News
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.
Press Releases
- Naprotek Appoints James Eisenhaure as Chief Financial Officer
- Naprotek Appoints James Eisenhaure as Chief Financial Officer
- ViTrox Announces Strategic Partnership with Maxim SMT to Strengthen Presence in India
- Incap UK achieves JOSCAR Zero accreditation – Strengthens its position in the defence and aerospace sector