Cohu Inc.
:[ November 30th, 2008Cohu Inc. is a leading manufacturer and supplier of burn-in equipment and thermal sub-systems solutions for the semi-conductor market. It also provides products and services for closed-circuit television equipment and microwave communications.
The company originated from a modest lab partnership created in 1945. Two years later, it was incorporated as Kalbfell Laboratories Inc. The corporate name was later changed to Kay Lab in 1954. It was then bought by Cohu Electronics Inc. in 1957. The company name was finalized in 1972, and thus became Cohu Inc.
Cohu Inc. is known for creating products that not only solves the unique requirement of customers, but also for its ability to provide great quality equipment that can stand its own ground in the wide market.
Cohu’s business is divided into three categories:
1. Semiconductor equipment
This segment of the business is operated by Cohu’s subsidiary, Delta Design. It is one of the largest suppliers in the semiconductor test handling equipment market.
2. Television cameras
Cohu Electronics was considered a leader in design and manufacturing of closed circuit television for almost 50 years.
3. Microwave communications
Broadcast Microwave Services Inc., the company’s segment for this category, is involved in the design, manufacturing and selling of microwave communications equipment.
BASIC STOCK MARKET/FINANCE INFO
The company’s total revenue as of June 2008 is 51.83, while gross profit is 18.44. Total current assets stands at 279.15 while total current liabilities is 39.59.
CURRENT MARKET DEVELOPMENTS
-Dimensional Fund Advisors Inc. has bought more shares of the company, and their total holdings now amount to 1,757,441 shares.
RECOMMENDATION
Most brokers push for the Buy option, and investing in this stock is a sound option.