OTCM
MYCRY
Market cap6.75bUSD
, 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
Anders Lindqvist
President, Chief Executive Officer · since 2019
Niklas Edling
Deputy Chief Executive Officer, Senior Vice President - Corporate Development · since 2020
Senior Vice President, Business Area Pattern Generators · since 2017
Thomas Stetter
Senior Vice President, Business Area Assembly Solutions · since 2017
Anette Mullis
Senior Vice President, Human Resources · since 2018
Jorgen Lundberg
Director, Employee Representative · since 2019
Chairman of the Board · since 2012
Independent Director · since 2018
Independent Director · since 2010
Independent Director · since 2019
Independent Director · since 2012
Robert Larsson
Independent Director · since 2018
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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