|Seat||Munich , Germany|
|Number of employees||24,364|
|sales||€ 1.6 billion (FY 2017/18)|
|As of March 31, 2018|
The company emerged in 1999 from the Siemens Matsushita Components joint venture founded by Siemens AG and the Japanese Matsushita Group in 1989 . EPCOS was first listed on October 15, 1999 in Frankfurt and New York at the same time, with Siemens and Matsushita each holding 12.5% of the shares initially. Apart from an interlude in the DAX (February 14, 2000 to December 22, 2002), the share was included in the Neuer Markt index Nemax 50 and its successor index, the TecDAX .
In 2006 Siemens sold its shares in EPCOS and in mid-October 2006 Matsushita also parted ways with its shares as another major shareholder. Trading on the New York Stock Exchange ceased in 2007. On October 1, 2009, EPCOS was merged with TDK's components business under the umbrella of TDK-EPC Corporation, which was founded in Japan. EPCOS 'listing on all German stock exchanges ended at the beginning of November 2009. TDK Corporation has held all shares in EPCOS AG since March 2010. EPCOS 'European sales organization was spun off together with TDK sales in Europe to TDK Europe GmbH.
At the beginning of 2016, a joint venture with Qualcomm called RF360 (RF360 Holdings Singapore PTE. Ltd.) was decided, into which EPCOS 'business with SAW components (HF filters and modules) including production has now been transferred. Qualcomm has the option of completely taking over the joint venture 30 months after commencing operations - i.e. in August 2019. In this case, the total expected transaction volume is around $ 3 billion.
On October 1, 2018, the company was renamed TDK Electronics .
The product portfolio includes a. Aluminum electrolytic and foil capacitors , ferrites and inductors , piezo and protective components (piezo ceramics , surge arresters ) as well as EMC filters and sensors.
The company has manufacturing and development sites in Europe, America and Asia. The share of employees in low-wage countries was around 88% in 2018. In 2018, TDK Electronics employed 68% more than two thirds of its employees in Asia, 20% in other European countries, 5% in Germany and 7% in America.
In Germany, the company produces in Heidenheim an der Brenz ( capacitors and inductors ) and in Berlin (sensors and arresters). Production at the headquarters in Munich ( OFW components) was transferred to the RF360 in February 2017 - a Qualcomm TDK joint venture. TDK Electronics has further plants in Brazil , Spain , India , Hungary , Austria , the Czech Republic , Italy , France , Iceland , Malaysia , Indonesia and China .
On April 27, 2018, TDK Electronics (then EPCOS) acquired a majority stake in Relyon Plasma GmbH.
The Relyon Plasma GmbH in Regensburg is a research, development and manufacturing company in the field of plasma technology. The company offers a wide range of modular components for surface pretreatment such as activation and ultra-fine cleaning as well as for disinfection , tissue stimulation and odor neutralization in the laboratory and medical sector.
- Company website TDK Europe - TDK Electronics
- EPCOS expands market presence by acquiring a majority stake in Relyon Plasma GmbH
- EPCOS AG: Consolidated Financial Statements. Retrieved December 13, 2018 .
- EPCOS leaves the stock exchange . manager magazine. October 22, 2009. Retrieved August 14, 2012.
- Investor's Business Daily: Qualcomm Deal Targets Apple Suppliers Qorvo, Avago , accessed January 29, 2016.
- Renaming: EPCOS AG changes name to TDK Electronics AG. TDK Electronics, October 1, 2018, accessed October 3, 2018 .
- TDK subsidiary EPCOS acquires majority in Relyon Plasma - TDK Europe - EPCOS. Retrieved June 15, 2018 .