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 .

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.

HUNGARY – Flextronics will invest €5 million in research and development at its Zalaegerszeg facility, growing its footprint in Hungary’s electronics sector. The Hungarian government will support the project with €1.7 million, Foreign Minister Péter Szijjártó confirmed during the announcement in Budapest. The U.S.-owned electronics manufacturer employs 6,000 people in Hungary, with 98% of its products destined for export markets and more than 70% sourced from Hungarian suppliers.

WASHINGTON, DC – The Semiconductor Industry Association (SIA) reported that global semiconductor sales reached $62.1 billion in July, a 20.6% increase year-over-year and a 3.6% rise month-over-month. The results, compiled by the World Semiconductor Trade Statistics (WSTS), reflect a three-month moving average.