MIC Electronics jumps 12% on MoU with Top2 PTE for wafer output
MIC Electronics saw its stock jump 12% after signing a Memorandum of Understanding (MoU) with Singapore’s Top2 PTE Limited. The partnership aims to explore opportunities in semiconductor wafer production in Taiwan, targeting a monthly output of 25,000 to 30,000 wafers. This move is set to bolster MIC’s position in the semiconductor industry.