Schramberg, April 28, 2014 – WUS Printed Circuits Co., Ltd., Kunshan/China and Schweizer Electronic AG, Schramberg/Germany, concluded an exclusive long-term agreement on the cooperation for the production of High Frequency Printed Circuit Boards (HF PCBs) for the global automotive and industrial market.
Due to the increasing global demand for specific base materials and hybrid
assemblies, the market for HF PCBs is growing at a fast pace, urging industry players to join forces in order to provide their customer with the desired quantities. HF PCBs are required for applications such as adaptive cruise control and lane change assistance, thus enabling autonomous driving in the future.
Thanks to their longstanding engagement in the telecommunications segment, WUS
has a profound technological platform and the appropriate resources to enter this partnership. Furthermore, the company has a proven track record of more than 40 years’ in the PCB market.
With a global market share of around 30% SCHWEIZER is one of the market leaders in the segment of automotive HF PCBs. By partnering up with WUS, SCHWEIZER is able to refer to extended production capacities in order to expand its market position.
Customers will benefit from their established and successful interfaces with SCHWEIZER and a targeted and quick technology transfer from Schramberg to Kunshan securing a second source in case of supply shortages. Furthermore, a continuous know-how transfer from Germany to China will ensure extended delivery capacities for next generation products as well.
“Maintaining a sound and healthy growth of SCHWEIZER, which is based on a long and successful business history of 165 years with long-term partnerships, is one of our obligations towards all our stakeholders. Timing remains critical for success. Thanks to our additional partnership with WUS, our customers will have access to further HF production capacities in Asia, while we continue our joint venture Meiko Schweizer Electronics and ramp up our production capacities in Vietnam. With the expertise and process know-how of our partner MEIKO and the supplementary profound platform and resources of WUS, we have a sound and reliable production setup in Asia and are well prepared to meet the requirements of our customers. I am convinced that this will strengthen our value proposition and that it will be to the benefit of our customer as well as the three companies.” says Dr. Marc Schweizer, CEO Schweizer Electronic AG.
And Chris WUS, Managing Director of WUS Printed Circuits Co., Ltd., adds:” This is a win-win solution for both companies as well as for our customers in order to face our common challenges. We are very happy to enter this partnership with SCHWEIZER and to contribute with our technical platform and our resources to expanding the international business activities of SCHWEIZER’s partner network.”
For further information please contact:
Christina Blake
Media & Communications
Schweizer Electronic AG
Einsteinstraße 10
78713 Schramberg / Germany
Phone: +49 7422 512 – 213
Fax: +49 7422 512 – 777 213
E-Mail: communications@schweizer.ag
Please visit our website: www.morethanPCBs.com
WUS Printed Ciruit (Kunshan) Co. LTD
55 Heilongjiang N Rd
Kunshan, Jiangsu, China
Phone: +86 512 5735 6148
Fax: +86 512 5735 6030
E-Mail: fin30@wuspc.com
Website: http://www.wuscn.com