History
ViTrox Technologies Sdn. Bhd. was established in 2000.[8] In line with its expansion strategy, ViTrox relocated its operations to the Krystal Point Office and acquired a semi-detached factory in 2001.[9] The company received the "Golden Rim Award" in Taiwan in 2004[10] and officially launched its 3D machine vision system.[11] In 2005, ViTrox was listed on the ACE Market (formerly known as the MESDAQ Market) of Bursa Malaysia. As part of its ongoing expansion efforts, ViTrox established the Electronics Communication Systems (ECS) division and introduced its 5-sided machine vision systems.[11]
In 2006, ViTrox relocated its operations to the ViTrox Innovation Centre in Bayan Lepas, Penang, and established its initial overseas sales and support office in Suzhou, China.[11] By 2009, the company ventured into the automated x-ray inspection (AXI) and automated optical inspection (AOI) sectors, leading to the establishment of the Automated Board Inspection (ABI) Division. ViTrox also introduced the Advanced 3D Optical Inspection System (V510i 3D AOI).[11] Concurrently, ViTrox transferred its listing from the ACE Market to Bursa Malaysia.
In 2010, ViTrox marked its tenth anniversary with the inauguration of the ViTrox Innovation Centre (Phase 2).[12] During this period, ViTrox established the Machine Vision System – Texas (MVST) division and introduced the Advanced 3D X-Ray Inspection System (V810i 3D AXI).[11] In 2011, the company relocated to its new facility, the ViTrox Innovation Centre (Phase 2),[13] and also unveiled the Tray-Based Vision Inspection Handler (TH1000i). Furthermore, in 2014, ViTrox established the Centre of Excellence for Machine Vision, dedicated to research and development in the field.[14]
In 2016, ViTrox entered into a memorandum of understanding with the Malaysia Productivity Corporation[15] and introduced V-ONE[13] The following year, the company established a joint venture partnership to create Penang Automation Cluster Sdn. Bhd.[16] Additionally, ViTrox achieved a record in the Malaysia Book of Records for planting the most amenity trees within 24 hours.[17] In 2018, ViTrox relocated its operations to ViTrox Campus 2.0 in Batu Kawan, Penang,[18] and unveiled the Advanced Robotic Vision (V9i).[13] n 2019, the company expanded its presence to the Penang Automation Cluster (PAC)[19] and opened offices in
In 2020, ViTrox launched its educational division, ViTrox Academy,[22] and established ViTrox Agritech.[17] In May 2021, the company revealed the acquisition of roughly 21.04 acres of land in Batu Kawan Industrial Park, Penang, as a component of its ten-year expansion master plan.[23]
In December 2021, ViTrox earned inclusion in the FTSE4Good Bursa Malaysia (F4GBM) Index and the FTSE4Good Bursa Malaysia Shariah (F4GBMS) Index after meeting the criteria set by FTSE Russell and Bursa Malaysia Securities Berhad.[24] In 2022, ViTrox received a four-star ESG rating under the technology industry classification benchmark for two consecutive years.[25]
As of April 2023, ViTrox achieved a score of 50% on the Corporate Sustainability Assessment conducted by S&P Global.[26]
ViTrox established ViTrox College, which has received accreditation from the Ministry of Higher Education. The college offers diploma courses.[27]
