NEWS FROM THE STANDARD |
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Siemens Companies to Slash More Than 5,000 Jobs
Jul 26 2001 08:20 AM PDT
PROFILE |
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EPCOS saw the power of passives. The company is a leading producer of passive electronic components used in telecommunications, automotive, and industrial electronics. The company makes more than 40,000 products -- including capacitors, ferrites, ceramic components, and surface acoustic wave components -- to more than 15,000 customers including Nokia (15% of sales), Ericsson, and Philips. Siemens, which resells some EPCOS products and incorporates others into its own products, accounts for about 65% of sales. Siemens and Matsushita, which together founded the company in 1989 as a joint venture called Siemens Matsushita Components, each owns 13% of EPCOS.
COMPETITION |
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AVX Corporation (AVX)
KEMET Corporation (KEM)
Vishay Intertechnology, Inc. (VSH)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
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Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: September
2000 Sales (mil.): 1,637.60
1-Yr. Sales Growth: 34.4%
Employees: 13,000
Revenue per employee: $125,969.23
KEY PEOPLE |
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Klaus Ziegler
CEO
Bodo Lüttge
CFO
CONTACT INFO |
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St. Martin Strasse 53
D-81541 Munich, Germany
Phone: 49-89-636-21324
Fax: 49-89-636-21326
Online: Web Site
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