ViTrox Corporation Berhad (MYX: 0097) is a Malaysian based electronics company located at Penang, Malaysia. Vitrox specializes in designing and developing automated vision inspection system and equipment testers for the semiconductor and electronic packaging industries as well as electronic communications equipment.
ViTrox Technologies was established in 2000 in Penang by Chu Jenn Weng and Steven Siaw Kok Tong who studied together at University Sains Malaysia in the 1990s inside their bedroom garage. Chu had an inspiration of becoming an entrepreneur after visiting Hewlett Packard garage in USA. Therefore, after he had worked in a multinational corporation (MNC) for several years, he roped in Siaw as a business partner to handle the operations and marketing parts of business while Chu focus on the technical sides of the operations. As their business expanded, the business operations was moved from their bedroom garage to the Krystal Point, Bayan Baru. As the business continued to grow, business operations moved to several places.[3][4][6]
In 2006, ViTrox secure exclusive contracts with SRM, another Penang based MNC specializing in electric test handler for 10 years estimated to be worth of RM100 million.[7] During the financial crisis of 2007–2008, ViTrox Technologies purchased AXI and AOI business unit from Agilent as the former company decides to exit the business to focus on the electronic test. [8]
With the purchase of AXI and AOI from Agilent, ViTrox Technologies now have 4 different segments of business units which are system integrator and provider of high-speed machine vision inspection systems, automated optical inspection, X-Ray inspection and electronics communication systems to cater different kind of vision test for different segments of customer bases in semiconductor related industries worldwide. ViTrox key customers are in the back-end semi-conductor assembly and packaging industry as well as the electronics manufacturing and contract manufacturing industry. [9]
In 2013, ViTrox have an internal target of "555 strategy" which meant have the annual turnover of MYR500 million, have 500 employees by the end of 2015. But as the year 2015 is reaching near with the target is nowhere near the sights, Chu switched its plans to "Asia Expansion Strategy" whereby they are focusing in Asia regions naming China, Taiwan, Japan, Korea, Indonesia and Philippines. [10][11]
Company Overview of ViTrox Corporation Berhad, bloomberg.com
January 07, 2023
vitrox, this, article, uses, bare, urls, which, uninformative, vulnerable, link, please, consider, converting, them, full, citations, ensure, article, remains, verifiable, maintains, consistent, citation, style, several, templates, tools, available, assist, fo. This article uses bare URLs which are uninformative and vulnerable to link rot Please consider converting them to full citations to ensure the article remains verifiable and maintains a consistent citation style Several templates and tools are available to assist in formatting such as Reflinks documentation reFill documentation and Citation bot documentation August 2022 Learn how and when to remove this template message ViTrox Corporation Berhad MYX 0097 is a Malaysian based electronics company located at Penang Malaysia Vitrox specializes in designing and developing automated vision inspection system and equipment testers for the semiconductor and electronic packaging industries as well as electronic communications equipment ViTrox Corporation BerhadTypePublic limited companyTraded asMYX 0097ISINMYQ0097OO004IndustryMachine Vision OEMElectronicsFounded2000FounderChu Jenn WengSteven Siaw Kok TongYeoh Shih HoongHeadquartersPenang MalaysiaArea servedWorldwideProductsMachine Vision Automated X ray inspection Automated optical inspectionRevenueRM394 7 million 2018 1 Net incomeRM35 2 million 2011 Number of employees800 2018 2 Websitewww wbr vitrox wbr comThe name ViTrox reflects the core business of the company which is machine vision and electronics 3 4 ViTrox s core products are its Machine Vision System MVS Automated Board Inspection ABI and Electronics Communication System ECS 5 Contents 1 History 2 Business unit 3 Office Locations 3 1 Local Offices 3 2 Overseas Offices 4 References 5 External linksHistory EditViTrox Technologies was established in 2000 in Penang by Chu Jenn Weng and Steven Siaw Kok Tong who studied together at University Sains Malaysia in the 1990s inside their bedroom garage Chu had an inspiration of becoming an entrepreneur after visiting Hewlett Packard garage in USA Therefore after he had worked in a multinational corporation MNC for several years he roped in Siaw as a business partner to handle the operations and marketing parts of business while Chu focus on the technical sides of the operations As their business expanded the business operations was moved from their bedroom garage to the Krystal Point Bayan Baru As the business continued to grow business operations moved to several places 3 4 6 In 2006 ViTrox secure exclusive contracts with SRM another Penang based MNC specializing in electric test handler for 10 years estimated to be worth of RM100 million 7 During the financial crisis of 2007 2008 ViTrox Technologies purchased AXI and AOI business unit from Agilent as the former company decides to exit the business to focus on the electronic test 8 With the purchase of AXI and AOI from Agilent ViTrox Technologies now have 4 different segments of business units which are system integrator and provider of high speed machine vision inspection systems automated optical inspection X Ray inspection and electronics communication systems to cater different kind of vision test for different segments of customer bases in semiconductor related industries worldwide ViTrox key customers are in the back end semi conductor assembly and packaging industry as well as the electronics manufacturing and contract manufacturing industry 9 In 2013 ViTrox have an internal target of 555 strategy which meant have the annual turnover of MYR500 million have 500 employees by the end of 2015 But as the year 2015 is reaching near with the target is nowhere near the sights Chu switched its plans to Asia Expansion Strategy whereby they are focusing in Asia regions naming China Taiwan Japan Korea Indonesia and Philippines 10 11 Business unit EditViTrox is specialized in machine vision system MVS automated optical inspection AOI and automated X ray inspection AXI system Office Locations EditCurrently there are total of 8 offices branches across the globe Local Offices Edit Penang Batu Kawan Industrial Park Headquarter ViTrox Campus 2 0 12 Penang Bayan Lepas Phase IV ViTrox Innovation Center Selangor Cyberjaya Multimedia University Faculty of Computing and Informatics ViTrox Vision Lab R amp D Center and Application Center Malacca Service Center for Southern Malaysia amp Singapore Overseas Offices Edit Thailand Service Center for Thailand China Suzhou Service Center amp Marketing Office For China China Shenzhen ViTrox Shenzhen Demo Centre United States California Fremont Service Center amp R amp D Center 13 Germany Lohr am Main Service Center amp Marketing Office For Europe References Edit Annual Report Fortune April 23 2019 Blogger a b ViTrox homegrown high tech firm The Star Penang Malaysia 27 Oct 2012 Retrieved 24 Jan 2014 a b http www theedgemalaysia com business news 246877 vitrox eyes maas targets rm500m market cap html Background 19 Sep 2020 Retrieved 19 Sep 2020 Vitrox has avision to go far Fortune March 2011 Retrieved 14 Sep 2013 ViTrox Secures 10 Year Contract Worth RM100 Million 12 Dec 2006 ViTrox Corp Warrants Closer Inspection PDF 31 October 2013 ViTrox Corp Berhad Company Description 13 Jan 2010 Retrieved 24 Jan 2014 Stretch Targets Are Par For The Course 28 April 2014 Retrieved 1 April 2015 ViTrox to focus on Asia Expansion Plan 2 June 2014 Retrieved 1 April 2015 ViTrox is Moving to Campus 2 0 Now ViTrox Contact us ViTrox External links EditCompany Overview of ViTrox Corporation Berhad bloomberg com Retrieved from https en wikipedia org w index php title ViTrox amp oldid 1127868473, wikipedia, wiki, book, books, library,
