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What innovation skills should university education provide?
Tord Karlin, Director Technology Development
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Broadened assembly equipment offering through acquistions
Mycronic’s Assembly Solutions
• Jet printing & dispensing • Pick-and-place assembly equipment • Component storage systems
• Broad range of dispensing and coating systems
• Camera module assembly equipment
3
Indispensable for the display industry
Mycronic’s Pattern Generator solutions
• FPS series
Display Multi-purpose Value Added Products
• Prexision mask writer & metrology series • Upgrades and modifications
4
Mycronic in short
40 years of experience in
innovation
50 Mycronic is represented
in more than 50 countries
450 patents proves the
power of innovation. 26 patent added 2016.
2,500 customers use
production equipment from Mycronic
98% of consolidated net sales are exports
900 employees in ten
countries
2016 in short
5
Record-high demand
• Record-high order intake and net sales
Record-high operating profit
• Operating profit increased 28%
• EBIT margin reached 30%
Strategic acquisitions
• Three acquisitions for continued growth
Net sales SEK 2,319 million Order intake SEK 2,455 million EBIT SEK 691 million
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Our core values guide us
Passion for Business
Passion for People
Passion for Technology
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Competence is a key factor
Power of innovation
Engineering partner
Mycronic Täby
Royotech
Axxon
Mycronic owned Partner
SW engineering partner AEI
Distributed global R&D
Extensive relations with academia and education Member of several international and national organizations
Diversity in workforce
Mycronic Proprietary and Confidential 8
The power of academia
People with skills
New knowledge
Mycronic Proprietary and Confidential 9
What innovation facilitating skills would I like to see more of?
Innovation and Education
•Teach students about…
•…innovation types and useful tools
•…knowledge visualization
•…modeling
•…set based development
Mycronic Proprietary and Confidential 10
Mycronic Proprietary and Confidential 12
Different types of innovation…
• Incremental innovation • Most of the innovation in an
established company is here
• An existing technology put toward a new purpose to change basis of competition
• A culture of discovery • Well suited to be government
funded since hard for a company to fully appropriate the results from the investment
• Combining deep expertise in closely related fields with just a small portion of knowledge from some unlikely place
Mycronic Proprietary and Confidential 13
…are stimulated by different tool sets
Mycronic Proprietary and Confidential 14
The power of making knowledge accessible for someone else
Knowledge access is greatly facilitated by…
…and by validated models. …visualization such as trade-off curves…
Mycronic Proprietary and Confidential 15
Mycronic Proprietary and Confidential 16
What could possibly go wrong in sustaining innovation?
Early technical decisions save time and resources !!!
Too early technical decisions kill innovation, product time to market
and profitability.
Mycronic Proprietary and Confidential 17
The power of set-based development
Zehra Canan Araci, Ahmed Al-Ashaab and Maksim Maksimovic Manufacturing Department, School of Aerospace Transport and Manufacturing, Cranfield University, UK Electronic Journal of Knowledge Management, Volume 14,I ssue 1 2016
Mycronic Proprietary and Confidential 18
What innovation facilitating skills would I like to see more of?
Innovation and Education
•Teach students about…
•…innovation types and useful tools
•…knowledge visualization
•…modeling
•…set based development
Summary
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Thank you!