Oppstar Bhd, a provider of integrated circuit (IC) design services, is optimistic about its growth prospects in the semiconductor industry, despite market challenges.
According to a document that has been reported to Bursa Malaysia recently, the company acknowledges difficulties related to increased price sensitivity in some markets but sees stable growth as an opportunity to strengthen its market position.
For the first quarter of the 2025 financial year, ending June 30, Oppstar reported a net profit of RM2.1 million and revenue of RM13.4 million, showing a decrease from the same period last year.
To increase its financial resilience, the company is focusing on developing sustainable revenue streams and diversifying its service offerings.
Strategically, Oppstar is building partnerships to create long-term business opportunities, including collaboration with foundries for chip manufacturing.
The acquisition of the Japanese subsidiary, Oppstar Japan Co Ltd, is expected to expand its customer base and open up new revenue streams.
In addition, the company is expanding its workforce and geographic presence to keep pace with growing market demand and leverage Malaysia's National Semiconductor Strategy.
Oppstar's initiatives include enhancing post-silicon verification services and forming partnerships with industry giants such as Samsung Electronics to offer comprehensive IC design and manufacturing solutions.
