ATE leader VITROX's performance is out, and the performance is indeed better in Q2 than Q1. However, this time the profit has RM5.4 million of Other Income, and forex contribution is not small.
According to the forecast for Q1, Q2 will outperform Q1, and the second half of the year will be better than the first half. Based on the current trend and the company's outlook, the moderator thinks it is feasible. It is expected that the net income for the full year of 2023 may decline by 25-30%, and it will recover in 2024.
Not all technology companies will rebound so quickly, companies with diversified businesses will bounce back relatively faster. Those with a high proportion of consumer end business will need an extra 1-2 quarters to clear inventory, so choosing the right track is crucial for long-term success.
PENTA is one of the leaders of ATE, and it is expected that the upcoming performance will still be strong, as over half of the company's performance comes from the automotive sector. In terms of the overall environment, the technology semiconductor industry will be better in the second half of the year than in the first half. Let's encourage each other.

With TESLA and BYD achieving record-breaking sales in Q2, and after years of deploying electric vehicles, China's cumulative new energy vehicle total reached 20 million in July. The author is not sure whether Malaysia's cumulative EV sales have exceeded 5,000 vehicles, but firmly believes that they will also contribute to EV sales in the future. Let's keep working hard together.

Gallium (Ga) and Germanium (Ge) are important raw materials in the semiconductor industry, primarily used in high-end chips. For instance, third generation semiconductor Gallium Nitride is widely used among high power application industry , such as military radar, data center, EV etc
China has always been a major exporter of gallium and germanium. For your information , 90% of the world's gallium and 68% of th...