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STOCKHOLM – Note reported first quarter sales increased 6% year-over-year to SEK 502 million. Adjusted for currency effects, growth was 11%.

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MUNICH – Katek, the second-largest German electronics manufacturing services provider, is preparing an initial public offering on the Frankfurt Stock Exchange in the second quarter of this year. The company expects proceeds of approximately €80 million, which will primarily be used for organic growth and acquisitions.

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SAN DIEGO – The Electronics, Components and Technology Conference (ECTC), the international packaging conference, will again be virtual this year, running Jun. 1 through Jul. 4.

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NARSAPURA, INDIA – Wistron has downgraded the roles of its head in India, as well as its operations head there, following violence at its Narsapura plant in December, according to an unnamed government source.

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BRUSSELS – The electronics manufacturing industry accounted for €301 billion (US$360.4 billion) in production value in 2019 and directly impacted €3.8 trillion in European GDP, says IPC.

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NEEDHAM, MA – Global shipments of traditional PCs, including desktops, notebooks, and workstations, grew 55.2% year-over-year to 84 million during the first quarter, according to International Data Corp. Shipments were down 8% sequentially.

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