Company: COHU
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0001437749-25-004612
Chunk: 11

Company: COHU INC
Filing Date: 2025-02-20
Form: 10-K
Item: Item 1
Chunk 11
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 able to win business over that of our competition.

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			Consolidation could adversely affect the market for our products and negatively impact our ability to compete.

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			The cyclical nature of the semiconductor equipment industry places enormous demands on our employees, operations and infrastructure.

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			A limited number of customers account for a substantial percentage of our net sales.

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			If we cannot continue to develop, manufacture, market and support products and services that meet customer requirements for innovation and quality, our revenue and gross margin may suffer.

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			If our relationships with our large customers deteriorate, our product development activities could be adversely affected.

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			We must attract and retain experienced personnel to help support our future growth, and competition for such personnel in our industry is high.

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			The use of Artificial Intelligence (“AI”) within Cohu’s product development involves risks and uncertainties that may impact our operational performance and be subject to legal and/or regulatory action.

Risks Associated with Operating a Global Business

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			We are exposed to the risks of operating in certain foreign locations where Cohu manufactures certain products and supports our sales and services to the global semiconductor industry.

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			Geopolitical instability in locations critical to Cohu and its customers may adversely impact our operations, sales and profitability.

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			The occurrence of natural disasters, health epidemics, and geopolitical instability caused by terrorist attacks and other threats may adversely impact our operations and sales.

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			Our business could be adversely affected by climate change effects and related matters.

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			We are exposed to additional risks as a result of increased attention by our stakeholders to sustainability, including environmental, social and governance matters.

Risks Relating to Acquisitions and Other Strategic Transactions

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			We may choose to acquire new and complementary businesses, products or technologies instead of developing them ourselves, and we may be unable to complete these acquisitions or may not be able to successfully integrate an acquired business in a cost-effective and non-disruptive manner.

Risks Relating to our Indebtedness, Financing and Future Access to Capital

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			Due to the nature of our business, we need continued access to capital, which if not available to us or if not available on favorable terms, could harm our ability to operate or expand our business.

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			Our foreign operations expose