NOTE wins major deal in China
NOTE has signed a co-operation agreement with a major international customer, long listed on the Fortune 500 list. NOTE will manufacture a new generation of a programming module for broad industrial and educational applications. In addition to electronics production in high quantities, NOTE will be responsible for manufacturing the complete product (box build). Series production has started at NOTE's plant in China. NOTE has already secured firm orders totalling over SEK 150 million for delivery over the next 12-18 months. To satisfy high demand, a decision has been taken to expand production capacity in China with an additional advanced surface-mount assembly line. NOTE's business model is based on partnerships and long-term customer relationships. Over time, this new collaboration is expected to be complemented by several assignments to other companies in the customer's international group.
”Our business continues to develop strongly, both in Europe and in China. One success factor is our methodical focus on developing high quality and delivery reliability in our services - these are top class in our industry. It is very gratifying that we have been entrusted with winning this new business, which has every prospect of becoming our biggest in China this year. We will do our utmost to contribute to the continued success of our customers.”, says Johannes Lind-Widestam, President and CEO.
For further information, please contact:
Johannes Lind-Widestam, President and CEO, tel. 070-541 72 22
Henrik Nygren, Chief Financial Officer, tel. 070-977 06 86
About NOTE
NOTE is one of northern Europe's leading partners for electronics manufacturing. NOTE manufactures printed circuit boards (PCBA), sub-assemblies and complete products (box build). Its customer offering covers the whole product lifecycle, from design to after-sales. NOTE is established in Sweden, Finland, the UK, Estonia, Bulgaria and China. Sales in the last 12 months were SEK 3,687 million and the group has some 1,400 employees. NOTE is listed on Nasdaq Stockholm. For more information, please visit
This information is information that NOTE AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of Johannes Lind-Widestam, at 08:30 CET on 29 June 2021.