10.07.2018
First Sensor AG DE0007201907
DGAP-News: First Sensor expands collaboration with Chinese process automation company
DGAP-News: First Sensor AG / Key word(s): Miscellaneous
First Sensor expands collaboration with Chinese process automation company
10.07.2018 / 08:00
The issuer is solely responsible for the content of this announcement.
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Corporate News, July 10, 2018
First Sensor expands collaboration with Chinese process automation company
On the occasion of the German-Chinese governmental consultations, First
Sensor AG, a developer and manufacturer of standard products and
customer-specific sensor solutions, has signed an extension to its contract
with a leading Chinese process automation company for the development and
production of customer-specific pressure sensor components.
"The order from this key customer supplements a supply agreement for
standard sensors that has been in place since 2012," explains CEO Dr. Dirk
Rothweiler. "The aim is to achieve total annual sales of several million
euro per year in the medium term."
The Chinese industrial company uses the pressure sensor components of the
K-series from the Berlin-based sensor specialist in high-precision pressure
transmitters, which regulate flow rates in pipelines in the chemicals
industry, for example. The supply of standard sensors with double-digit
growth rates has created a demand for a customer-specific solution that
enables even better stability and measuring quality in pressure
transmitters.
Over the last four years, First Sensor has achieved average sales growth of
around 9% in Asia. Thus, China is the largest sales market. The most
important application fields are industrial process control and length
measurement.
About First Sensor AG
In the growth market of sensor systems, First Sensor develops and produces
standard products and customer-specific solutions for the ever-increasing
number of applications in the industrial, medical, and mobility target
markets. Based on innovative technology platforms, we develop products such
as chips, components, sensors, and entire sensor systems. Trends such as
Industry 4.0, autonomous driving, and the miniaturization of medical
technology will drive our growth extremely rapidly in the future. First
Sensor was founded in Berlin in 1991 and has been listed on the Frankfurt
Stock Exchange (SIS) since 1999 [Prime Standard Ι WKN: 720190 Ι ISIN:
DE0007201907 Ι SIS]. For more details on First Sensor, please visit
www.first-sensor.com.
Disclaimer
Statements in this Corporate News relating to future developments are based
on a prudent estimate of future events. Actual events may deviate from
planned events, as they depend on a large number of market and economic
factors, some of which are outside of the company's control.
Printable images
For printable images please visit
https://www.first-sensor.com/en/company/press/picture-archive. First Sensor
AG owns the rights to the images. Please make reference to this when using
the material.
First Sensor AG Contact:
Peter-Behrens-Str. 15 Corinna Krause
12459 Berlin E-Mail: [email protected]
Deutschland T +49 30 639923-571
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10.07.2018 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Language: English
Company: First Sensor AG
Peter-Behrens-Straße 15
12459 Berlin
Germany
Phone: +49 (0)30 63 99 23-760
Fax: +49 (0)30 63 99 23-719
E-mail: [email protected]
Internet: www.first-sensor.com
ISIN: DE0007201907
WKN: 720190
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart, Tradegate Exchange
End of News DGAP News Service
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