Last $9.66 USD
Change Today +0.54 / 5.92%
Volume 339.3K
LTXC On Other Exchanges
As of 8:10 PM 04/22/14 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

825 University Avenue

Norwood, MA 02062

United States

Phone: 781-461-1000

Fax: 781-329-8836

LTX-Credence Corporation provides automated test equipment (ATE) solutions for the semiconductor industry. The company designs, manufactures, markets, and services ATE solutions that address the test requirements of the wireless, computing, automotive, and digital consumer markets of the semiconductor industry. Semiconductor designers and manufacturers worldwide use the company’s equipment to test their devices during the manufacturing process. After testing, these devices are incorporated in a range of products, including personal and tablet computers, mobile Internet equipment, such as wireless access points and interfaces, broadband access products, such as cable modems and set top boxes, personal communication and entertainment products, such as mobile phones and personal digital music players, consumer products such as televisions, videogame systems and digital cameras, automobile electronics and power management devices used in portable and automotive electronics. The company also sells hardware and software support and maintenance services for its test systems. The company focuses its marketing and sales efforts on integrated device manufacturers (IDMs); outsource assembly and test providers (OSATs), which perform assembly and testing services for the semiconductor industry; and fabless companies, which design integrated circuits but have no manufacturing capability. Product Portfolio The company’s product portfolio consists of three segment-focused, scalable platforms: Diamond Series Platform The Diamond platform offers high-density packaging for low-cost testing of microcontrollers and cost sensitive consumer and digital-based ASSP and ASIC devices. The Diamond platform utilizes electronics integration and air-cooling to produce a compact form factor and utilizes high-density technology in various instruments for digital and mixed signal addressing embedded analog testing. It is used for engineering, as well as wafer sort and final production testing. In March 2012, the company introduced a new member of the Diamond platform, the Diamondx, specifically targeted at digital-based ASSP and ASIC devices. X-Series Platform The X-Series platform offers configurations for optimal testing of analog-based ASSP and ASIC, power, automotive, mixed signal and RF applications. The X-Series offers four scalable, compatible configurations, each using common instrumentation and software, to enable flexible deployment while optimizing capital investment. It offers a range of digital, analog, RF and DSP test hardware coupled with its software offerings to provide a scalable test environment that addresses the test requirements of complex mixed signal and RF devices on a single system. ASL Series Platform The ASL platform offers testing linear, low-end mixed signal, precision analog, and power management devices. The ASL tests traditional analog function blocks such as amplifiers, regulators, switches and converters, either as individual ICs or as larger function ICs, such as battery power management devices in portable electronics devices. Services The company’s worldwide service organization is capable of performing installations and necessary maintenance of test systems sold by the company, including routine servicing of spare parts manufactured by third parties. The company provides various parts and labor warranties on test systems and instruments designed and manufactured by the company and warranties on certain components that have been purchased from other manufacturers and incorporated into its test systems. The company also provides training on the maintenance and operation of test systems the company sell. The company maintains service centers worldwide, both directly and through strategic alliances with companies that are located in the United States, Europe and Asia. Strategy The company’s objective is to be the supplier of market-focused, cost-optimized ATE solutions for the wireless, computing, automotive and entertainment markets. Main elements of its business strategy include the following: advance its offering of market-focused, cost-optimized ATE solutions; concentrate sales, applications consulting, and service efforts on key accounts; and further improve the flexibility of business model. Sales and Distribution The company sells its products through a combination of a worldwide internal direct sales organization and external distributors. The company also uses third party distributors to sell its products in certain markets, such as in Taiwan, China, Japan, Korea, and other countries in southeast Asia. Customers The company’s customers include Amkor, Anadigics, Atmel, Austriamicrosystems (AMS), ASE, Carsem, Elmos, Giga Solution, Hi Silicon, Infineon Technologies, KYEC, Maxim Integrated Products, Mediatek, Melexis, Microchip Technology, Murata, Nordic Semiconductor, Novatek, NXP, Renesas, RichTek, Sigurd, Skyworks Solutions, STATSChipPac, Spirox, STMicroelectronics, Texas Instruments, Triquint Semiconductor, Toshiba, Unisem, and UTAC. Competition The company’s primary competitors in the market for test systems include Advantest Corporation and Teradyne Inc. History LTX-Credence Corporation was founded in 1976. The company was incorporated in Massachusetts in 1976.


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