Teradyne Wins Competitive Microcontroller Design-In at Haier; One of the Biggest Home Appliance Manufacturers in the World

SHANGHAI, China--(BUSINESS WIRE)--March 12, 2003--Teradyne, Inc. (NYSE:TER) announced that the Haier IC Company of Shanghai, a division of the Haier Group, one of the world's biggest home appliance manufacturers, selected Teradyne to assist in the design verification of a microcontroller for use in numerous home appliances such as refrigerators, washers, air-conditioning units, and dish washers. In a competitive design-in, Haier selected Teradyne based on the test economics and test capability of the Integra J750 test system. Teradyne's J750 delivers the lowest test cost for microcontrollers in high-volume production while meeting digital and converter test requirements. The selection was also based on Teradyne's strong applications and customer support infrastructure in China.

"We were impressed by Teradyne's local engineering resources," said Jian-Guo Zhu, Vice General Manager, Haier IC Company. "Haier turned to Teradyne for assistance in the design verification of one of our microcontrollers, and within weeks, we advanced the device design and collected vital data for use in our future designs. This type of strong application support makes us confident that we selected a valuable partner when we chose Teradyne."

“Teradyne's J750 is designed to provide the full spectrum of test coverage and parallel test capability that high-volume manufacturers need, while delivering the best test economics. We look forward to supporting the implementation of the new microcontroller and the range of products that will benefit from this new device.”

"Cost of test is critical to high volume manufacturers like Haier," commented Hock Chiang, Managing Director, Teradyne Semiconductor Test Operations in China. "Teradyne's J750 is designed to provide the full spectrum of test coverage and parallel test capability that high-volume manufacturers need, while delivering the best test economics. We look forward to supporting the implementation of the new microcontroller and the range of products that will benefit from this new device."

About Integra J750

The J750's high-throughput test capability provides as high as 95% parallel test efficiency for up to 32 devices. The zero footprint system delivers up to 1,024 I/O channels contained in a test head, and offers a suite of options, including the Converter Test Option, Memory Test Option, Redundancy Analysis, and Mixed Signal Option, that broaden the range of testing capabilities. The system also features IG-XL test software that combines the power and performance of the latest PC technology and Windows 2000 operating system with the familiarity of standard Windows productivity tools, such as Microsoft Excel and Visual Basic. The J750's small footprint and high parallel test throughput provide the most economical approach to testing complex VLSI devices with embedded memory and analog cells.

About Haier (Shanghai) IC

Haier (Shanghai) IC Design Company Ltd. is a business of new advanced technology invested in and established by the Haier Group. The company incorporates a batch of designers with rich design experience and excellent performance in the domestic IC design industry. Currently, Haier (Shanghai) IC Design develops the core technology of integrated circuits in MCU and other devices used for home appliances applications.

About Teradyne

Teradyne (NYSE:TER) is the world's largest supplier of Automatic Test Equipment, and a leading supplier of interconnection systems. The company's products deliver competitive advantage to the world's leading semiconductor, electronics, automotive and network systems companies. In 2002, Teradyne had sales of $1.22 billion, and employed about 7000 people worldwide. For more information, visit www.teradyne.com.