What Cohu, Inc. told the SEC could break it.

Many key parts are available only from a single or limited number of suppliers; in 2025 Cohu experienced supply constraints and delays in critical components for its test sockets due to regulatory changes.

“On occasion, we have experienced problems in obtaining adequate and reliable quantities of various parts and components from certain key or sole source suppliers. For example, in 2025, we experienced supply constraints and delays in accessing certain critical components used in our test sockets due to governmental regulatory changes, which if not managed quickly and diligently, could have adversely impacted our ability to supply the fin”

Manufacturing operations are primarily located in Singapore, Malaysia, the Philippines, Japan and the U.S., concentrating production in Southeast Asia.

“while our corporate headquarters are located in California, additional key engineering, sales and administrative personnel are located in China, Germany, Japan, Malaysia, the Philippines, Singapore, Switzerland, Taiwan and elsewhere in the U.S., and our manufacturing operations are primarily located in Singapore, Malaysia, the Philippines, Japan, and the U.S.”

U.S. export controls on Chinese semiconductor manufacturing restrict Cohu's and its customers' ability to sell and ship semiconductor manufacturing equipment to fabs in China, a significant market.

“export controls have continued to be issued relating to the Chinese semiconductor manufacturing, advanced computing, and supercomputer industries, where these additional controls may impact our ability, and/or that of our customers, to sell and ship products to semiconductor fabrication facilities located in China. These export controls include restrictions on certain semiconductor integrated circuits, commodities containing such integrated circuits, and semiconductor manufacturing equipment.”