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MIC Electronics Limited signed a Memorandum of Understanding with Neo Semi SG Pte. Ltd. to enter the semiconductor, AI-driven energy, and sustainable electronics sectors. MIC also received in-principle approval to acquire equity shares in Neo Semi SG, subject to due diligence and regulatory approvals.
“MIC Electronics Limited, a well-established player in railway electronics and smart infrastructure, has announced a strategic foray into the semiconductor, artificial intelligence (AI), and energy sectors.”bisinfotech.com
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