News
HELSINKI – Scanfil reported modest year-over-year growth in the second quarter, reinforcing its full-year guidance while pursuing expansion through acquisitions in the US and Europe.
VADODARA, GUJARAT, INDIA – Aimtron Electronics has secured approximately $12 million through the issuance of convertible warrants to fund a new electronics manufacturing facility here. The financing round, approved by the board, saw participation from promoter group members Mukesh and Nirmal Vasani and institutional investors.
NEEDHAM, MA – Global smartphone shipments grew 1.0% year-over-year in the second quarter, reaching 295.2 million units, according to preliminary data from IDC’s Worldwide Quarterly Mobile Phone Tracker. The modest uptick comes despite persistent macroeconomic uncertainty and weaker-than-expected demand in China.
