The Management Board of Elmos Semiconductor AG (FSE: ELG), Dortmund, and the Fraunhofer Institute for Microelectronic Circuits and Systems (IMS), Duisburg, have agreed on the extension of the existing cooperation and research contract for 12 months, starting in July 2019. This is not expected to change the guidance for 2019.
You will find further explanations of the indicators used in the 2018 Annual Report for Elmos Semiconductor AG at www.elmos.com
About Elmos Semiconductor AG
Elmos develops, produces and markets semiconductors and sensors, primarily for use in the automotive industry. Our components communicate, measure, regulate and control safety, comfort, powertrain and network functions. For over 30 years, Elmos innovations have been bringing new functions to life and making mobility worldwide safer, more comfortable and more energy efficient.
Notice
This release contains forward-looking statements that are based on assumptions and estimates made by the Elmos management. Even though we assume the underlying expectations of the forward-looking statements to be realistic, we cannot guarantee the expectations will prove right. The assumptions may carry risks and uncertainties, and as a result actual events may differ materially from the forward-looking statements. Among the factors that could cause such differences are changes in general economic and business conditions, fluctuations of exchange rates and interest rates, the introduction of competing products, lack of acceptance of new products, and changes in business strategy. Elmos neither intends nor assumes any obligation to update its statements with respect to future events.
Contact
Elmos Semiconductor AG, Thalea Blunk, Heinrich-Hertz-Str. 1, 44227 Dortmund/Germany, Telephone: +49 231-7549-0, Extension: -273, Fax: +49 231-7549-111, invest@elmos.com, www.elmos.com