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BASINGSTOKE, UK — EC Electronics, a UK EMS provider, has purchased Swan EMS.

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STOCKHOLM — Note expects to see SEK 1 billion (US $98 million) in revenue this quarter, which would mark the first time the company has met that amount in a single quarter.

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TAIPEI — Amid geopolitical tensions between China and the US, more original design manufacturers will be shifting their production operations away from mainland China, according to a report from TrendForce.

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HONG KONG — Season Group, an international electronics design and manufacturing services provider headquartered in Hong Kong with sites in China, Malaysia, Mexico, and the UK, has announced the acquisition of all assets of Pycom Ltd.

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BILLINGSTAD, NORWAY — Kitron reported that it expects to see revenues of NOK 6.7-7.3 billion (US $686-$748 million) in 2023, based on strong current demands.

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TOKYO — Global sales of total semiconductor manufacturing equipment by original equipment manufacturers are forecast to reach a new high of $108.5 billion in 2022, rising 5.9% from the previous industry record of $102.5 billion in 2021, SEMI announced in its Year-End Total Semiconductor Equipment Forecast – OEM Perspective at SEMICON Japan 2022.

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