Pursuant to Regulation 30 and other applicable regulations of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), MIC Electronics has informed that MIC Electronics (‘MIC’) (‘OEM Partner’) has entered a MOU (Memorandum of Understanding) with Chipex Technologies (‘Chipex’) (‘Chip Development Partner’).The Memorandum of Understanding establishes a collaborative framework between Chipex and MIC to jointly develop custom semiconductor solutions aligned with MIC’s product roadmap. Through this partnership, MIC aims to enhance product differentiation, performance, and long-term supply stability by using co-developed custom silicon instead of standard components.
The above information is a part of company’s filings submitted to BSE.
