FormFactor, Inc. logo FORM - FormFactor, Inc.

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| PRICE TARGET: $134.00 DETAILS
HIGH: $175.00
LOW: $64.00
MEDIAN: $142.50
CONSENSUS: $134.00
UPSIDE: 14.02%

About FormFactor, Inc. (https://www.formfactor.com)

FormFactor, Inc., established in Livermore, California in 1993, specializes in the design, manufacturing, and global distribution of advanced test and measurement solutions for the semiconductor industry. The company primarily caters to semiconductor manufacturers and research institutions, operating through two main divisions: Probe Cards and Systems. Within the Probe Cards segment, FormFactor supplies crucial components designed to verify the functionality of a wide array of integrated circuits. These include complex system-on-chip (SoC) products, processors for mobile applications, microcontrollers, graphics processors, and various memory devices such as dynamic random-access memory (DRAM) and NAND/NOR flash. Additionally, their probe cards support the testing of radio frequency (RF), analog, mixed-signal, image sensor, and electro-optical devices. The Systems division encompasses several specialized product lines. For instance, analytical probes are instrumental in applications such as device characterization, developing electrical simulation models, conducting failure analysis, and debugging prototype designs. These probes serve a diverse clientele including universities, research facilities, integrated device manufacturers (IDMs), semiconductor foundries, and fabless semiconductor companies. Furthermore, FormFactor provides probing systems that enable semiconductor design engineers to accurately capture and analyze critical data. They also offer surface metrology systems vital for product development, manufacturing, and quality assurance in semiconductor production. The company's thermal subsystems, such as thermal chucks, are incorporated into probe stations and other testing environments. Completing their portfolio are precision cryogenic instruments and associated test and measurement systems for semiconductors. Beyond hardware, FormFactor delivers comprehensive support services, including on-site maintenance for probe cards, specialized training programs, educational seminars, and telephone assistance. The company leverages a multi-channel sales strategy, utilizing a direct sales force, manufacturers' representatives, and independent distributors to market its offerings across major global markets. Its operational footprint spans the United States, Taiwan, South Korea, China, Japan, Europe, the broader Asia-Pacific region, and various other international territories.

Key Executives

NAME TITLE DOB SALARY
Michael D. Slessor Chief Executive Officer, President & Director 1970 $1,082,874 USD
Aric McKinnis Senior Vice President & Chief Financial Officer 1983 $492,023 USD
Aasutosh Dave Senior Vice President & Chief Commercial Officer
Alan Lop-Gate Chan Senior Vice President, Chief Legal Officer & Corporate Secretary 1977
Aliza Scott Senior Vice President & Chief Human Resources Officer
Jens Klattenhoff Senior VP & GM of Systems Business Unit
Missy Figueroa Senior Vice President of Global Operations
Stan Finkelstein Head of Investor Relations
Steven Nott Senior Vice President & Chief Information Officer
Sudhakar Raman Senior Vice President & GM of Probes Business Unit

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