Author
Abstract
Teradyne, Inc., is a major global supplier of automation equipment for test and industrial applications. The company was established in the year 1960. Teradyne is involved in the designing, developing, manufacture, and sale of automatic test systems which are used to test semiconductors, data storage, and complex electronic systems. The products of Teradyne are used in different industrial sectors such as consumer electronics, wireless, automotive, industrial, computing, communications, aerospace, and defense industries. The industrial automation products offered by the company include collaborative robotic arms, autonomous mobile robots, and advanced robotic control software. These automation products are used by global manufacturing, logistics, and light industry sector firms to enhance manufacturing and material handling efficiency and to lower manufacturing and logistics costs. The automatic test equipment and industrial automation products and services offered by Teradyne consist of semiconductor test systems, storage, system level test systems, defense/aerospace test instrumentation and systems, circuit board test and inspection systems, wireless test systems, and industrial automation products. The industrial automation segment of Teradyne consists of Universal Robots which is a leading supplier of collaborative robotic arms. Mobile Industrial Robots is a leading manufacturer of autonomous mobile robots (AMRs) for industrial automation. AutoGuide LLC is a manufacturer of high payload AMRs. The corporate strategy of the company focuses on expanding the market share in the test businesses through the introduction of differentiated products in the industrial automation business segment. An investment of $1000 made in Teradyne stock on January 3, 1975, would have led to wealth creation of $ 265,230.78 by January 29, 2023.The average growth rate of total revenue and net income were 16% and 44%, respectively during the period 2017–2021.
Suggested Citation
B. Rajesh Kumar, 2024.
"Case 42 Teradyne, Inc,"
Management for Professionals, in: Rising Stars, pages 313-319,
Springer.
Handle:
RePEc:spr:mgmchp:978-3-031-50032-9_42
DOI: 10.1007/978-3-031-50032-9_42
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