Cohu, Inc. COHU

Company Overview

Cohu, Inc. is a U.S.-based supplier of equipment and services used in the semiconductor test and inspection industry. The company designs, manufactures, and services systems that enable semiconductor manufacturers to test, handle, and inspect integrated circuits during the back-end of the semiconductor production process. Its offerings are used across automotive, industrial, consumer electronics, data center, and mobility end markets, where device reliability and quality are critical.

The company’s primary revenue drivers are capital equipment sales, recurring consumables, and aftermarket services associated with semiconductor test handling and inspection platforms. Cohu has positioned itself as a diversified supplier with a broad portfolio spanning handlers, contactors, inspection, and thermal subsystems, allowing it to address multiple device types and packaging formats. Founded in 1970, Cohu initially operated in electronics manufacturing and test equipment and significantly reshaped its business through acquisitions, most notably the acquisition of Xcerra Corporation in 2018, which expanded its scale and product breadth in semiconductor test solutions.