Acquisition Strategy Cohu's recent acquisitions of Tignis and Equiptest Engineering indicate a strategic focus on expanding capabilities in AI-driven process control and testing solutions, opening opportunities to offer integrated automation and advanced testing technologies.

Financial Position The company's successful repayment of a $350 million term loan and notable asset accumulation suggest strong financial health, allowing potential sales of high-value equipment and software solutions to support growth initiatives.

Industry Position Operating within the semiconductor and electronics testing industry with a focus on back-end equipment, Cohu is well-positioned to benefit from increasing demand for testing and assembly solutions driven by semiconductor market expansion.

Growth Opportunities Recent industry events like SEMICON West highlight Cohu’s active engagement in the smart manufacturing segment, presenting opportunities to introduce innovative IoT, automation, and AI-enabled products to enhance their manufacturing processes.

Market Focus With a revenue range of up to $10 million, Cohu’s emphasis on high-tech test equipment and services presents a niche for specialized, high-margin solutions tailored to semiconductor equipment and circuit board testing markets.