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Verb: microminiaturize  ,mI-krow'mi-ni-chu,rIz
  1. To construct an extremely small-scale device, especially one used for electronic circuitry
    "Engineers worked to microminiaturize the components for the new smartphone";
    - microminiaturise [Brit]

Derived forms: microminiaturized, microminiaturizes, microminiaturizing