Vitrox to bolster ops amid semiconductor downturn in preparation for strong rebound
10 Feb 2023
Vision-inspection equipment maker Vitrox Corp Bhd plans on bolstering its operations amid the current semiconductor downturn, as it expects a strong rebound in a few years.
Its president and chief executive officer Chu Jenn Weng said Vitrox had been riding the semiconductor boom in the past few years, resulting in its rapid growth.
“This is the time for us to do housekeeping and recharge to make us well prepared for bigger things to come (and) we are confident of a strong rebound in the next few years.
“We have put in place strategies to hire more talents (and) it is a good time for us to invest more in research and development, as well as in our education segment,” he told the media after the Vitrox College launch event here on Friday (Feb 10), witnessed by Penang Chief Minister Chow Kon Yeow.
In a separate statement, the company said it has launched Vitrox College to provide industry-centric, inspiring and inclusive education with a strong emphasis on an engaging a practical learning environment.
It said that the college is set up to bridge the education and industry systems by applying classroom practices relevant to the actual day-to-day work in the industry.
“Vitrox College officially announced its establishment on Dec 19, 2022, upon receiving accreditation from the Ministry of Higher Education.
“The institution obtained the Malaysian Qualification Accreditation/Provisional Accreditation for its diploma courses on Aug 9, 2022, namely Diploma in Mechatronics Engineering, Diploma in Electrical and Electronic Engineering, and Diploma in Electronic Engineering (Machine Vision),” it said.
Chow noted that Vitrox has been committed to bridging and reinforcing the link between the industry and academia since its inception in 2000.
“Vitrox College is believed to play a vital role in attracting talent, solidifying Penang’s position as the talent magnet in the northern region,” he said.