MI Technovation equipment. The Vi20 is an infrared inspection system that is designed for inspecting internal structures and defects on wafer-level packaging. It provides infrared inspection solutions to detect metal layer delamination, chips and cracks.
KUALA LUMPUR: Semiconductor company MI Technovation Bhd
's net profit in the third quarter fell by 29% to RM12.32mil from RM17.41mil a year ago due to an increase in fixed costs for its new factory in Batu Kawan, Penang.
It announced on Friday the lower earnings were also also due to the payment of higher commission to external sales agent due to the change in geographical sales mix and foreign exchange (forex) loss due to the depreciation of the US dollar against the ringgit.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
