SCHRAMBERG, GERMANY: Schweizer Electronic AG, one of the leading manufacturers of premium PCBs as well as innovative solutions and services for automotive, solar and industry electronics, informs about first concrete steps regarding the diversification of their business strategy.
Following the foundation of the business division "Energy" in spring 2011 the company an-nounced last weekend via an ad hoc release the start of a production of photovoltaic (PV) – high efficiency modules in Asia as well as the set-up own sales channels for solar parks in China. The investment volume for the first production line amounts to $50 to $60 million.
By investing anti-cyclically, SCHWEIZER plans to participate in the expected positive development of the photovoltaic market. "We believe in the future of photovoltaic," says Dr. Marc Schweizer, CEO of Schweizer Electronic AG, the solar strategy of the company. "Just now is the right point in time to enter the solar business. With our planned production line we are excellently positioned to directly meet future demands," he explains.
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