Change negotiations will be initiated to improve the company's profitability and competitiveness and to secure future operational capacity in a weakened market situation. The company adapts its cost structure and number of personnel to reflect the current market and demand situation.
Slower-than-expected recovery of the semiconductor cycle and high inventory levels in various parts of the value chain have slowed down the development of the company’s net sales. According to the company’s previous estimate, the semiconductor cycle is expected to swing to growth in the first half of 2024, and the industry’s long-term growth prospects are still strong. Inflation and interest rates, the risk of recession and the uncertainties posed by Russia’s war of aggression continue still to affect the operating environment of
The negotiations will start on
For further information, please contact
tel. +358 40 5011 262, mikko.montonen(at)aspocomp.com.
President and CEO
A printed circuit board (PCB) is used for electrical interconnection and as a component assembly platform in electronic devices.
Aspocomp’s customers are companies that design and manufacture telecommunication systems and equipment, automotive and industrial electronics, and systems for testing semiconductor components for security technology. The company has customers around the world and most of its net sales are generated by exports.
www.aspocomp.com
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