AMD Shares Slide Despite Earnings Beat as Cautious Revenue Outlook Weighs on Stock 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans 
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
Nintendo Shares Slide After Earnings Miss Raises Switch 2 Margin Concerns 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Instagram Outage Disrupts Thousands of U.S. Users 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
SOFIA, Bulgaria, March 14, 2017 -- Sensata Technologies, (NYSE:ST) one of the world’s leading suppliers of sensing, electrical protection, control and power management solutions, today announced the opening of its largest global testing facility in Sofia, Bulgaria.
The Testing Laboratory and Mechanization Office is now operational and employs more than 100 highly-skilled engineers and technicians in the areas of durability testing, research and development, field failure analysis and equipment development for Sensata’s automotive sensing technology. The company invested approximately $3 million in the Testing Laboratory and Mechanization Office.
“Our customers rely on Sensata to deliver proven, mission-critical sensing capabilities that help solve some of their toughest problems while meeting stringent quality and performance standards,” said Paul Chawla, Senior Vice President, Performance Sensing, Europe. “The tests implemented in our new Testing Laboratory recreate some of the harshest conditions our products may encounter in a vehicle, including extreme temperatures and environmental conditions. We are excited about this expansion and very proud of our engineering teams who help to ensure that our products meet Sensata and customer specifications and strict industry standards.”
A single automotive sensor designed by Sensata engineers undergoes over 200 functional tests in the Testing Laboratory before it moves to manufacturing to simulate the complete lifetime of a car in three months’ time.
The sensors are tested to endure temperatures from -40 to +1,200 degrees Celsius. The sensors also undergo tests for protection against moisture, dust and steam cleaning, where each sensor is exposed to high-pressure water steam reaching up to 100 degrees Celsius and pressure up to 100 bars. Other tests include chemical resistance, vibration and electromagnetic compatibility between the sensor and the vehicle.
Sensata Technologies Bulgaria currently employs more than 3,000 people. In the capital Sofia the company has its Business Center, where the new Testing Laboratory and Mechanization Office is located along with Design Engineering, Shared Services, and Customer Service departments. In Plovdiv, the company produces pressure sensors and in Botevgrad, they produce high temperature sensors, both for the automotive market.
About Sensata Technologies:
Sensata Technologies is one of the world’s leading suppliers of sensing, electrical protection, control and power management solutions with operations and business centers in thirteen countries. Sensata’s products improve safety, efficiency and comfort for millions of people every day in automotive, appliance, aircraft, industrial, military, heavy vehicle, heating, air-conditioning, data, telecommunications, recreational vehicle and marine applications. For more information, please visit Sensata’s web site at www.sensata.com.
Contact: Investors: Joshua Young (508) 236 2196 [email protected] Media: Kremena Chobanova +359 879 200 435 [email protected] Alexia Taxiarchos (508) 236 1761 [email protected]
