Gist – In a strategic move to enhance its product innovation and supply chain stability, MIC Electronics Limited has entered into a Memorandum of Understanding (MoU) with Chipex Technologies Private Limited to jointly develop custom semiconductor solutions, aiming to move away from standard components to co-create proprietary silicon chips that will provide greater product differentiation, improved performance, and long-term supply assurance for MIC’s product portfolio.
HYDERABAD, India – October 27, 2025 – MIC Electronics Limited (BSE: 532850, NSE: MICEL), a prominent player in the electronics manufacturing space, today announced a significant strategic move by entering into a Memorandum of Understanding (MoU) with Chipex Technologies Private Limited. Please Read Corporate Announcement from M/s. MIC Electronics Limited
The collaboration, formalized through the MoU, establishes a framework for the two companies to jointly identify, define, design, and develop custom semiconductor solutions. This partnership is strategically aligned with MIC Electronics’ product roadmap, marking a shift from using standard, off-the-shelf components to creating proprietary silicon.
Objective – The primary objective of this alliance is to leverage the combined technical expertise of MIC Electronics as the OEM (Original Equipment Manufacturer) Partner and Chipex as the Chip Development Partner. By co-creating custom chips, MIC Electronics aims to achieve enhanced product differentiation, superior system performance, and improved energy efficiency across its application domains.
A key strategic benefit highlighted in the disclosure is the pursuit of long-term supply assurance and design ownership. This move is expected to bolster the company’s sustainability and competitiveness in the global market by reducing dependency on generic component suppliers and creating unique, optimized chip architectures tailored specifically to MIC’s product portfolio.
In a regulatory filing submitted to both the BSE Limited and the National Stock Exchange of India Limited, MIC Electronics confirmed that the MoU adheres to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company clarified that Chipex Technologies is not a related party, and the agreement does not involve any shareholding or special rights like board representation or preferential share subscription.
The MoU is designed as a foundational document that outlines the guiding principles for collaboration. Specific project deliverables, commercial terms, and detailed responsibilities for each initiative will be defined in subsequent Statements of Work (SOWs).
This partnership signals MIC Electronics’ commitment to innovation and vertical integration, positioning itself to better control its supply chain and technological destiny in an increasingly competitive electronics landscape.
About MIC Electronics Limited:
MIC Electronics Limited is engaged in the business of manufacturing and developing LED Video Display Solutions, Medical Equipment, and Electronic Systems. The company’s registered office is located in Hyderabad, Telangana.
About Chipex Technologies Private Limited:
Chipex Technologies Private Limited acts as the Chip Development Partner in this collaboration, bringing its specialized expertise in semiconductor design and development to the table.
For further information, please contact:
Lakshmi Sowjanya Alla
Company Secretary & Compliance Officer
MIC Electronics Limited
Email: cs@mic.co.in
Website: www.mic.co.in
Disclaimer: Not a SEBI Registered Analyst
I am not a SEBI Registered Investment Adviser or Research Analyst. All information shared is for educational and informational purposes only and is not intended as a substitute for professional financial advice. All opinions expressed herein are based on my personal observations and research. They do not constitute a recommendation or a solicitation to buy, sell, or hold any security. Investments in the securities market are subject to market risks. The value of investments may go up or down. Past erformance is not indicative of future results.
You are solely responsible for your own investment decisions. You should conduct your own research and consult with a qualified financial advisor before making any investment based on the information provided here.
I may or may not hold positions in the securities mentioned. This is a personal blog/platform, and I have no relationship with the companies mentioned unless explicitly stated – Editor
Visit https://inworldnews.com/ for more