# MIC Electronics signs MoU with Neo Semi SG for semiconductor and AI energy expansion

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.

- Type: Partnership
- Announced: 2025-08-02
- Where: India
- Status: announced
- Products: semiconductor IP, AI-enabled energy logistics, circular electronics
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [MIC Electronics Limited](https://endata.com/companies/86393.md)
- [Neo Semi SG Pte. Ltd.](https://endata.com/companies/86394.md) (partner)

## Sources

- [bisinfotech.com](https://www.bisinfotech.com/mic-electronics-neo-semi-enter-semiconductor-ai-energy/), 2025-08-02: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.