Product Development Engineer Salary at Mi Technovation Berhad BETA

How much does a Mi Technovation Berhad Product Development Engineer make?

As of March 2025, the average annual salary for a Product Development Engineer at Mi Technovation Berhad is $98,999, which translates to approximately $48 per hour. Salaries for Product Development Engineer at Mi Technovation Berhad typically range from $88,795 to $104,316, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Mi Technovation Berhad Overview

Website:
mi-eq.com
Size:
25 - 50 Employees
Revenue:
$5M - $10M
Industry:
MFG Durable

Our Company was incorporated in Malaysia under the Act on 19 June 2017 as a private limited company under the name of Mi Equipment Holdings Sdn Bhd. Our Company was incorporated for the purpose of being an investment holding company and listing vehicle for our Group pursuant to our Listing. On 6 July 2017 and 2 August 2017, we entered into share sales agreement to acquire 100% equity interest in Mi Equipment (M) Sdn Bhd and Mi International Pte Ltd respectively. The acquisitions were completed on 6 July 2017 and 2 August 2017 respectively. Consequentially, Mi Equipment (M) Sdn Bhd and Mi International Pte Ltd became wholly-owned subsidiaries of Mi Equipment Holdings Sdn Bhd. Subsequently, on 23 August 2017, our Company was converted into a public limited company and since then, assumed our current name, Mi Equipment Holdings Berhad. On 27 Dec 2018, the Company has change it's name, known as Mi Technovation Berhad. Our Company's principal activity is investment holding, whilst our Group is principally involved in the design, development, manufacture and sale of WLCSP sorting machines with inspection and testing capabilities for the semiconductor industry. We are also involved in the provision of maintenance services and technical support for these machines, as well as the sale of related spare parts and components. Our machines are developed in-house with the capability and expertise of our development engineering team. The experience and technical expertise of our team has enabled our Group to develop products that meet the requirements of both our local and international customers.

See similar companies related to Mi Technovation Berhad

What Skills Does a person Need at Mi Technovation Berhad?

At Mi Technovation Berhad, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Problem Solving: Analyzing and identifying the root cause of problems and applying critical thinking skills to solve problems.
  2. Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.
  3. ISO: The International Organization for Standardization is an international standard development organization composed of representatives from the national standards organizations of member countries.
  4. Supply chain: A supply chain encompasses everything from the delivery of source materials from the supplier to the manufacturer through to its eventual delivery to the end user.
  5. Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.

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Check more jobs information at Mi Technovation Berhad

Job Title Average Mi Technovation Berhad Salary Hourly Rate
2 Senior Service Engineer $75,646 $36
3 Specialist Engineer $96,800 $47
4 Web Programmer $82,982 $40
5 Accountant $81,478 $39
6 Assistant Manager $92,318 $44
7 Chief Operating Officer $445,977 $214
8 Director, Finance $179,081 $86
9 Field Services Engineer $92,960 $45
10 Human Resources $69,187 $33
11 IT Executive $299,226 $144
12 Manager, Product Application $113,621 $55
13 Mechanical Design Engineer II $84,868 $41

Hourly Pay at Mi Technovation Berhad

The average hourly pay at Mi Technovation Berhad for a Product Development Engineer is $48 per hour. The location, department, and job description all have an impact on the typical compensation for Mi Technovation Berhad positions. The pay range and total remuneration for the job title are shown in the table below. Mi Technovation Berhad may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $98,999 look to you?

FAQ about Salary and Jobs at Mi Technovation Berhad

1. How much does Mi Technovation Berhad pay per hour?
The average hourly pay is $48. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Mi Technovation Berhad?
According to the data, the highest approximate salary is about $104,316 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Mi Technovation Berhad?
According to the data, the lowest estimated salary is about $88,795 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.