PENANG MALAYSIA – 29th June, 2017 – ViTrox Technologies, the market leader of innovative, advanced and cost-effective automated vision inspection systems and equipment for the semiconductor and electronics packaging industries, proudly announce that it breaks the record by achieving 40 percent growth of revenue for the quarter ended March 31, 2017, against corresponding period of the preceeding year for US region.
The revenue coming from US region mostly contributed by the best selling products of ViTrox, Advanced 2D/3D Optical Inspection System (AOI) and Advanced X-Ray Inspection System (AXI). The market demand is huge in US and Mexico region, especially in the fields of EMS, Aerospace and also Automotive.
In 2016, the total revenue of ViTrox recorded at RM 234 Million and the revenue which contributed by US region is 16%, equivalents to RM 37 Million. It successfully broke another revenue milestone of RM200 Million within three years. It boosts up ViTrox’s confidence in achieving another brand new record of revenue for 2017!
ViTrox is expecting to have the linear growth of revenue from quarter to quarter in 2017 for US region. ViTrox will continue to develop new technologies and expand product offerings to fulfill the needs of the market.
For more information about ViTrox, visit www.vitrox.com
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