Schweizer Electronic and Japan's Meiko Electronics make deal

Schweizer Electronic AG, a European manufacturer of printed circuit boards (PCB), has entered into strategic partnership with Meiko Electronics of Japan.

The long-term partnership comprises customer support and production as well as, in subsequent steps, share exchanges and the development of technology joint ventures.

Under the strategic partnership, Schweizer Electronic will be exclusively responsible for European printed circuit board (PCB) customers and Meiko Electronics exclusively for Asian PCB customers.

Dr Marc Schweizer, Schweizer Electronic CEO, said Meiko shares similar company values and core competencies with Schweizer Electronic. "We have the same quality guidelines and are bundling our know-how and resources in consulting and technology expertise; from prototype right up to mass production in low cost countries. Customer orientation, strength in innovation and joint developments -- those are the foundations on which both our companies are building this alliance."

Yuichiro Naya, President and representative Director, Meiko Electronics said, "Schweizer Electronic AG is a company with a history of 160 years. This means they are highly known and trusted by the market which is a clear value to us. Within this cooperation based on our technology and production together with Schweizer's established customer relationships, sales and technical support system in Europe, we aim to manufacture products that satisfy the European customers and thus contribute to our development."

Source: Schweizer Electronic AG