Cohu, Inc., a leading provider of back-end semiconductor services and equipment, has recently launched a latest complete solution for the inspection and testing of LiDAR devices. According to reliable sources, the company’s integrated application on the NY32W platform was primarily designed for the technology leaders and global markets operating in automotive lighting. This would give rise to a brand-new LiDAR laser transmitter in the industry.

Reportedly, the advanced contactor architecture improves signal performance in rough use conditions, guaranteeing that items are tested to specification and also speed up the time to volume production.

Chris Bohrson, Senior Vice President & General Manager of Test Handler Group, Cohu, said that the company’s NY32W is a completely automatic visual inspection, die sorting and optical testing solution. It would substitute domestic semi-automatic engineering lab instruments in the future.

Moreover, this cutting-edge solution delivers the stringent quality necessary for the automotive industry while providing excellent repeatability, lower cost, and superior productivity.

Incidentally, prior to this news, Cohu had made headlines when it revealed that Comerica Bank has increased its holdings in their company by 2.3% in the Q3 of 2019. The financial service company previously possessed 38,477 shares of the Cohu stock before buying extra 853 shares during the financial year.

Reportedly, the bank owns roughly 0.09% of Cohu which comes up to $606,000. This data was published after reviewing Commercia’s latest 13F filing with the SEC. Moreover, other hedge funds that have shown some interest in the company include Peregrine Capital Management LLC and Marshall Wace North America L.P.

As a matter of fact, Peregrine Capital Management has also bought a new stake in Cohu during the Q2 which was valued at $6,620,000. As for Marshall Wace North America L.P., it bought a new position in the company in Q2 which was estimated to be at $234,000.
 

Source Credit: https://apnews.com/Business%20Wire/90dbc0ddf9804d5284d5a92aa4d067b8