OULU, FINLAND – Scanfil has revised its projected 2023 turnover for 2023 to €880–940 million ($968 million to $1.03 billion), up from its previous estimate of €820–890 million ($902-979 million) for the year.

IRVINE, CA – Medical manufacturing company Ocutrx Technologies has announced the acquisition of Spectrum Advanced Manufacturing Technologies, a Colorado-based electronics manufacturing and assembly company.

NEEDHAM, MA – Weak demand, excess inventory, and a worsening macroeconomic climate were all contributing factors for the precipitous drop in shipments of traditional PCs during the first quarter of 2023, according to preliminary results from the International Data Corporation Worldwide Quarterly Personal Computing Device Tracker. Global shipments numbered 56.9 million, marking a contraction of 29% compared to the same quarter in 2022.

TAIPEI – Foxconn is planning to invest T$25 billion ($820 million) in the next three years in new manufacturing facilities in southern Taiwan to support its electric vehicle ambitions, the company said on Sunday.