Aktienkurs-First-Sensor
Financial News
We provide ongoing transparent and open information on our company’s performance and strategic focus.

Corporate news

Back to corporate news

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.


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
Peter-Behrens-Str. 15
12459 Berlin
Deutschland
Contact:
Corinna Krause
E-Mail: ir@first-sensor.com
T +49 30 639923-571


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.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


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

 
End of News DGAP News Service

702957  10.07.2018 

fncls.ssp?fn=show_t_gif&application_id=702957&application_name=news&site_id=first_sensor
Company
First Sensor is one of the world's leading suppliers in the field of sensor systems. 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.

Search by specs

In a few steps quickly and conveniently to the right product.


Search by product numbers

Please search by complete product numbers, e.g. CTE7005GY4 or 501430. In order to increase the number of search results, please search by part of the product number only, e.g. CTE7.


Search by product name