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Semiconductors

ViTrox Corporation Berhad (VITROX)

Company Score: 7.5/10Data as of: 4 Aug 2026

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1D • MYX

9 Oct, 04:25 am

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Company Profile

ViTrox Corporation Berhad — Malaysia's Machine Vision Inspection Champion

ViTrox is not your typical semiconductor company. Founded in 2000 by Chu Jenn Weng and Steven Siaw Kok Tong — both alumni of Universiti Sains Malaysia — the company started from a small rented space in Sungai Dua, Penang, before growing into a global player in machine vision inspection systems.

Today, ViTrox operates from ViTrox Campus 2.0 in Batu Kawan, Penang — a modern technology campus that embodies the company's organic growth over two decades. The company has two core business segments:

  • 🔬 Automated Board Inspection (ABI) — PCB inspection systems using 3D SPI, AOI, and AXI technology. This segment contributes ~61% of 9M2025 revenue.
  • 🤖 Machine Vision System (MVS) — component-level handling and inspection for IC/component semiconductor packaging. Contributes ~38% of 9M2025 revenue.

ViTrox also develops V-ONE — an Industry 4.0 Manufacturing Intelligence platform — and electronic communication systems.

✅ Shariah Compliance: ViTrox is a Shariah-compliant stock listed on Bursa Malaysia, suitable for investors prioritizing halal investment.

Business Foundations

ViTrox's key markets include Malaysia, China, Taiwan, South Korea, and Southeast Asia — representing the global semiconductor ecosystem. With exposure to AI chip manufacturing, 5G smartphones, and electric vehicles (EVs), ViTrox sits at the intersection of three of the most powerful technology mega-trends of this decade.

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Financial Analysis

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Dividends

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Valuation

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Peer Comparison

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Red Flags

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Scorecard

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Catalysts

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Conclusion

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