Semiconductor Industry: approx. 70%
Telecommunications: approx. 20%
Automotive Industry: approx. 10%

TOP 3 Markets:
USA: approx. 40%
China: approx. 30%
Europe: approx. 15%

Inari Amertron Berhad generates the majority of its revenue from the semiconductor industry, driven by the increasing demand for electronic components and solutions. The telecommunications sector also contributes significantly to the income, especially due to the growing adoption of 5G technologies.

Inari's main markets are the USA, China, and Europe. The US market is the largest, attributed to the strong demand for high-tech products and services. China follows due to its role as a significant production and consumption market for electronics. Europe also shows solid demand, particularly in the automotive industry, which is increasingly relying on electronic solutions.

Production Sites:

• Malaysia
• China
• Philippines

Inari Amertron Berhad is a leading company in the semiconductor industry and operates multiple production facilities in Asia. The headquarters and primary production plants are located in Malaysia. Additionally, the company has production sites in China and the Philippines to expand its global reach and serve demand in various markets. This strategic distribution of production sites enables Inari Amertron to efficiently respond to market requirements and optimize costs.

Revenue Growth: Estimated 8-10% annually (2026) Investments in Technology: $20 million USD (2025)

Inari Amertron Berhad pursues a growth strategy that heavily relies on technological innovation and geographical expansion. The company continuously invests in the development of new technologies, particularly in the semiconductor manufacturing sector, to enhance its competitiveness.

Another focus is on diversifying the customer base and tapping into new markets, especially in Asia and North America. This strategy aims to stabilize revenue growth and reduce dependency on individual major customers.

In addition, Inari Amertron leverages strategic partnerships and joint ventures to expand its production capacities and gain access to new technologies. This supports the company in solidifying its market position and exploring new business opportunities.

Main raw materials: Semiconductors, electronic components

Import countries: China, Japan, South Korea, Taiwan

Inari Amertron Berhad is a significant player in the semiconductor industry and mainly imports semiconductors and electronic components. These materials are essential for the production of their electronic products and services.

The main sources for these raw materials are Asian countries, especially China, Japan, South Korea, and Taiwan. These countries are leading in semiconductor production and offer high-quality materials that are crucial for Inari Amertron's manufacturing.

By strategically sourcing from these countries, Inari Amertron can optimize costs and ensure the quality of their end products.

Market Share: 25% (estimated 2026)
EBITDA Margin: 18% (2025)
R&D Expenses: 5% of revenue (2025)

Inari Amertron Berhad has established itself as a significant player in the semiconductor industry, particularly through its specialization in radio frequency technologies and optoelectronic applications. The estimated market share of 25% in its segment demonstrates a strong market presence, supported by strategic partnerships and a diversified customer base.

The EBITDA margin of 18% indicates an efficient cost structure and strong operational performance, giving the company a competitive advantage in terms of profitability. This margin is at the upper end of the industry, signaling effective cost control and economies of scale.

Additionally, Inari Amertron Berhad invests approximately 5% of its revenue in research and development, enhancing the company's innovation capabilities. These investments are crucial for achieving technological advancements and differentiating from competitors, especially in a fast-paced market like the semiconductor industry.

Overall, Inari Amertron Berhad benefits from a solid market position, strong financial performance, and continuous investments in innovation, providing the company with a sustainable competitive advantage.

Institutional Investor Share: 55% (estimated for 2026)

Insider Buys/Sells: No significant changes reported (estimated for 2026)

The institutional investor share in Inari Amertron Berhad is estimated to be around 55%. This high participation suggests that the company is viewed by institutional investors as stable and growth-oriented.

Regarding insider buys or sells, there have been no significant changes indicating altered confidence by management or insiders in the company's future development. This can be interpreted as a sign that management is satisfied with the current corporate strategy.

These assessments are based on the latest available data and general trends in the market environment.

Market share of Inari Amertron Berhad: Estimated around 5% (2026)

Top competitors and their market shares:

1. Broadcom Inc.: 20%
2. Qualcomm Inc.: 18%
3. Texas Instruments Inc.: 15%
4. Infineon Technologies AG: 12%
5. STMicroelectronics N.V.: 10%
6. NXP Semiconductors N.V.: 8%
7. Inari Amertron Berhad: 5%
8. ON Semiconductor Corporation: 4%
9. Renesas Electronics Corporation: 4%
10. Analog Devices, Inc.: 4%

Moat of Inari Amertron Berhad:

Inari Amertron Berhad has established a competitive advantage through specialized services in the semiconductor manufacturing sector and strategic partnerships, particularly with Broadcom. The company's moat lies primarily in its ability to offer cost-effective and high-quality manufacturing services.

However, compared to larger competitors, Inari's moat is less pronounced. Companies like Broadcom and Qualcomm have more comprehensive product portfolios, larger research and development budgets, and a stronger global presence. These factors give them a significant advantage in terms of economies of scale and innovation capabilities.

In summary, Inari Amertron Berhad is competitive in its niche but possesses a less pronounced moat compared to the major market leaders. To remain competitive in the long term, Inari could benefit from diversifying its product offerings and focusing more on innovative technologies.

Revenue Growth: 8.5% (2025) Profit Growth: 7.2% (2025) Return on Equity: 15% (2025) Debt-to-Equity Ratio: 0.3 (2025)

In 2025, Inari Amertron Berhad recorded a solid revenue growth of 8.5%, attributed to strong demand for its semiconductor solutions. The company is benefiting from the ongoing expansion in the electronics and semiconductor industry, particularly driven by the increasing demand for 5G technologies and IoT devices.

The 15% return on equity indicates that Inari Amertron is efficient in utilizing its capital to generate profits. The low debt-to-equity ratio of 0.3 suggests that the company is financially stable and has a healthy balance sheet, providing it with flexibility for future investments and growth opportunities.

Overall, the financial stability and continuous growth potential of Inari Amertron Berhad support a positive long-term investment outlook. However, investors should monitor general market conditions and technological developments as they can impact future performance.

Dividend Yield: 3.5% (2025, estimated)
Dividend History: Continuous payout for several years

Inari Amertron Berhad has pursued a consistent dividend policy in recent years. The dividend yield was last around 3.5%, which can be considered attractive compared to other companies in the semiconductor industry.

The company has a solid financial position and a stable cash flow, which supports the reliability of dividend payments. Analysts expect that Inari Amertron Berhad will also be able to pay dividends in the coming years, provided that no significant market changes occur.