Knocking Down the Bone Pile: Revamp Your Components with BGA Reballing
Global Sourcing Spotlight: Balancing Speed and Flexibility Without Sacrificing Control
SMT Perspectives & Prospects: Artificial Intelligence Part 6: Data Module 1
Management Change at Mycronic
March 19, 2024 | MycronicEstimated reading time: 1 minute
As a result of the preparations ahead of a possible listing of Axxon on a stock exchange in China, effective March 19, 2024, Ivan Li leaves Mycronic’s executive management but remains as Head of Axxon, the core of Mycronic´s High Volume division.
Mycronic AB has previously announced that the Board has decided to investigate the possibility of listing Axxon, the core of the High Volume division, on a stock exchange in China and floating a minority stake. Through this, Axxon would further strengthen its brand and market leadership position. By being more independent and having the means for fast expansion, the best possible conditions for Axxon are created to realize its success and full potential. However, the regulations stipulate that in such a situation, Ivan Li cannot be a member of Mycronic’s executive management.
“Although the Board of Directors of Mycronic has not yet made a formal decision to list Axxon, we choose to already now carry through this organizational change, as this will enable more options for the future. Axxon will be governed by a Board of Directors, which I will chair. High Volume will otherwise remain as a division and a reported segment in Mycronic.”, says Anders Lindqvist, Mycronic’s President and CEO.
Share on:
Testimonial
"Advertising in PCB007 Magazine has been a great way to showcase our bare board testers to the right audience. The I-Connect007 team makes the process smooth and professional. We’re proud to be featured in such a trusted publication."
Klaus Koziol - atgSuggested Items
Axxon-Mycronic’s MYSmart MYC50 Wins 2025 Mexico Technology Award
09/19/2025 | Axxon-MycronicAxxon-Mycronic, a leading, global supplier of innovative and production-ready, dispensing and conformal coating systems, proudly announces that its MYSmart™ MYC50™ Inline Conformal Coating System has been honored with the 2025 Mexico Technology Award in the Conformal Coating Equipment category.
Axxon-Mycronic to Showcase Advanced Coating, Dispensing, and Backend Solutions at SMTA Guadalajara 2025
08/21/2025 | Axxon-MycronicAxxon-Mycronic, a leading, global supplier of innovative and production-ready, dispensing and conformal coating systems, to announce its participation at the 2025 SMTA Guadalajara EXPO, taking place September 17-18, 2025 at the Guadalajara Expo & Tech Forum.
Axxon-Mycronic Brings High-Performance Conformal Coating to productronica India 2025
08/20/2025 | Axxon-MycronicAxxon-Mycronic, a leading, global supplier of innovative and production-ready, dispensing and conformal coating systems, is pleased to announce its participation in productronica India 2025, taking place September 17–19 at the Bangalore International Exhibition Centre (BIEC).
Axxon-Mycronic Enhances Conformal Coating Quality with New Inline AOI and Thickness Measurement Technology
06/03/2025 | Axxon-MycronicAxxon-Mycronic, a leading, global supplier of innovative and production-ready, dispensing and conformal coating systems, announced a breakthrough in automated optical inspection (AOI) technology for conformal coating with the introduction of its Modus inline conformal coating AOI system—CCAOI.
Axxon-Mycronic Showcases Precision Protection Technologies for Extreme Environments at Space Tech Expo
06/02/2025 | Axxon-MycronicAxxon-Mycronic, a leading, global supplier of innovative and production-ready, dispensing and conformal coating systems, is pleased to announce its participation at the Space Tech Expo USA 2025, taking place June 3-4, 2025 at the Long Beach Convention Center in Long Beach, California. Axxon-Mycronic will be exhibiting in Booth #552.