OTCM
MICLF
Market cap5.79bUSD
, Last price
USD
Name
Mycronic AB (publ)
Chart & performance
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Profile
Mycronic AB (publ), based in Täby, Sweden, is a global entity dedicated to the creation, production, and sale of advanced manufacturing machinery for the electronics sector. The company operates extensively across Sweden, wider Europe, North and South America, and significant parts of Asia, including China and South Korea. Its comprehensive business is divided into four main divisions: Pattern Generators, High Flex, High Volume, and Global Technologies. The Pattern Generators division specializes in developing and manufacturing high-precision mask writers and measurement devices. These instruments are essential for producing sophisticated photomasks, which are critical components for screens found in televisions, cars, mobile phones, tablets, and computers, as well as for semiconductor fabrication. Within the High Flex segment, Mycronic provides surface mount technology (SMT) and inspection systems engineered for the assembly of flexible printed circuit boards (PCBs). Its offerings include the MYPro Line, which integrates cutting-edge jet printing, dispensing, pick-and-place capabilities, advanced process control, and 3D inspection. This segment also delivers MYTower material handling systems and MYSmart dispensing and coating solutions. The High Volume division focuses on delivering equipment for dispensing and conformal coating of circuit boards for mass production. These systems are utilized by manufacturers of mobile phones, tablets, computers, and electronic systems for electric vehicles. Additionally, this segment supplies automated screen printers. The Global Technologies segment offers specialized services like die-bonding for microelectronics and optoelectronic applications. It also provides advanced electrical measurement solutions for bare board PCBs and substrates, including flying probe test systems for complex, lower-to-mid volume boards, and grid test systems for high-volume bare board verification. Mycronic's products reach customers worldwide via a network of agents and distributors, serving a diverse range of industries such as industrial, aerospace, defense, automotive, energy, medical, and telecommunications. The company rebranded from Micronic Mydata AB (publ) to Mycronic AB (publ) in June 2014.
Key people
Chairman of the Board · since 2012
President, Chief Executive Officer · since 2019
Lena Bavegard
Senior Vice President - Global Functions · since 2019
Pierre Brorsson
Chief Financial Officer, Senior Vice President - Corporate Development · since 2021
Clemens Jargon
Senior Vice President - High Flex · since 2015
Magnus Marthinsson
Senior Vice President - Global Technologies · since 2023
Senior Vice President - Pattern Generators · since 2022
Johanna Jarl
Senior Vice President of People and Culture · since 2023
Joergen Lundberg
Director, Employee Representative of Akademikerna · since 2019
Sahar Raouf
Director, Employee Representative of Unionen · since 2022
Arun Bansal
Independent Director · since 2020
Independent Director · since 2018
Independent Director · since 2010
Independent Director · since 2019
Jens Hinrichsen
Independent Director · since 2024
Bo Risberg
Independent Director · since 2022
Headquarters & legal address
Box 3141
Täby, AB 183 03
SE
Täby, AB 183 03
SE
Address
Box 3141
Taby, AB 183 03
SE
Taby, AB 183 03
SE
Previous name
Micronic Laser Systems AB (publ.)
Previous name
Micronic Mydata AB (publ)
Valuation
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