This story is part of Forbes’ coverage of Malaysia’s Richest 2026. See the full list here.

An 84% jump in shares of Penang-based ViTrox, which manufactures automated vision inspection equipment used by makers of semiconductors and electronic packaging, returned cofounder and CEO Chu Jenn Weng to the list after a year’s absence. Chu, who appears at No. 47 with a net worth of $565 million, says by email that the buildout of AI infrastructure, which is fueling demand for advanced chips, bodes well for the company because it increases “the need for more precise, higher-throughput and higher-reliability inspection solutions.”

Cofounded by Chu in 2000 with a former colleague after they quit HP Malaysia, ViTrox reported a 48% jump in net profit to 133 million ringgit on a 53% rise in revenue to 843 million ringgit for 2025. While Chu says the company typically doesn’t provide earnings guidance, he describes his outlook for the business as “optimistic.” In a March report, Mohd Shanaz Noor Azam, an analyst at CIMB Securities, says he expects revenue for 2026 to expand 15% to 968 million ringgit, with net profit rising 43% to 190 million ringgit.

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