DGAP-News: Schweizer Electronic AG: SCHWEIZER signs Distribution Agreement with Nagase for Japan
DGAP-News: Schweizer Electronic AG
/ Key word(s): Miscellaneous
SCHWEIZER signs Distribution Agreement with Nagase for Japan "We are delighted to expand our sales network now also to Japan. With Nagase we found a very well established partner of the local electronics industry. With the radical changes of the automotive and other industries ahead of us it supports our strategy to address customers in the huge Japanese market with our leading edge power and sensor PCB solutions. We are convinced that Nagase will be able to significantly contribute to reaching our goal of annual revenues of 400 million Euros by 2025." said Dr Rolf Merte, CEO from Schweizer Electronic. "Alongside this agreement also our long-term partner Meiko Electronics Co., Ltd. plans to offer 48V p² Pack (Power MOSFET Embedding) solutions produced by SCHWEIZER to its Japanese customers. Koichi Kawahito, Manager of the Advanced Mobility Division from Nagase further commented: "We are honored to introduce SCHWEIZER's cutting edge PCB solutions to our customers. I am convinced that SCHWEIZER's solutions are able to bring an innovative break-through for all players who seek new solutions for the Electrification of the Powertrain, Autonomous Driving and Connected Cars in Automotive and in addition also for Aerospace, Avionics and various mobility applications." The Germany-based PCB manufacturer is currently building a highly automated factory in Jintan (Jiangsu Province), PR China, for high-tech PCBs and Embedded PCB technologies like p² Pack(R). Mass production will launch in 2020. The significant capacity expansion will allow SCHWEIZER to serve more customers world-wide with its advanced solutions.
Christian Roessle
08.01.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Schweizer Electronic AG |
Einsteinstraße 10 | |
78713 Schramberg | |
Germany | |
Phone: | 07422-512-301 |
Fax: | 07422-512-397 |
E-mail: | [email protected] |
Internet: | www.schweizer.ag |
ISIN: | DE0005156236 |
WKN: | 515623 |
Listed: | Regulated Market in Berlin, Dusseldorf, Frankfurt (General Standard), Stuttgart; Regulated Unofficial Market in Tradegate Exchange |
EQS News ID: | 949059 |
End of News | DGAP News Service |
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949059 08.01.2020