BorgWarner Inc. (NYSE: BWA) (the "Company") acknowledged that many original equipment manufacturer ("OEM") customers have announced that they have suspended or will suspend manufacturing operations, particularly in North America and Europe, on a temporary basis due to market conditions and matters associated with COVID-19/coronavirus.
AG der Dillinger Hüttenwerke (Dillinger) and Paul Wurth completed recently the modernisation of the slag granulation plant at Dillinger’s No. 4 blast furnace. Paul Wurth’s INBA granulation and dewatering technology has been operating there since its initial installation in 2003. It is a cold water system with steam condensation designed for a daily capacity of 1,600 tons of blast furnace slag sand and a maximum slag flow of up to 8 tons/min.
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.
Rohde & Schwarz is continuously extending its portfolio of test solutions for 5G base stations and the associated massive MIMO antenna arrays and amplifiers. Highlights include an OTA test solution with frontend modules specifically for the 5G FR2 range and a solution for speed-optimized tests of 5G base stations. Both are ideal for use in production. There is also a new, innovative test solution that allows developers to perform cross-channel measurements with up to 4x4 MIMO in the FR1 range.
Euchner has unveiled two new modules for its successful MGB2 Multifunctional Gate Box Modular and is presenting them for the first time at HMI. The new, small version of the MCM extension module offers space for up to six functions, which can be designed to meet individual requirements. What’s more, the new MSM submodule provides users with additional safety inputs for connecting external switches, meaning they can easily be connected to PROFINET / PROFISAFE.