Schaffner wins multiple large-scale orders from the Automobile Industry

Schaffner achieved the largest order volume in the Group’s history with new contracts signed in the Automotive Division totalling more than CHF 55 million (~£43 million).

The new orders primarily relate to latest-generation antennas for keyless authentication systems in new model platforms of various well-known global automobile manufacturers. The order volume covers the entire duration of the new models.

Once the production lines have been set up, Schaffner expects an impact on earnings that will increase from fiscal 2020/21 year onwards.

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Schaffner – Shaping Electrical Power

The Schaffner Group is a global leader in solutions that ensure the efficient and reliable operation of power electronic systems by shaping electrical power. The company’s portfolio includes EMC filters,

power magnetic components, power quality filters and the related services. For the automotive industry, Schaffner develops and manufactures antennas used in keyless entry systems for cars, and filters for hybrid and electric vehicles and their charging infrastructure. Schaffner components are deployed in electronic motor controls, in wind power and photovoltaic systems, rail technology applications, machine tools and robots, electrical infrastructure, and in power supplies for electronic devices. Headquartered in Switzerland, Schaffner serves its customers globally through its engineering and manufacturing centers in Asia, Europe and North America.