News
STOCKHOLM, SWEDEN – Mycronic reported strong first-quarter results, posting record net sales and earnings while raising its full-year outlook on continued demand across key segments tied to AI and advanced electronics.
ÖRNSKÖLDSVIK, SWEDEN – Kitron plans to build a new, larger production facility for its subsidiary Kitron Eltech in Örnsköldsvik, Sweden, to support expected growth tied primarily to defense programs.
HELSINKI, FINLAND – Scanfil reported strong first-quarter results, with revenue rising 19% year-over-year to €229.1 million ($248 million), driven by acquisitions and continued organic growth.
STOCKHOLM, SWEDEN – NOTE reported first quarter sales of SEK 962 million ($88 million), down 6% organically year-over-year, as cautious market conditions weighed on demand despite continued strength in defense-related business.
WASHINGTON, DC – North American EMS shipments increased 7.6% year-over-year in February, signaling steady demand growth and improving production activity across the sector.
TAIPEI, TAIWAN – Foxconn reported record revenue for June and the second quarter, driven by strong demand for AI-related products.
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