ViTrox expects strong demand to continue into 2022


Group chief executive officer Chu Jenn Weng (pic) told StarBiz that the strong demand for the group’s products would continue into 2022 because of the global shortage of semiconductor components, a situation likely to persist till next year.

PENANG: Vitrox Corp Bhd expects its performance for the financial year 2021 (FY21) to surpass FY20, as it rides on the growing global demand for machine vision inspection equipment used in the back-end semiconductor and electronics assembly sectors.

Group chief executive officer Chu Jenn Weng (pic) told StarBiz that the strong demand for the group’s products would continue into 2022 because of the global shortage of semiconductor components, a situation likely to persist till next year.

Get 30% off with our ads free Premium Plan

Monthly Plan

RM9.73/month

Annual Plan

RM8.63/month

Billed as RM103.60/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

ViTrox , strong demand , 2022 , Chu Jenn Weng ,

   

Next In Business News

Mizuho plans to remain a top 10 global investment bank
IEA on a mission to reinvent itself at 50
Sunway Property targets RM2.6bil sales this year
Apex bullish about prospects
Wealth funds eye McDonald’s China investment
Citaglobal-led consortium bags 30-year RE contract
Verizon to raise US$1bil in its sixth green bond since 2019
Job market to remain strong, says Jobstreet
MKH signs underwriting agreement for Main Market IPO
Thoma Bravo exploring J.D. Power sale

Others Also Read