TRIO-TECH INTERNATIONAL Business Summary

Trio-Tech International (TRT) operates as a specialized provider of semiconductor back-end solutions, generating revenue through high-volume reliability testing services, the manufacturing of proprietary test equipment, and value-added distribution. The company is structured into two primary business segments: Semiconductor Back-End Solutions, which provides burn-in, environmental stress screening, and performance validation for AI compute chips and electric vehicle (EV) power devices; and Industrial Electronics, which focuses on aerospace-related products and equipment distribution. As of early 2026, the company has seen significant top-line expansion driven by the global surge in AI infrastructure and automotive electrification. In the competitive landscape, Trio-Tech operates as a niche small-cap player alongside peers such as Amtech Systems (ASYS), SCHMID Group (SHMD), and Aehr Test Systems, distinguishing itself through a deep operational footprint in Southeast Asia and specialized testing for mission-critical semiconductor applications. Founded in 1958, the company is led by Chairman and CEO Siew Wai Yong (S.W. Yong), who has served as President and CEO since 1990 and holds a significant 16.9% ownership stake as of January 2026. The executive team includes Chief Financial Officer Srinivasan Anitha, who oversees global financial operations, and Hwee Poh Lim, the Senior Corporate Vice President and COO of the Testing Group, who manages the strategic execution of the company’s core testing divisions. The leadership is supported by a seasoned Board of Directors, including Victor H.M. Ting and independent directors Richard M. Horowitz and Jason T. Adelman. This management team is characterized by extreme longevity, with S.W. Yong’s tenure spanning over four decades since joining the company’s Singapore subsidiary in 1976, providing deep institutional knowledge of the semiconductor reliability market.