NEEDHAM, MA – Global PC shipments grew 6.5% year-over-year in the second quarter, reaching 68.4 million units, according to preliminary data from IDC. The report signals vendors are front-loading shipments to stay ahead of looming US tariff deadlines, even as the American market shows signs of softening.
HELSINKI – Scanfil reported modest year-over-year growth in the second quarter, reinforcing its full-year guidance while pursuing expansion through acquisitions in the US and Europe.
VADODARA, GUJARAT, INDIA – Aimtron Electronics has secured approximately $12 million through the issuance of convertible warrants to fund a new electronics manufacturing facility here. The financing round, approved by the board, saw participation from promoter group members Mukesh and Nirmal Vasani and institutional investors.
NEEDHAM, MA – Global smartphone shipments grew 1.0% year-over-year in the second quarter, reaching 295.2 million units, according to preliminary data from IDC’s Worldwide Quarterly Mobile Phone Tracker. The modest uptick comes despite persistent macroeconomic uncertainty and weaker-than-expected demand in China.
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.