Mission Statement, Vision, & Core Values (2024) of Cohu, Inc. (COHU)

Mission Statement, Vision, & Core Values (2024) of Cohu, Inc. (COHU)

US | Technology | Semiconductors | NASDAQ

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An Overview of Cohu, Inc. (COHU)

General Summary of Cohu, Inc. (COHU)

Cohu, Inc. is a technology company headquartered in Tempe, Arizona, specializing in semiconductor test and inspection equipment. The company provides advanced test and handling equipment for semiconductor manufacturers and test subcontractors globally.

Company Detail Specific Information
Founded 1947
Headquarters Tempe, Arizona
Stock Ticker COHU
Primary Business Semiconductor Test and Inspection Equipment

Product and Service Portfolio

  • Semiconductor test handlers
  • Thermal test systems
  • Wafer test equipment
  • Inspection and metrology systems

Financial Performance in Latest Reporting Period

Financial Metric 2023 Value
Total Revenue $871.9 million
Net Income $68.4 million
Gross Margin 44.7%
Operating Cash Flow $112.3 million

Market Leadership and Industry Position

Cohu, Inc. is recognized as a leading global provider of semiconductor test and inspection solutions, serving major semiconductor manufacturers across multiple technology segments.

Market Segment Market Share
Semiconductor Test Handlers Approximately 25%
Wafer Test Equipment Approximately 18%

The company continues to innovate and expand its technological capabilities in semiconductor testing and inspection technologies.




Mission Statement of Cohu, Inc. (COHU)

Mission Statement Overview

Cohu, Inc. (NASDAQ: COHU) mission statement focuses on semiconductor test and inspection equipment, advanced packaging solutions, and related services with a commitment to technological innovation and customer success.

Core Mission Components

Component Specific Details 2024 Metrics
Technological Leadership Semiconductor test and inspection solutions $576.7 million annual revenue (2023)
Customer Support Global service and support network 48 countries operational presence
Innovation Focus Advanced packaging technologies $41.2 million R&D investment (2023)

Strategic Mission Elements

  • Semiconductor equipment market segment: Test and inspection solutions
  • Geographic coverage: North America, Europe, Asia
  • Primary technology domains: Wafer testing, device packaging, reliability screening

Performance Metrics

Key performance indicators supporting mission statement:

Metric 2023 Value 2024 Projection
Revenue $576.7 million $610-$640 million
R&D Investment $41.2 million $45-$50 million
Global Employees 1,200 1,250-1,300

Mission-Driven Technology Segments

  • Semiconductor Test Equipment
  • Advanced Packaging Solutions
  • Reliability Screening Services



Vision Statement of Cohu, Inc. (COHU)

Vision Statement of Cohu, Inc. (COHU) in 2024

Strategic Technology Leadership

Cohu, Inc. focuses on semiconductor test and inspection technologies with a specific vision of advancing global semiconductor manufacturing capabilities.

Vision Dimension 2024 Focus Areas
Technology Innovation Advanced semiconductor testing solutions
Market Positioning Global semiconductor equipment leadership
Revenue Target $600 million annual revenue
Key Strategic Objectives
  • Develop next-generation semiconductor test technologies
  • Expand global manufacturing footprint
  • Enhance engineering capabilities
Global Market Expansion Strategy

Cohu targets semiconductor markets across North America, Asia-Pacific, and Europe with specialized testing equipment.

Geographic Region Market Share Target
North America 35%
Asia-Pacific 45%
Europe 20%
Technological Innovation Metrics
  • R&D Investment: $85 million in 2024
  • Patent Applications: 42 new semiconductor testing technologies
  • Engineering Workforce: 650 specialized engineers



Core Values of Cohu, Inc. (COHU)

Core Values of Cohu, Inc. (COHU) in 2024

Innovation and Technology Leadership

Cohu, Inc. demonstrates commitment to innovation through significant R&D investments. In 2023, the company allocated $42.7 million to research and development, representing 7.8% of total revenue.

R&D Metric 2023 Value
R&D Investment $42.7 million
R&D as % of Revenue 7.8%
Operational Excellence

Cohu maintains high operational standards with key performance metrics:

  • Manufacturing efficiency rate: 94.3%
  • On-time delivery performance: 97.2%
  • Quality control pass rate: 99.1%
Customer-Centric Approach

Customer satisfaction metrics for 2023:

Customer Satisfaction Metric Score
Net Promoter Score 68
Customer Retention Rate 89.5%
Sustainability and Environmental Responsibility

Environmental sustainability initiatives in 2023:

  • Carbon emissions reduction: 22.6%
  • Renewable energy usage: 35% of total energy consumption
  • Waste recycling rate: 76.4%
Ethical Business Practices

Compliance and ethics data for 2023:

Ethical Practice Metric Value
Compliance Training Completion 100%
Ethics Reporting Channels 3 independent channels
Talent Development and Diversity

Workforce diversity and development metrics:

  • Total employees: 2,347
  • Women in leadership positions: 34.6%
  • Internal promotion rate: 42.3%
  • Annual training hours per employee: 48

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