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Verigy Ltd

 
Hoover's Profile: Verigy Ltd.
(NASDAQ (GS):VRGY)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Verigy Ltd.
No. 1 Yishun Ave. 7
768923 Singapore
Tel. +65-6755-2033

Type: Public
On the web: http://www.verigy.com
Employees: 1,650
Employee growth: 6.5%

Verigy's customers like to test their memory. The company is a leading maker of automated testing equipment used in the manufacturing of semiconductors. Its product line tests flash memory devices, high-speed memory chips, and system-on-a-chip (SoC) devices in various types of packages. Most of Verigy's revenue comes from equipment sales (more than 4,500 test systems installed worldwide), but about one-quarter is derived from services. The company counts Freescale Semiconductor, Spansion, and STMicroelectronics among its top customers. About three-quarters of sales comes from the Asia/Pacific region, home to most of the world's largest semiconductor assembly and test contractors.

Key numbers for fiscal year ending October, 2008:
Sales: $691.0M
One year growth: (9.2%)
Net income: $28.0M
Income growth: (71.1%)

Officers:
Chairman, President, and CEO: Keith L. Barnes
COO: Jorge L. Titinger
CFO: Robert J. (Bob) Nikl

Competitors:
Advantest
LTX-Credence
Teradyne

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