STOCKHOLM – Note reported sales of SEK1.051 billion ($101.6 million) for the first quarter, an increase of 28% from the previous quarter.

HELSINKI – Incap has lowered its revenue and operating profit estimates for the year after its largest customer postponed some orders from 2023 to 2024. The company now estimates that this year's revenue and operating profit will be lower than 2022.

STOCKHOLM – Note has added a second plant in Eastern Europe through the acquisition of Bulgarian electronics manufacturer ATM Electronics.

MILPITAS, CA – Worldwide sales of semiconductor manufacturing equipment rose to an all-time record of $107.6 billion last year, an increase of 5% from $102.6 billion in sales in 2021, SEMI reported.

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.

NEVADA CITY, CA – The top 50 EMS companies in the world accounted for $457 billion in revenue in 2022 – an increase of $40 billion from 2021, according to a report from Manufacturing Market Insider.

WASHINGTON – Global semiconductor industry sales totaled $39.7 billion during the month of February 2023, a decrease of 4% compared to the January 2023 total of $41.3 billion and 20.7% less than the February 2022 total of $50 billion, according to the Semiconductor Industry Association.

TAIPEI – Global notebook shipments reached 33.9 million units in the first quarter of 2023, a 13% QoQ and 39% YoY decline, according to the latest research by TrendForce.

NEEDHAM, MA – International Data Corporation has lowered its 2023 forecast for worldwide IT spending for the fifth consecutive month as technology investments continue to show the impact of a weakening economy.