Trio-Tech International (NYSE American: TRT), a comprehensive provider of semiconductor back-end solutions and a global value-added supplier of electronic equipment, today announced it has received approximately $2.6 million in new orders to supply high-performance Burn-In Boards (BIBs) to North American and European customers for its AI GPU platform.
These orders are in addition to the approximately $2.5 million in new orders referenced in Trio-Tech’s recently announced fiscal third-quarter earnings release, bringing the total new orders received during the quarter to over $5 million. These orders follow the company’s March announcement of approximately $5.3 million in orders for high-performance Burn-In Boards supporting a next-generation AI GPU platform and underscore the demand for Trio-Tech’s burn-in and reliability solutions for advanced AI computing applications.
“These additional orders reflect the momentum we are seeing among customers developing advanced semiconductor devices for AI computing applications,” said S.W. Yong, Chairman and Chief Executive Officer of Trio-Tech International. “The current order activity reflects growing demand for our burn-in and reliability solutions for advanced CPU and GPU computing requirements and automotive EV applications.”
Mr. Yong added, “Trio-Tech’s business momentum demonstrates our position as a trusted key partner for semiconductor reliability and performance validation. Our recent progress, including strong year-to-date revenue growth, improving profitability trends, and our ongoing significant expansion in Malaysia, demonstrates our continued focus on aligning capacity and capabilities with increasing customer demand in the high-growth GPU/CPU AI and EV automotive markets.”
In its fiscal third-quarter earnings release, Trio-Tech reported total revenue of $16.5 million, up 124% from the prior-year quarter, and Semiconductor Back-End Solutions revenue of $13.1 million, up 141% year over year. The company also announced plans to expand its footprint in Malaysia through a newly executed lease for an additional 104,000 square feet in Perai, Penang, adding significant capacity for AI-related testing services and supporting the strong demand from our North American and European customers in Southeast Asia.
About Trio-Tech International
Trio-Tech International (NYSE MKT: TRT) is a California-based company operating in the United States, Singapore, Malaysia, Thailand, and China. Founded in 1958, Trio-Tech is a leading provider of semiconductor testing services, manufacturing solutions, and value-added distribution services. The Company’s diversified business segments include Semiconductor Back-End Solutions and Industrial Electronics.
For more information, visit http://www.triotech.com/ and www.universalfareast.com. Follow Trio-Tech on LinkedIn.
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