Schweizer Electronic Signs $180M USD Deal With Jintan Government

 

Via flex.iconnect007.com

Schweizer Electronic signed an investment agreement today with the government of Jintan/China (Jiangsu Province) to set up a sustainable high technology printed circuit board (PCB) and embedding production facility in China. The total investment will amount to $180 million over the next years to enable group sales to jump to up to $500 million.

Schweizer is a leading manufacturer in the field of innovative high technology PCBs focussing on e-mobility, advanced driver assistance systems and autonomous driving. These trends have become the most powerful market drivers in the company’s most important business segment automotive.

For years already has Schweizer successfully collaborated with Infineon, the market leader for power semiconductors, in the field of embedding technologies. Furthermore, the Schweizer Group has built a strong network and footprint in Asia through its Partners WUS and Meiko.

 

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