NOTE receives breakthrough order in Norway
NOTE, one of the Nordic region's leading contract manufacturers of electronics, today signed a contract for the manufacture of video routers with Norwegian Network Electronics ASA. The contract is worth some SEK 50 m over the first 24 months.
"We're delighted with this breakthrough order from Norway's Network Electronics, a market-leading hi-tech company," says Erik Stenfors, NOTE's CEO. "We're working on broadening our target market, and this shows that our business model is also well received by our western neighbour."
Network Electronics is a world leader in signal processing and optical transport for the professional video industry and is in an expansion phase. "We have high quality requirements in terms of technology and delivery reliability, and we target customers with short delivery times," says Oddbjørn Bergem, CEO of Network Electronics. "That's why we set high standards when procuring EMS partners. In the selection process, NOTE has had the best target fulfilment."
Production will take place in NOTE's production unit in Lund.
For further information, please contact
Erik Stenfors, CEO of NOTE, +46 (0)176-799 01 or +46 (0)709-50 80 70
Ulf Karlsson, CEO NOTE Lund AB, +46 46 286 9251 or +46 70 279 9001
Oddbjørn Bergem, CEO Network Electronics +47 33 48 99 99