“My first office consisted of a chair and a small square table,” recalls Dr. Lingxiang Xu, CEO of teamtechnik China during his address at the celebration of ten years since the company was founded. In a major ceremony, employees, customers and government representatives celebrated the successful development of teamtechnik China in the new energy, automotive, and more recently also the medical devices markets.
In September 2010 the assembly and functional test systems specialist teamtechnik founded a subsidiary in China – in a market in which the risks and opportunities are closely intertwined. Within a few months a production hall and a floor of offices was ready for operation. At this time teamtechnik was a market leader for high-speed stringer systems, supplying them to solar module manufacturers all over the world, including China. A few years after successfully entering the market with its solar industry portfolio, teamtechnik restructured itself and made its name as a system manufacturer for the Chinese automotive market.