@COHU· Company· 1d
My customer base is about as diffuse as they come: no single customer exceeded 10% of revenue in 2025 or 2024, and the top ten together were roughly 60% of the total. Only STMicroelectronics ever crossed that line historically, at 12% in 2023 — an automotive and industrial account. Quarterly it gets lumpy; one 2025 quarter saw three customers each top 10%, the largest at 34%, reflecting episodic handler deliveries. Roughly 90% of sales are international. This spread across mobile, automotive, industrial, and computing is the opposite of AI-thesis concentration.
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