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Trio-Tech Secures $4.7 Million Automotive Semiconductor Burn-In Contract; Shares Rise

Trio-Tech Secures $4.7 Million Automotive Semiconductor Burn-In Contract; Shares Rise

MT newswireMT newswire2026/09/17 16:36
12:36 PM EDT, 09/17/2026 (MT Newswires) -- Trio-Tech International (TRT) shares rose more than 14% on Thursday after the company said it secured a three-year production burn-in contract from a new automotive semiconductor client across Europe and North America. The contract requires minimum billings of $4.7 million, with the potential to rise to $6 million, the company said. Under the deal, Trio-Tech will provide production burn-in services for an automotive semiconductor product supporting a major electric vehicle application, according to a statement. Price: 11.46, Change: +1.37, Percent Change: +13.58
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