Rosenberger expands in Hungary

Germany's Rosenberger, is expanding its Hungarien unit for high-frequency and fiber optic connectors.

The company has invested HUF 2.7 billion (roughly EUR 8.86 million) in order to expand its production capacity at its Jászárokszállás, Hungary facility, according to a report in the Budapest Business Journal. The investment will not only increase the capacity of the facility, but also create more than 50 new jobs. The project was supported with a EU and state grant of HUF 780 million (or EUR 2.56 million), the report concludes.

On the heels of its acquisition of manufacturing and IP assets from i3 Electronics Inc., TTM Technologies has announced the opening of a new engineering center in Binghamton, NY.

Seven member states will provide, in the coming years, up to EUR 3.2 billion in funding to support research and innovation in the common European priority area of batteries.

Growth is slowing worldwide and the industry’s outlook is less optimistic than in previous quarters, although it is still generally positive, according to the results of IPC’s fourth-quarter 2019 Pulse of the Electronics Industry survey.

Teradyne has hit a milestone with the 6,000th shipment of the J750 family of semiconductor testers.

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Season Group has appointed Stephen Tsao as the company's new Senior Vice President, Global Business Development.

Mr. Adam Meinert recently joined ZESTRON as the Sales Director of Europe.

Sypris Electronics LLC has been awarded a contract from Collins Aerospace in association with NASA’s Orion Spacecraft project.

NexLogic Technologies Inc. has announced its entry into assembly and manufacturing of implantable medical devices, a rapidly growing segment in the medical electronics market.

International Wire Group (IWG) has acquired New York-based Owl Wire and Cable from Marmon Holdings Inc.

ZF Friedrichshafen AG is establishing a third Chinese R&D centre in Guangzhou southern China. Representatives of ZF and the local authorities have signed an agreement and ZF plans to invest approximately EUR 90 million in the new development center.