ESPOO, FINLAND -- Aspocomp Oulu Oy and the headquarter operations of Aspocomp Group reported first-quarter sales down 36.5% year-over-year. For the quarter ended March 31, net sales were €3.3 million ($4.47 million).
  
In addition to operations in Finland, Aspocomp Group has a 20% stake in the joint venture Meadville Aspocomp (BVI) Holdings Limited. In late 2008, Meadville reduced head-count in Suzhou. In March 2009, the company started to re-hire at the Suzhou plant in response to improved market demand and in anticipation of the scheduled China 3G launch in May.
Submit to FacebookSubmit to Google PlusSubmit to TwitterSubmit to LinkedInPrint Article