Mi Technovation to set up two new business units

The plan was spelled out by group CEO Oh Kuang Eng at a recent analysts’ briefing post results for the second quarter (Q2) ended June 30, 2021.

PETALING JAYA: MI Technovation Bhd plans to set up two new business divisions within the next three to five years to become an end-to-end semiconductor solutions provider.

Already operating two business divisions, namely, semiconductor equipment business unit (SEBU) and semiconductor material business unit (SMBU), the group plans to establish its third business unit, semiconductor manufacturing and specific process services, by 2024.