Cohu’s Revenue by Region (2018-2023)

This statistic highlights Cohu’s Revenue by Region, split across China, the Philippines, Malaysia, United States, Taiwan and the rest of the world, reported on a quarterly basis.

Cohu was founded in 1947, headquartered in the U.S., It is a leading supplier of semiconductor test and examination handlers, micro-electromechanical system (MEMS) test modules, test contactors, and thermal subsystems, and semiconductor automated test equipment utilized by global semiconductor and electronics producers and test subcontractors.

Cohu’s Revenue by Region

(All values are in millions, except  for percentages)

Revenue generated by the company in Q3 2021 is $225.06 million. There is an 8.07% decline in the revenue, under the QOQ scale, when compared to the revenue earned in Q2 2021 at $244.81 million computing an absolute decline in value of revenue by $19.75 million. For the YoY measurement, the revenue generated has a positive growth of 49.4% from $150.65 million revenue earned worldwide in Q3 2020 till Q3 2021 giving an absolute increase of $74.42 million. The Rest of the World segment has the largest revenue, followed by China (under individual country segment), the lowest revenue was generated by Taiwan.

China

China under the individual country segment was the largest revenue generator for the company in Q3 2021, the revenue generated from China contributed to 26.75% of the total quarterly revenue. There was an absolute growth of $3.02 million from Q2 2021 at $57.18 million, computing a growth under the QoQ of 5.28%. For the YoY scale, the revenue has increased by 97.89% when compared to the revenue of Q3 2020 at $30.42 million giving an absolute increase of $29.78 million.

Philippines

In the Philippines, the company earned $49.38 million in Q3 2021 which contributes to 21.94% of the total quarterly revenue generated by the company. Under the YoY scale, the revenue has the highest growth rate compared to other regions, it was at 316.37% from the revenue earned in Q3 2020 at $11.86 million. For the QoQ measurement, the company’s revenue growth is also highest compared to other regions at 35.17% from Q2 2021 at $36.53 million computing an absolute growth of $12.85 million in the revenue.

Malaysia

The company earned $21.94 million in Q3 2021 in Malaysia which contributes to 9.37% of the total quarterly revenue earned by the company. The company has an absolute increase of $9.65 million in revenue when compared with revenue of Q3 2020 at $11.44 million, this computes to an increase of 84.4% under the YOY scale. Under the QOQ scale, the company revenue has increased by 10.19% when compared to the revenue of Q2 2021 at $19.14 million giving a rise of $1.95 million in absolute revenue.

United States

$15.5 million was generated by the company in the US, which contributed to 6.89% of the total revenue in Q3 2021. In the revenue, there is a decline of 29.16% from Q2 2021 under the QoQ parameter, which computes an absolute decline in revenue of $6.38 million.  Under the YoY, the revenue has declined by 51.74% when compared to the revenue of Q3 2020 at $32.11 million which brings the revenue by an absolute value of $16.61 million.

Taiwan

The revenue generated by the company in Taiwan in Q3 2021 is $15.01 million which contributed 6.67% of the total quarterly revenue. Under the YOY, the revenue has declined by 33.86% which computes to $7.68 million from $22.69 million generated in Q3 2020 to Q3 2021. For the QoQ scale, the revenue has also declined by 44.81% which is equivalent to a decline of $12.18 million in the revenue from $27.19 million in Q2 2021 to Q3 2021.

Rest of the World

The revenue generated by the company in the rest of the world in Q3 2021 is $63.89 million which is the highest when compared with other regional segments. There was a decline in the QoQ measurement by 22.93% which is equal to $19 million from $82.89 million in Q2 2021. Whereas under the YOY, the revenue has a positive impact of 51.64% when compared to the revenue generated in Q3 2020 at $42.13 million which computes to an absolute increase in revenue by $21.76 million.

About the Company

Cohu is a global supplier of semiconductor test and inspection handlers, test contactors, micro-electromechanical system test modules, thermal sun-system, bare board PCB tester, and semiconductor automated test equipment. They provide a variety of products and services and their revenue from capital equipment products is driven by the capital expenditure budgets and spending patterns of their clients. Their products and services portfolio consists of semiconductor test which has semiconductor ATE (Automated Test Equipment), power management, LED semiconductor devices, RF semiconductors devices, also providing spares and Kits that is part of the company’s recurring revenue.

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