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.