As of now, researchers, engineers and production specialists at Leoni will be closely linked in creating the wiring system of the future – at the Innovation Industrialization Center (IIC) in the Franconian town of Kitzingen. With this think tank, the Company will be strengthening its position as an innovation partner to the automotive industry.

Leoni consequently follows its strategic objectives and sells the Business Group Industrial Solutions, which belongs to the WCS division (Wire & Cable Solutions) and represents significant parts of its industrial business, to BizLink. This marks another important milestone on Leoni’s path towards the long-term stabilisation of the company.

While the custom technical training offered by LEPS often skews toward automotive manufacturing, the company’s expertise extends beyond the realm of automobiles. While the custom technical training offered by LEPS often skews toward automotive manufacturing, the company’s expertise extends beyond the realm of automobiles.

BU Robotic Solutions expands business relations in Japan.

Leoni, global solution provider for energy and data management in the automotive and other industries, is offering a customized attachment system for the new CRX collaborative robots from Fanuc for mounting hose packages and components, thus expanding its LEONI B-Flex Cobot product line.

Leoni plans to sell the data communication and compound business units to a consortium of buyers led by current managing director.

Leoni, global solution provider for power and data management in the automotive and other industries, has developed two new cables for the industrial data transmission standard Single Pair Ethernet (SPE), which can be used in drag chain and torsion applications. This makes Leoni the first cable manufacturer in the world to bring these cables to market.

Leoni, global solution provider for energy and data management in the automotive sector and other industries is working on the DC-INDUSTRY project together with other companies from industry and four research institutes.

In view of the economic uncertainties associated with the spread of the coronavirus and the resulting challenges especially for the automotive industry, Leoni AG, Nuremberg (ISIN DE 0005408884 / WKN 540888) expects considerable burdens on sales, earnings and liquidity. The level of this impact is not foreseeable at this stage. Against the backdrop of the expected burdens, the Board of Directors today has decided on a number of measures to ensure the continuation of business operations. These include plant closures in Europe, North Africa and the Americas, the introduction of short-time work in Germany as well as comparable measures at further European locations. The implementation of these measures will significantly reduce material and personnel costs. In addition, Leoni plans to apply for financial aid to increase its financial flexibility.

Leoni, a global provider of energy and data management solutions in the automotive sector and other industries, produces sustainable 400 Gbit/s connections for data centers. With low power consumption and high performance the active cable solutions meet the challenges of growing data rates due to megatrends like ‘Big Data’, 5G, IoT and artificial intelligence. Leoni will present first Active Optical Cables (AOCs) with silicon photonics chip at the DesignCon 2020 and will demonstrate the excellent transmission characteristics of its 400 G Active Copper Cables (ACCs) live at booth #1049.