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DGAP-News: First Sensor Obtains IATF 16949 Certificate for the Automotive Industry

DGAP-News: First Sensor AG / Key word(s): Miscellaneous
First Sensor Obtains IATF 16949 Certificate for the Automotive Industry

08.08.2018 / 08:00
The issuer is solely responsible for the content of this announcement.


First Sensor Obtains IATF 16949 Certificate for the Automotive Industry

Sensor specialist lays foundation for further growth in Mobility target market

First Sensor AG, a developer and manufacturer of standard products and customer-specific sensor solutions in the growth market for sensor technology, has obtained IATF 16949 certificates for its two subsidiaries in Dresden and its Berlin-Oberschöneweide location, laying the foundation for further growth in the Mobility target market. This certification proves that the sensor specialist meets the high quality standards of the automotive industry when it comes to turning visions of autonomous driving and green mobility into reality.

"With our APDs for the LIDAR technology, our cameras for driver assistance systems and our pressure sensors for energy-saving vehicles, we have a highly attractive range of products for the automotive industry. With the IATF 16949 certification, we have now laid the foundation for growth with current and new customers through these products and solutions," says Dr. Dirk Rothweiler, CEO of First Sensor AG.

The IATF certificate, which is valid for three years, is used across the entire automotive industry supply chain. The goal of the IATF standard is to constantly improve quality in the management system and achieve stable and efficient quality in processes in order to increase customer satisfaction in the automotive industry. Errors and risks in the production process and supply chain should be avoided or recognized at an early stage, their causes remedied, and effective corrective and improvement measures initiated.

In 2017, First Sensor generated EUR44.5 million in the Mobility target market. This corresponds to 30 percent of the company's total sales. With the start of series production of the "Blue Next" camera range at the beginning of this year, First Sensor Mobility GmbH secured a supply agreement for an international tier-1 supplier of driver assistance systems until 2022. In the LIDAR sector, First Sensor is currently providing various companies with samples of a new generation of APDs. The LIDAR technology is a crucial element in autonomous driving. In addition, First Sensor concluded a follow-up supply agreement last year for high-pressure sensors for electro-hydraulic steering systems with a US tier-1 supplier from 2019 to 2024. The steering systems, which boast a lower fuel consumption than purely hydraulic ones, will be installed in pick-up vehicles of a global automotive group.

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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08.08.2018 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

711753  08.08.2018 

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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.

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