Thursday, August 12, 2004

Semiconductor Firm MEMS Tech Listed

SEMICONDUCTOR firm MEMS Technology Bhd (MemsTech) made a strong debut on the Mesdaq Market of Bursa Malaysia Bhd on August 11, closing at a 166.1 per cent premium over its issue price in heavy volume.

MemsTech designs, develops, manufactures, tests, assembles and packages microelectro-mechanical systems (MEMS)-based products. Among its products are silicon pressure sensors, accelerometers, thermopile arrays, silicon microphones and MEMS-based memory storage devices.

These have potential uses in medical, telecommunications, consumer electronics and automotive industries.The technology has also been identified by the Government for clustering promotion.