Globetronics signs RM145M service agreement with ChipMos Technologies

Globetronics Technology Bhd entered into a three-year service agreement with ChipMos Technologies Inc worth RM145 million. Production is expected to ramp up in the second half of 2025.

“RHB Investment Bank Bhd (RHB Research) has upgraded its recommendation for Globetronics Technology Bhd from NEUTRAL to TRADING BUY after the integrated circuit (IC) provider entered into a three-year service agreement with ChipMos Technologies Inc worth RM145 million.”businesstoday.com.my

• 1 source
• businesstoday.com.myPositive Turnaround On The Horizon For Globetronics From ChipMos Partnership - BusinessTodayBusiness Today EditorialNov 22, 2024

Summarized from public sources; check the original articles before acting on it.