20/10/2003 | 08:00 CEST | Company announcement
The Phonak Group is pleased to announce that it has successfully established a new manufacturing facility in Suzhou, China.
The company, incorporated as Unitron Hearing (Suzhou) Co. Ltd., shipped its first finished products on September 30, 2003, in line with its planned target of October 1st. The Chinese manufacturing facility is an important factor in the Group’s strategy of substantially reducing product cost and improving gross margin. The facility will also provide a platform for the Group to expand its sales into China and South-East Asia.