Adisyn targets semiconductor growth

Grafa
Adisyn targets semiconductor growth
Adisyn targets semiconductor growth
Jon Cuthbert
Written by Jon Cuthbert
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Adisyn (ASX:AI1) has completed a comprehensive review of its financial and operational performance, including its graphene-based semiconductor subsidiary, 2D Generation, and its managed IT and cybersecurity services business, Adisyn Services.

The review highlighted significant opportunities to scale the semiconductor business through increased capital allocation.

Meanwhile, Adisyn is exploring options to unlock shareholder value from its Adisyn Services unit, which may include a sale or partnership, although no agreements have been reached.

Managing Director Blake Burton said the company aims to fully resource 2DG operations while maximising value from Adisyn Services, noting that the review has already attracted inbound interest in a potential transaction.

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