Schaffner CEO: Local sourcing, high-tech production

Editor's note: Alexander Hagemann, CEO of Schaffner, the international developer and producer of components for electronic systems, talks about the potential of China.

Hagemann has always maintained that if he could match his products and growth strategy to the demand in China, he would find the perfect fit.

The company's strong first half of its fiscal year has proven him right. The results considerably exceeded previous years and the success can be attributed to strong product innovation, expansion of its sales operations in the Asia-Pacific region and more importantly, to Schaffner's growth in China.