NOTE wins new business for Swedish telecoms customer
NOTE has won a new contract for its plant in Estonia. The customer is a Swedish company active in the telecoms sector. NOTE already has an existing business with this customer through production from its plant in China. NOTE is now expanding this co-operation further by winning a deal for existing products. NOTE will manufacture products that include box build and printed circuit boards. Volume production is planned to start as early as 2023. The partnership is judged to have good potential, and is expected to add increased volumes to the customer worth some SEK 80 million within a couple of years.
”NOTE is still progressing strongly, with very high growth and good profitability. It's pleasing that we're gaining confidence and winning new business with existing customers. We're proud that this partnership is expanding, and will do our utmost to contribute to continued success.”, says Johannes Lind-Widestam, President and CEO.
For further information, please contact:
Johannes Lind-Widestam, President and CEO, tel. 070-541 72 22
Frida Frykstrand, Finance Director, tel. 070-462 09 39
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 www.note-ems.com.