICs used in mobile device applications.\n\nDiamondx’s air-cooled test platform was selected for its production proven ability to test next generation display driver ICs with high test parallelism, enabling a faster production ramp and accelerating time-to-market. The platform scalability can address various display driver ICs, including TDDI (touch and display driver integration), OLED and logic and power management ICs in a universal low-cost configurable test platform.\n\nLuis Müller, Cohu President and CEO, commented, “We are very pleased with this design-win at a leading display driver manufacturer in South Korea, delivering on the strategy to expand our served addressable market and create new growth vectors for our semiconductor test business. We estimate the display driver IC test market to be approximately $150 million.”\n\nAbout Cohu:\n\nCohu (NASDAQ: COHU) is a global leader in back-end semiconductor equipment and services, delivering leading-edge solutions for the manufacturing of semiconductors. Additional information can be found at www.Cohu.com.\n\nForward-Looking Statements:\n\nCertain 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 a yet to be shipped Diamondx tester order, the estimated display driver IC test market size, and any other statements that are predictive in nature and depend upon or refer to future events or conditions, and/or include words such as “may,” “will,” “should,” “would,” “expect,” “anticipate,” “plan,” “likely,” “believe,” “estimate,” “project,” “intend,” and/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.\n\nActual results could differ materially from those contained in any forward-looking statement as a result of various factors,...