HUNGARY - A REGIONAL FIRST IN ELECTRONICS PRODUCTION

 

Source: Yearbook of World Electronics Data 2009/2010, Reed Electronics Research

 

 

• Hungary is the largest electronics producer in the CEE region providing 30 % of the regional output.
• The electronics industry is the largest industrial sector in Hungary accounting for 25 % of total manufacturing production.
• After Korea, Japan and Finland, Hungary’s electronic sector has the highest contribution to the country’s manufacturing value added.
• Production growth between 2000-2008 amounted to 80% in the electronics industry.

 

Several prestigious multinational companies have already settled down in Hungary.

 

 

 

Exploit the advantages offered by the Hungarian electronics sector!

 

• Have access to a well-qualified labour pool;
• Benefit from co-operation opportunities with academia;
• Benefit from strategic locations;
• Exploit the presence of international EMS firms;
• Profit from business synergies with local suppliers.

 

Have access to a well-qualified labour pool:  

• Two-third of workforce has completed secondary, technical or vocational education (or higher)
• Wages are significantly lower than in Western Europe and competitive in the CEE region combined with relatively high productivity rate in the region

Competitive education system

•  universities/colleges in all regions of the country offer electronics-related education in Hungary 
• courses offered and financed by the regional education centres tailored to companies’ needs

Fresh graduates’ strengths:

• Foreign-language knowledge
• Open-minded approach
• Enthusiasm, willingness to learn
• Solid academic background
• 20% with foreign experience
• 61% with professional experience

 

 

 

Click here and learn more about the Hungarian labour market... 

 

Benefit from co-operation opportunities with academia!

There is an ongoing successful co-operation between industry and academia, here are some examples.

 

• Mentor Graphics & Budapest University of Technology and Economics: operation of the second pilot microelectronics laboratory in the world
• Bosch and IBM: mutual research projects with the Budapest University of Technology and Economics
• Intel: foundation of the Intel Virtualisation and Platform Management Laboratory within the Budapest University of Technology and Economics
• National Instruments & University of Debrecen: mutual research projects
• Ericsson, Nokia, Siemens, T-Mobile, Sun Microsystems & Budapest University of Technology and Economics: research in high speed mobile and wireless communications technologies, including B3G (beyond 3rd generation), and 3G/4G .
• Knorr Bremse, Thyssen Krupp, TÜV Nord & Budapest University of Technology and Economics:  establishment of a Vehicle Control Knowledge Center
• Cadence Design System, Talentis Group, the Association of Information Technology Companies &Technical College of Budapest:
  
  • education and research laboratory to be established to focus on integrated circuit design
  • new masters program planned in the field of electronic design 

 

Click here and learn more about the R&D activity in the electronics sector...

 

Benefit from strategic locations and well-equipped technology parks!

 

• Over 200 industrial parks  with full infrastructure have been established in Hungary;
• Good transport routes to Western Europe;
• Easy access to public utilities;
• Technology parks of international quality.

 

Click here and learn more about the Hungarian Industrial Parks...

 

Exploit the presence of international EMS firms!

Hungary is the largest country for EMS revenues in the CEE region.  In 2008, Hungary’s EMS revenue accounted for 46% of the total EMS revenues of the region.

 

 

• Seven of top ten global EMS firms are present in Hungary: Foxconn, Jabil Circuit, Flextronics, Elcoteq, Sanmina-SCI, Zollner, Videoton
• The most succesful Hungarian  EMS company, VIDEOTON is ranked 9th largest EMS provider in Europe.
• Other leading EMS companies:Becom(Austria),cms electronics(Austria), Orion Electronics(Singapore), RAFI(Germany), Sanshin(Japan), Scanfil(Finland), Seidal(Austria), Selco(Austria), Solid Semecs(Holland)
• Hungarian owned Albacomp operates the largest PC and notebook  assemly plant, produces LCD TV sets, involved in system integration projects and after-sales services 

 

 

Click here to read about the most recent investment in the sector...

 

Click here and read some of our investors’ testimonials...

 

Download ITD Hungary's printed brochure about the electronics sector here!

 

For further information, please contact us.

 

Ms Eszter VARGA // Consultant

Hungarian Investment and Trade Development Agency (ITD Hungary)

H-1061 Budapest, 12 Andrássy út, HUNGARY

Phone: +36-1-473-82-05, Fax: +36-1-4728180

E-mail:

 

Investment Promotion Directorate

H-1061 Budapest, 12 Andrássy út, HUNGARY

Phone: +36-1-4728178, Fax: +36-1-4728180

E-mail:

 

Last updated: April 15th 2010