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DGAP-News: First Sensor Qualifies Eastern European Contract Manufacturer

DGAP-News: First Sensor AG / Key word(s): Miscellaneous
First Sensor Qualifies Eastern European Contract Manufacturer

28.03.2019 / 08:00
The issuer is solely responsible for the content of this announcement.


First Sensor Qualifies Eastern European Contract Manufacturer

- Further increase in production capacities for pressure sensors planned

- Company assesses expanded collaboration with Asian production partners

Against a background of consistently high demand for powerful sensor solutions for industrial, medical and automotive applications, First Sensor AG-a developer and manufacturer of standard products and customer-specific sensor solutions in the growth market of sensor technology-is continuing to expand its production capacities, which is why the sensor specialist has qualified a well-established Eastern European electronics manufacturer as a contract manufacturer for the standard H-series pressure sensors.

"Collaboration with external production partners complements the measures we successfully initiated last year to expand capacities at our production sites. This enables us to cover the increasing demand for sensors and make our cost structures even more flexible," says Dr. Dirk Rothweiler, CEO of First Sensor AG. "This is why we are also currently assessing the expanded integration of Asian contract manufacturers in our production strategy."

As announced in the previous financial year, First Sensor has doubled its production capacities for the H-series compared with 2017. This increase was achieved not only through the qualification of the Eastern European contract manufacturer for initial customers, but also through the measures implemented at its production site in Berlin-Weißensee such as the installation of new equipment and the introduction of a new shift model. "To continue our profitable growth in the field of pressure sensor technology, we will expand our capacities further in this financial year," adds Dr. Rothweiler. The company is looking to drive forward not only the qualification of the ISO 13485 certified production partner for additional product lines, but also expand its site in Berlin-Weißensee. Plans include the expansion of calibration capacities and a range of additional process optimization measures aimed at increasing output and reducing delivery times.

The H series pressure sensors measure ultra-low pressures of dry, non-corrosive gases in various applications. With performance features such as measuring accuracy, offset stability, a wide dynamic range and internal signal processing, they are deployed in a range of demanding applications such as respiration and industrial process controls. In addition to the DACH region, its largest sales market, demand for the H series is growing above all in Asia and North America.

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 tried-and-tested technology platforms, we develop products from single chips to complex sensor systems. Trends such as Industry 4.0, autonomous driving, and the miniaturization of medical technology will drive growth extremely rapidly in the future. First Sensor was founded in Berlin in 1991 and has been listed on the Frankfurt Stock Exchange since 1999 [Prime Standard Ι WKN: 720190 Ι ISIN DE0007201907 Ι SIS]. Further information: www.first-sensor.com.

Disclaimer
Statements in this report relating to future developments are based on a prudent estimate of future events. Actual events of the company may deviate significantly 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.

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28.03.2019 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: ir@first-sensor.com
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
EQS News ID: 791073

 
End of News DGAP News Service

791073  28.03.2019 

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Company
First Sensor is one of the world's leading suppliers in the field of sensor systems and part of TE Connectivity. In the growth market of sensor systems, First Sensor develops and produces customer-specific solutions for the ever-increasing number of applications in the industrial, medical, and mobility target markets. Our goal here is to identify, meet and solve the challenges of the future with our innovative sensor solutions early on.
Investor Relations
Our investor relations activities aim at raising the international publicity of First Sensor AG and at consolidating and extending the perception of our share as an attractive growth stock. This means we keep our online communication transparent, comprehensive and continuous in order to enhance your trust in our share.
Tailored Solutions
In the growth market of sensor systems, First Sensor develops and produces customer-specific sensors, electronics, modules and complex systems for the ever-increasing number of applications in the industrial, medical, and mobility target markets. As a solution provider the company offers complete development services from a first draft and proof of concept up to the development of prototypes and finally serial production. First Sensor offers comprehensive development expertise, state-of-the-art packaging technologies and production capacities in clean rooms from ISO class 8 to 5.
Competencies
In the growth market of sensor systems, First Sensor develops and produces customer-specific sensors, electronics, modules and complex systems for the ever-increasing number of applications in the industrial, medical, and mobility target markets. As a solution provider the company offers complete development services from a first draft and proof of concept up to the development of prototypes and finally serial production. First Sensor offers comprehensive development expertise, state-of-the-art packaging technologies and production capacities in clean rooms from ISO class 8 to 5.
Career
Innovation, excellence, proximity – these are our values, our ambition, our drive. Anything less is not an option. Our sensor solutions stand for technical innovation and economic growth. As such, they form the basis for the development and application of new technologies in almost all areas of life. We aim to shape this future together with you.

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