# 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.

- Type: Contract
- Announced: 2024-11-21
- Where: Penang, Malaysia
- Value: $31.0M (145.0M MYR)
- Status: announced
- Capacity: 1,000,000 optical engines per year
- Products: integrated circuit services
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Globetronics Technology](https://endata.com/companies/54597.md)
- [ChipMOS Technologies](https://endata.com/companies/19493.md) (customer)
- [POET Technologies](https://endata.com/companies/48202.md) (customer)

## Sources

- [businesstoday.com.my](https://www.businesstoday.com.my/2024/11/22/positive-turnaround-on-the-horizon-for-globetronics-from-chipmos-partnership/), 2024-11-22: "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."
- [world.harianbasis.co](https://world.harianbasis.co/globetronics-technology-crucial-turning-point), 2026-04-02: "This three-year agreement, effective from November 21, 2024, to November 20, 2027, involves Globetronics providing IC dicing, packaging, and testing services."

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