Schaffner wins multiple large-scale orders from the Automobile Industry

In October, Schaffner achieved the largest order volume in the Group’s history with new contracts signed in the Automotive Division totalling more than CHF 55 million (~£43 million).

Marc Aeschlimann, Chief Executive Officer of Schaffner

The new orders primarily relate to latest-generation antennas for keyless authentication systems in new model platforms of various well-known global automobile manufacturers. The order volume covers the entire duration of the new models.

Once the production lines have been set up, Schaffner expects an impact on earnings that will increase from fiscal 2020/21 year onwards.

For further information, please visit www.schaffner.com or get in touch with your local Schaffner sales point or Schaffner partner for individual support.

Check Also

Wide 85-305VAC input AC-DC power supplies for embedded applications from 15W to 320W

XP Power has introduced the LCW series of regulated output cased AC-DC power supplies that …