It's Only Common Sense: Leveraging AI in Your Sales Strategy
Dan’s Biz Bookshelf: 'Hidden Potential: The Science of Achieving Greater Things'
Trouble in Your Tank: Minimizing Small-via Defects for High-reliability PCBs
Schweizer Electronic Reports Significant Positive Growth for 2021
June 28, 2021 | Schweizer Electronic AGEstimated reading time: 1 minute
This year's Annual General Meeting of Schweizer Electronic AG was once again held digitally due to the coronavirus. In total, 71 percent of the registered share capital of Schweizer Electronic AG was represented.
Financial year 2020 / outlook
In their speeches, CEO Nicolas Schweizer and CFO Marc Bunz looked back on a challenging 2020. In addition to the coronavirus-related economic downturn, the transformation within the largest customer segment "Automotive" and the implementation of a comprehensive cost reduction programme at the Schramberg site, SCHWEIZER was able to accomplish the start-up of the new high-tech plant in China.
Chairman of the Executive Board Nicolas Schweizer looked to the future and underlined the Group's growth and globalisation strategy that has already been adopted. With more than 1,000 employees, two high-tech plants, a strong partner network and an innovative product portfolio, the Group is very well positioned for current and future topics, such as the change in mobility and the technological challenges to achieve climate goals.
Nicolas Schweizer also reported on the establishment of a new sales company in the USA and emphasised SCHWEIZER's increasingly global position as a basis for growth opportunities.
CFO Marc Bunz also reported in detail on the Group's development in the first quarter of 2021. In addition to a recovery of the order and sales situation to pre-crisis levels, the main points in the first quarter were the burden on the income situation due to the planned start-up losses of the new plant in China and the successful turnaround at the Schramberg site.
The Executive Board conveyed special thanks to those employees whose commitment and flexibility have contributed to the stability of the company.
Agreement on all agenda items
The Annual General Meeting expressed its trust in both the members of the Executive Board and the Supervisory Board for the 2020 financial year. In addition, Dr Stefan Krauss newly elected to the Supervisory Board by the Annual General Meeting. The shareholders also agreed on all other agenda items by clear majority.
Share on:
Testimonial
"Advertising in PCB007 Magazine has been a great way to showcase our bare board testers to the right audience. The I-Connect007 team makes the process smooth and professional. We’re proud to be featured in such a trusted publication."
Klaus Koziol - atgSuggested Items
I-Connect007 Editor’s Choice: Five Must-Reads for the Week
08/29/2025 | Nolan Johnson, I-Connect007This week, we bring you Global Electronics Association’s Chris Mitchell’s government relations column on—you guessed it—trade deals. TTM is balancing its facilities between East and West. The Global Electronics Association released July numbers for North American PCB shipments, and the news is good. Meanwhile, the corresponding report for EMS might seem like bad news, but that’s misleading. Be sure to look deeper for the rest of the story. Finally, for a bit space-science palate cleansing, I’m sharing news of the latest launch of NASA’s X-37B.
ICZOOM Launches PCB & SMT Services to Strengthen One-Stop Electronics Industry Solution at IIC Shenzhen 2025
08/28/2025 | PRNewswireICZOOM Group Inc., a B2B electronic component products e-commerce platform, successfully exhibited at the 2025 International Integrated Circuit & Component Exhibition and Conference (IIC Shenzhen 2025) held from August 26 to 28 at the Shenzhen Convention & Exhibition Center in Futian District.
AT&S Fuels Future Innovation with 'Young Wilds' Program
08/28/2025 | AT&SToday’s ideas are tomorrow’s innovations: Following a successful debut in the financial year 2024/25, the “Young Wilds” program offers ambitious young professionals at AT&S the opportunity to take on responsibility and accelerate their personal and professional growth.
North American PCB Industry Shipments Up 20.7 Percent in July
08/27/2025 | Global Electronics AssociationThe Global Electronics Association announced today the July 2025 findings from its North American Printed Circuit Board (PCB) Statistical Program. The book-to-bill ratio stands at 1.00. Total North American PCB shipments in July 2025 were up 20.7% compared to the same month last year.
Mastering PCB Floor Planning
08/28/2025 | Stephen V. Chavez, Siemens EDAPlacement of PCB components is far more than just fitting components onto a board. It’s a strategic and critical foundational step, often called “floor planning,” that profoundly impacts the board’s performance, reliability, manufacturability, and cost. Floor planning ties into the solvability perspective, with performance and manufacturability being the other two competing perspectives for addressing and achieving success in PCB design.