SANTA ROSA, Calif. - Keysight Technologies , Inc. (NYSE: NYSE:KEYS), a prominent player in the electronic measurement field, has announced the launch of its new 4881HV High Voltage Wafer Test System. This latest addition to the company's semiconductor test portfolio is designed to boost the productivity of power semiconductor manufacturers by facilitating parametric tests up to 3kV, enabling high and low-voltage testing in a single pass.
The innovative high-voltage switching matrix (HV-SWM) of the system is scalable up to 29 pins and supports high-voltage capacitance measurement alongside various parametric tests. This capability allows manufacturers to perform both process control monitoring (PCM) and wafer acceptance testing (WAT) more efficiently, consolidating what traditionally required separate testers for high and low voltages into a single system.
The HV-SWM is integrated with precision source measure units (SMUs), which offer highly flexible measurements ranging from sub-pA resolution to 3kV at any pin. This integration is particularly significant as it addresses the evolving needs of the semiconductor industry, which is witnessing a surge in demand for power semiconductors. These components are critical for multifunctional, high-performance devices, including those made from silicon carbide (SiC) and gallium nitride (GaN).
Keysight's new test system promises to reduce the required footprint and testing time, thereby decreasing time to market for manufacturers. In addition, the system is compatible with factory automation environments through Keysight's SPECS-FA software, further streamlining the production process.
Safety and reliability are also central to the 4881HV High Voltage Wafer Test System. It includes built-in protection circuitry and machine control to protect operators and equipment from high-voltage surges during testing. The system complies with SEMI S2 safety regulations, reinforcing its commitment to operator and equipment safety.
Shinji Terasawa, Vice President and General Manager of Keysight's Wafer Test Solutions, expressed excitement about the new system, emphasizing Keysight's mission to lead the market with innovative solutions that cater to the semiconductor sector's dynamic requirements.
This announcement is based on a press release statement from Keysight Technologies, Inc. and underscores the company's ongoing efforts to empower the semiconductor industry with advanced testing solutions.
In other recent news, Keysight Technologies has been making significant financial moves and technological advancements. The company announced the pricing of a $600 million senior unsecured fixed-rate note offering, due in 2034, with an annual interest rate of 4.950 percent. The proceeds will be used for general corporate purposes, including the repayment of outstanding notes. BNP Paribas (OTC:BNPQY) Securities Corp., Citigroup Global Markets Inc., and BofA Securities, Inc. are serving as joint lead book-running managers for the offering.
Keysight Technologies also reported strong Q3 performance, with revenues of $1.2 billion and earnings per share (EPS) of $1.57, exceeding expectations. The company unveiled its N7718C Optical Reference Transmitter and the InfiniiVision HD3 Series oscilloscope, both significant innovations for the technology industry. Furthermore, Keysight has expressed intentions to pursue mergers and acquisitions.
Analysts from Deutsche Bank, Baird, and Goldman Sachs have shown confidence in Keysight's future performance. Deutsche Bank raised its price target for Keysight from $163 to $175, maintaining a Buy rating, while Baird also increased its price target from $160 to $163. Goldman Sachs maintained its Buy rating with a steady price target of $181.
These recent developments underscore Keysight's strategic positioning in the competitive technology market and its commitment to innovation and investor value. The company is set to present a series of advanced solutions aimed at propelling next-generation artificial intelligence (AI) infrastructure at the European Conference on Optical Communication (ECOC), showcasing a variety of optical test innovations.
InvestingPro Insights
Keysight Technologies' launch of the 4881HV High Voltage Wafer Test System aligns well with the company's strong market position and financial performance. According to InvestingPro data, Keysight boasts a substantial market capitalization of $27.03 billion, reflecting its significance in the electronic measurement industry.
Despite the innovative product launch, InvestingPro Tips indicate that analysts anticipate a sales decline in the current year. This forecast adds context to Keysight's strategic move to introduce new, high-performance testing systems that could potentially offset market challenges.
The company's financial health appears robust, with InvestingPro data showing a gross profit margin of 63.46% for the last twelve months as of Q3 2024. This strong profitability metric suggests that Keysight has the financial flexibility to invest in research and development for products like the 4881HV system.
Another InvestingPro Tip highlights that Keysight operates with a moderate level of debt, which could provide the company with the financial stability needed to continue innovating in the competitive semiconductor testing market.
Investors may be interested to know that Keysight is trading near its 52-week high, as noted by InvestingPro Tips. This could indicate market confidence in the company's strategic direction and product offerings like the new high-voltage wafer test system.
For those seeking a more comprehensive analysis, InvestingPro offers additional tips and insights that could further illuminate Keysight's market position and future prospects.
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