Strong QR, strong Pipeline
Malaysia has been doing well in the backend semiconductor space for the past 50 years , thanks to $Intel (INTC.US)$ , which is among the first batch of pioneers that came into Malaysia to build the test and assembly factories.
Local Malaysian semicon equipment companies are usually involved in backend test and aasembly division , such as vision inspection , testers , handlers etc
$TTVHB (0272.MY)$ is one of the home grown vision inspection equipment makers , their customer base majority come from solar and automotivr industry .
The quarterly result of TTVHB showed that it is still able to maintain stellar performance , despite the slowdown in the semicon industry, thanks to the strong delivery of vision inspection equipments which is used to perform vision test for IGBT which is in automotive industry.
Moving forward, TTVHB still has a sum of RM 92 mil orderbook , which can supercharges its earning growth for the next three quarters to come. Big chunks from the orderbook are from solar industry
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