VILNIUS, LITHUANIA – TLT has opened four new factories at its High-Tech Hill technology park, marking a milestone for European electronics manufacturing. The expansion includes a new state-of-the-art PCB plant – the first built in Europe in two decades – along with expanded facilities for electronics manufacturing, mechanical engineering and component assembly.
WASHINGTON, DC – The latest ECIA Industry Pulse survey shows a decline in August sales sentiment, with the overall index falling from 121.6 in July to 113.2 – well below the July forecast of 127.5. Despite this miss, optimism remains strong as participants project a rebound in September, with sentiment expected to rise to 130.2. Passive and electro-mechanical components led August’s results with index scores of 116.1 and 115.0, while semiconductors trailed at 108.3.
STARA ZAGORA, BULGARIA – Videoton EAS’s Bulgarian subsidiary, VEAS Bulgaria, has officially entered the automotive sector with the launch of serial production of electronic modules for lighting systems. The milestone follows a Certificate of Compliance received last December and successful validation by a leading automotive manufacturer in August .
WASHINGTON, DC – Global smartphone production reached 300 million units in the second quarter, marking a 4% quarter-over-quarter and 4.8% year-over-year increase, according to TrendForce. The rebound was fueled by seasonal demand and stronger output from brands such as Oppo and Transsion, which benefited from completing inventory adjustments.
SOUTHLAKE, TX – Variosystems has relaunched its 65,000 sq-ft facility in Southlake, Texas, expanding its North American electronics manufacturing services (EMS). The redesigned site was unveiled on September 9, in a celebration joined by Mayor Shawn McCaskill, the Southlake City Council, employees and partners.