Company Profile Cohu is a leading supplier of test handling, burn-in and thermal solutions used by the global semiconductor industry, microwave communications and closed-circuit television equipment. Company History Cohu, Inc. is the result of an evolution from a tiny laboratory partnership created in 1945. This partnership was incorporated as Kalbfell Laboratories, Inc., in 1947. In September 1954 the corporate name was changed to Kay Lab. In June of 1956 the company issued 400,000 additional shares in its first public financing. In 1957 Kay Lab was liquidated and all of the assets and liabilities of Kay Lab were acquired by Cohu Electronics, Inc., a Delaware corporation. In 1972, the name Cohu Electronics, Inc. was changed to Cohu, Inc. Company Business Cohu's business can be separated into three categories: Semiconductor Equipment, Television Cameras and Microwave Communications. Semiconductor Equipment - Cohu's Delta Design subsidiary, with headquarters in Poway, CA, is the largest U.S. based and one of the world's largest suppliers of semiconductor test handling equipment. Delta designs, manufactures, sells and services a broad range of test handlers, capable of handling virtually any type of integrated circuit (IC) package. Television Cameras - Cohu Electronics has been a leading designer and manufacturer of closed circuit television (CCTV) cameras and systems for more than 40 years. Applications are broadly distributed between machine vision, scientific imaging and security/surveillance markets. The current product line represents a comprehensive array of indoor and outdoor CCTV cameras and camera control equipment. Cohu is most readily differentiated from the competition by its willingness and ability to create quality products that solve a customer's unique requirements. Microwave Communications - Broadcast Microwave Services (BMS) manufactures microwave communications equipment, antenna systems and related support items. These products are used in the transmission of telemetry, data, video and audio signals. On May 12, 2006, Cohu sold all the assets of its metal detection equipment business, Fisher Research Laboratory, Incorporated (FRL). FRL accounted for 3% of 2005 sales. The Company's stock is traded on the NASDAQ National Market System under the symbol "COHU". |
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