MiCo Financial Leverage

What does MiCo do? MiCo Ltd. generates revenue through its three business divisions. The cleaning division offers precision cleaning services for semiconductors, LEDs, and OLEDs, alongside coating services like thermal spray coating, anodizing, and super oxide coating. The component division sells electrostatic chuck (ESC), heaters, and other consumable components used in semiconductor manufacturing. The other division provides probe cards for wafer testing, blood glucose meters, and additional products. The company divested its RnC business into a wholly owned subsidiary in 2013 and sold shares in a Korea-based precision cleaning and coating company in 2013. Customers include semiconductor manufacturers, LED and OLED producers, and medical device companies requiring blood glucose meters. The cleaning services target industries needing high-precision equipment maintenance, while component sales cater to semiconductor production lines. Probe cards support wafer testing processes in semiconductor fabrication. Revenue streams are derived from service contracts for cleaning and coating, direct sales of components, and product sales of probe cards and blood glucose meters. The company focuses on B2B transactions with technology-driven industries rather than consumer markets. Divestments in 2013 streamlined operations by separating non-core RnC activities and optimizing its precision cleaning and coating portfolio. MiCo is one of the most popular companies on Eulerpool.