BAD KREUZNACH, 28 October 2008. The Schneider Group, a leading manufacturer of high-precision lenses and servo hydraulics, is expanding its position in the Chinese market with a subsidiary in Shenzhen, a city with twelve million inhabitants in the south of China. Schneider Optical Technologies (Shenzhen) Co., Ltd. is a wholly owned subsidiary of Schneider Asia Pacific Ltd. in Hong Kong. “China is on the way to becoming one of the most significant industrial locations in the world. By setting up a local presence we aim to capture a bigger chunk of this growth,” claims Dr. Josef Staub, CEO of the Schneider Group.
The Shenzhen subsidiary will give the Schneider Group better access to local companies. “Proximity is particularly important in China. Demand for our high-quality products will soar over the next few years,” Dirk Muschert, Managing Director of Schneider Asia Pacific Ltd., predicts. Sales activities will initially focus on industrial lenses used by inspection machine makers for quality assurance equipment in manufacturing companies as well as high-performance servo-hydraulic products.
The Shenzhen subsidiary will give the Schneider Group better access to local companies. “Proximity is particularly important in China. Demand for our high-quality products will soar over the next few years,” Dirk Muschert, Managing Director of Schneider Asia Pacific Ltd., predicts. Sales activities will initially focus on industrial lenses used by inspection machine makers for quality assurance equipment in manufacturing companies as well as high-performance servo-hydraulic products.
