KUALA LUMPUR: Vitrox Corp Bhd
anticipates a sustained growth trajectory throughout 2026, as the global semiconductor industry enters a robust expansion phase.
“This momentum is primarily driven by escalating demand for artificial intelligence (AI), the expansion of data centre infrastructure, and a drastic price surge in the memory sector, where revenues are projected to increase significantly,” the automatic vision inspection solution provider said in a filing with Bursa Malaysia.
According to Gartner's latest forecast, the global semiconductor market to surge 64% in 2026 to over US$1.3 trillion, driven largely by AI chips and rising hyperscaler spending.
The group is focusing on advanced packaging applications amid these trends, which require high-accuracy, high-resolution vision inspection.
“We are humbly introducing new products, such as the QX1 Series, to address growing demand for ultra-high-resolution 3D X-ray inspection of miniature and complex components in advanced packaging and electronics assembly applications,” ViTrox said.
In the first quarter ended March 31, ViTrox’s net profit more than doubled to RM51.2mil, or 2.70 sen compared wth RM24.2mil, or 1.28 sen in the year-ago quarter.
It said the strong bottom-line performance underscores its operational efficiency and a more favourable product mix compared to the prior year.
Quarterly revenue jumped 89.2% to RM267.1mil versus RM141.1mil a year prior.
ViTrox said the robust growth was primarily driven by heightened demand for Automated Board Inspection (ABI) and Machine Vision System (MVS) as the global semiconductor industry recovered.
“The expansion reflects our successful penetration into high-growth sectors, restoring volumes far above the previous year's low base,” it added.
ViTrox remains cautiously optimistic on the outlook and continues to implement proactive cost management and operational measures to safeguard margins against currency volatility and geopolitical risks.
