ViTrox

ViTrox Corporation Berhad (MYX: 0097) is a Penang, Malaysia based company that 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. The name ViTrox supposedly reflects the core business of the company which is machine vision and electronics. [3] [4]

ViTrox Corporation Berhad
Publicly traded company
Traded asMYX: 0097
ISINMYQ0097OO004
IndustryMachine Vision OEM
Electronics
Founded2000
FounderChu Jenn Weng
Steven Siaw Kok Tong
Yeoh Shih Hoong
Headquarters,
Area served
Worldwide
ProductsMachine Vision, Automated X-ray inspection, Automated optical inspection
Revenue RM394.7 million (2018)[1]
RM35.2 million (2011)
Number of employees
800 + as of October 2018 [2]
Websitewww.vitrox.com

History

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 1990's inside their bedroom garage . Chu JW had an inspiration of becoming an entrepreneur after visiting Hewlett Packard garage in USA. Therefore, after he had worked in a multi national company for several years, he roped in Steven Siaw Kok Tong as a business partner to handle the operations and marketing parts of business meanwhile Chu Jenn Weng 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] [5]

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.[6] 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. [7]

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. [8]

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 Jenn Weng switching its plan to "Asia Expansion Strategy" whereby they are focusing in Asia regions naming China, Taiwan, Japan, Korea, Indonesia and Philippines. [9][10]

Business unit

ViTrox is specialized in machine vision system (MVS), automated optical inspection (AOI), and automated X-ray inspection (AXI) system.

Office Locations

Currently, there are 7 offices branches located from all over the globe

  • Penang, Batu Kawan Industrial Park (Headquarter/ViTrox Campus 2.0)[11]
  • Penang, Bayan Lepas Phase IV (ViTrox Innovation Center)
  • Multimedia University, CyberJaya (RD Center and Application Center)
  • Malacca (Service Center for Southern Malaysia & Singapore)
  • Thailand (Service Center for Thailand)
  • Suzhou (Service Center & Marketing Office For China)
  • US (Service Center & RD Center)

References

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.