Mi Technovation, a leader in die-sorting equipment and solder ball materials, is transforming into a diversified semiconductor technology group across four pillars: equipment, materials, semiconductor devices (SiC MOSFETs) and electric powertrains. Its Accurus materials unit has driven strong recurring revenue, while ambitious R&D into SiC chips and powertrains is driving heavy upfront investment and short-term losses. Management targets selective commercialisation, regional expansion (including an SMBU listing in Singapore and a new Johor plant) and long-term high-margin growth—aiming for major revenue gains by 2029–2038 amid continued AI-driven demand.
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