Machvision recently stopped trading its shares on Taiwan's over-the-counter (OTC) stock market, paving the way for the automated optical inspection (AOI) equipment specialist to be listed on the the Taiwan Stock Exchange mainboard.
Machvision has secured approval from the TWSE and other relevant authorities, and is scheduled to start trading its shares on the TWSE mainboard on April 2, according to the company.
Machvison reported net profits of nearly NT$1.3 billion (US$42 million) on revenues of NT$3.11 billion for 2018. Both results hit record-high levels, with EPS coming to NT$30.43. The company has decided to distribute a cash dividend per share of NT$27 for the year.
Through its debut on the TWSE mainboard, Machvision said it expects to gain more recognition internationally to help the company grow further. The supplier of AOI solutions for PCB and IC manufacturing has been focusing mainly on the China and Taiwan markets, and is looking to expand its presence in Asia to other countries this year.
Koh Young Technology of South Korea and Malaysia-based ViTrox are among the main competitors of Machvision in the AOI equipment field.
Article translated by Jessie Shen
