STOCKHOLM – Note reported flat sales in the second quarter while continuing to build profitability and cash flow, prompting the company to narrow its full-year sales guidance.

FINLAND & ITALY – Scanfil has announced a strategic merger with Italian-based MB Elettronica, building its position in the European EMS market. The move brings Scanfil’s global factory count to 16 across four continents and grows its workforce to over 4,500.

STOCKHOLM – Mycronic reported strong financial results for the second quarter, prompting the company to raise its full-year revenue outlook to $710 million, up from a previous forecast of $660 million – $710 million.

NORWAY – Kitron reported second-quarter results, with revenue reaching $187.2 million, driven by continued strength in the Defense & Aerospace market and growth in the Industry sector. The company also raised its full-year outlook on the back of strong momentum and newly secured contracts.

WASHINGTON – Global semiconductor sales reached $59 billion in May, a 27% year-over-year increase, according to data released today by the Semiconductor Industry Association (SIA). Sales were up 3.5% month-over-month from April’s total of $57 billion.

TAIPEI – Foxconn reported second-quarter revenue of $57 billion, a 15.8% year-over-year increase and rebounding strongly from the first quarter. The growth was fueled primarily by soaring demand for artificial intelligence hardware, with its cloud and networking division leading the charge.

THAILAND – Zollner Elektronik has finalized its full acquisition of Thailand-based Bluechips Microhouse Co. The move strengthens Zollner 's presence in Southeast Asia. Terms were not disclosed.

CZELADZ, POLAND – Compal Electronics has completed the first phase of its new automotive electronics manufacturing facility here. The plant will focus on electronic control units (ECUs), with plans to later include ADAS and autonomous driving system sensors.

NEEDHAM, MA – The global server market is on track to reach $366 billion in value this year, marking a 44.6% increase over last year, according to the latest data from IDC’s Worldwide Quarterly Server Tracker. The market saw record-breaking performance in in the first quarter, hitting $95.2 billion, a 134.1% year-over-year spike,

ASHINGTON, NORTHUMBERLAND, UK – Arian EMS has been acquired by investment group CorpAcq, with plans to create up to 30 new jobs and double the size of its operations. The Ashington-based firm, which specializes in printed circuit board assembly and testing for sectors like automotive, will continue under the leadership of founder Malcolm Humble, who retains a strategic role.

BANNOCKBURN, IL – North American electronics manufacturing services (EMS) shipments declined 9.3% year-over-year in May, according to IPC’s latest industry survey. Shipments dropped 4.2% from the previous month, with year-to-date shipments down 2.3% from the same period last year.

BANNOCKBURN, IL – North American printed circuit board (PCB) shipments jumped 21.4% year-over-year in May, according to new data from the IPC trade group. Shipments increased 7.1% month-to-month, with year-to-date sales up 7.9%.