© Kitron
Electronics Production | April 28, 2011
Kitron with new manufacturing deal
Kitron AS, a subsidiary of Kitron ASA, has signed a manufacturing contract with a supplier of medical equipment.
The agreement states that Kitron AS will be - for some specific products - the sole supplier in 2011 and 2012. In this period the expected turnover linked to the contract is between NOK 350 - 400 million (EUR 45 - 51 million). Kitron already has received orders under the contract totaling to NOK 75 million.
There are possibilities for extension of the agreement after the current 2 years period.
There are possibilities for extension of the agreement after the current 2 years period.
Ad
Profound Medical starts cooperation with Scanfil
EMS provider, Scanfil, announces that it has signed an agreement with Medical...
A sharper price decline of nearly 20% is expected for 1Q19 in DRAM market
The overall price trend in the DRAM market has been stable in December, showing no...
Amphenol Invotec secures Nadcap approval for its Telford site
PCB manufacturer Amphenol Invotec, announces that its Telford site has been awarded...
Ad
Bentec finds a distribution partner in Detech Europe
Bentec Ltd is partnering with Detech Europe Ltd to sell its range of Surface Mount...
Oregon, Ireland and Israel on Intel’s Map for Manufacturing Site...
In an effort to evolve from a PC- to data-centric company and deliver solutions that process...
LG Electronics and AEye Partnering to Deliver Solutions to ADAS Market
Multinational electronics company LG Electronics (LG) and AEye, maker of artificial...
VW Expanding Chattanooga Plant for North American EV Rollout
Forging ahead with its electric-car offensive, Volkswagen has announced that the company’s Chattanooga, Tennessee plant, which began operations in 2011, will produce vehicles based on their modular electric toolkit MEB...
Swedish electric car company Nevs gets a new main owner
Chinese property conglomerate Evergrande Group has acquired 51% of the shares in Nevs AB in...
Nokia to reduce Finnish workforce by 350 employees
Finnish telecom company Nokia is reportedly getting ready to cut 350 jobs in Finland as the...
EMEA EMS industry set to exceed €35 billion by 2022
According to Reed Electronics Research’s latest analysis, revenues for the EMS industry in...
Volvo invests in wireless electric charging
Volvo Group Venture Capital AB, a subsidiary of the Volvo Group, announces that it has man an...
CEVA expands with new UK R&D centre
CEVA, Inc. is opening a new research and development facility in Bristol, United...
ALL Circuits opens new facility in Mexico
French EMS provider, ALL Circuits, is continuing its global expansion with the opening of...
SpaceX need to become leaner – laying off 10% of workforce
Aerospace manufacturer SpaceX will reportedly reduce its workforce by 10% as the...
Global smartphone production volume may decline 5% in 2019
Global smartphone production volume for 2019 is expected to be 1.41 billion units, a decrease of 3.3% compared with 2018, according to the latest report by TrendForce.
Jaguar Land Rover continues its transformation - laying off 4'500
Jaguar Land Rover has outlined the next phase of its ‘Charge and Accelerate’, the company’s ongoing transformation programme; which aims to deliver GBP 2.5 billion in cost reductions and cashflow improvements over...
Season Group enters the IoT market
Hong Kong-based Electronics Manufacturer, Season Group, announces the launch of ots...
Watch what Tesla’s assembly process for Model 3 looks like
Tesla tweeted a video of the assembly process for the car manufacturer's Model 3 to...
LC Chem invests heavily in Chinese battery manufacturing
The company says that it is planning to invest EUR 934 million (KRW 1.2 trillion) to...
DENSO opens Montréal innovation lab in Canada
DENSO says it has opened a satellite research and development (R&D) lab in...
Capitala invests in Freedom Electronics
Asset management firm, Capitala Group, says that it recently invested a combination...
Related news
Most Read
Load more news
