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FREUDENSTADT -- Schmid Group reported preliminary second-quarter revenue of $32 million on equipment order intake of approximately $35 million, citing continued improvement in demand across the electronics industry.

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STOCKHOLM -- NOTE reported record second-quarter revenue of approximately $123 million, up 20% year over year, driven by acquisitions and continued strength in its security and defence and Industrial businesses.

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BOSTON -- Global smartphone shipments declined 6% year-over-year to 277 million units in the second quarter, according to IDC, as soaring memory costs continued to pressure lower-priced devices while premium brands expanded their market share.

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