PETALING JAYA: Mi Technovation Bhd is expected to see stronger contributions from its overseas ventures this year, given the opening of a new plant in China and higher take-up of certain series of its products. The technology company has set a target of 20% sales contribution from new models such as Ai, Vi and Si series for its semiconductor equipment business unit in 2022. Separately, the group’s wholly-owned unit, Mi Equipment China, has secured maiden orders from its 22.6% associate, Talentek

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. The fourth business unit, technology intensive commercial prod