Development and manufacturing of semiconductor testing equipment.

Providing burn-in and reliability testing equipment for semiconductor devices, especially establishing a strong position in the market for Silicon Carbide (SiC) devices. The following details explain further.

Aehr Test Systems' products are characterized by their ability to efficiently and cost-effectively conduct reliability testing of semiconductor devices. Their testing equipment, such as the "FOX" series, enables wafer-level burn-in (WBI) processes, playing a crucial role in the market for high-performance and long-life devices, especially for the SiC devices used in power conversion and electric vehicle (EV) applications.

- SiC is gaining attention as a material for next-generation power devices used in EVs and renewable energy fields. These devices require high efficiency and durability, making Aehr Test Systems' wafer-level burn-in technology highly suitable.

- In response to the increasing demand in this market, the company is expanding its customer base, including major semiconductor manufacturers using SiC.

Aehr Test Systems focuses on niche markets different from other major semiconductor test equipment manufacturers (such as Advantest and Teradyne).

- Their wafer-level burn-in technology is specialized for specific applications in a relatively less competitive field.

- Furthermore, they differentiate themselves by providing integrated solutions combining testing and burn-in, aiming to stand out from their competitors.

– Drivers of GrowthWith the expansion of demand for SiC devices, an increase in demand for the company's products is expected. In particular, the rapid expansion of the EV market is driving this demand.

– Risk FactorsThere is a need for continuous technological innovation to maintain competitive advantage due to the possibility of intensified competition and emergence of new technologies.

Aehr Test Systems, leveraging its strong positioning and unique technology in the SiC device market, is experiencing growth. However, it also faces risks such as competition in niche markets and high customer dependency. It is important to evaluate long-term technological capabilities while monitoring market trends.