KUALA LUMPUR: Vitrox Corp Bhd sees a positive long-term outlook for the semiconductor sector despite near-term geopolitical and trade headwinds.
The electronics manufacturing services (EMS) provider said it expected robust double-digit growth in 2025, driven by the sector’s pivotal role in generative AI, 5G, high-performance computing, medical devices, aerospace, and electric vehicles.
“We remain cautiously optimistic about the next six months and will continue to invest strategically in R&D to strengthen our leadership and capture emerging opportunities,” ViTrox said in the notes accompanying its financial results.
In the first quarter ended March 31, ViTrox’s net profit rose 40.2% to RM24.16mil, or 1.28 sen per share, while revenue expanded 18% to RM141.1mil.
ViTrox said the increase in profit was mainly due to stronger revenue performance and a more favourable product mix.
It attributed the revenue growth primarily to a recovery in demand for its machine vision system and automated board inspection segments.