ViTrox bullish about product

Vitrox Corp Bhd sees its new Automated Optical Inspection (AOI) System as a major product line-up and expects Malaysia, Thailand, China and Taiwan to be the main consumers of the system. 

The product, currently in the prototype phase, would be ready for commercialisation in two months' time, executive chairman and managing director Chu Jenn Weng told reporters in Kuala Lumpur after the company’s listing on the Mesdaq market yesterday. 

Chu said the AOI System allows large objects such as printed circuit boards to be examined at micron level at fast speeds and also inspection at seven microns. 

Developed at a cost of over RM500,000 the automated system allowed manufacturers to increase production efficiency and save cost, he said, adding that the company was targeting the electronics, pharmaceutical and agricultural sectors. 

Chu said ViTrox believed in investing in local talent to help grow the local technology industry.  

Chu Jenn Weng (left) striking the gong to start listing of ViTrox.

“My vision is to create a world-class technology company developed by Malaysians,” he said. 

The company has, over the last nine months, been collaborating with the Multimedia University through sponsorship of IT students in terms of research and equipment. 

Listed under technology, ViTrox shares opened at its initial offer price of 36 sen and closed at 40.5 sen for a gain of 4.5 sen, on volume of 19.3 million shares yesterday. 

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