Schaeffler emphasizes leadership in innovations

Herzogenaurach, (PresseBox) - .
- Company is again in the top five in Germany
- Almost ten percent increase in patent applications

Schaeffler is once again proving its innovative force after making 1,641 patent applications in 2010. This is an increase of nearly 10 percent compared with the previous year.

According to the DPMA (German Patent and Trademark Office), 1,249 patent applications were made by Schaeffler Technologies GmbH & Co. KG and 392 by Schaeffler's product brand LuK. You will find more detailed information at www.dpma.de. This means the Schaeffler Group is ranked 4th in terms of the number of applications.

"Climate and environmental protection, reducing fuel consumption and CO2 emissions, electric mobility and lightweight designs are all challenges we have to face. This is why we will continue to work on innovations in the future and further develop our leading position. Innovative force today determines competitive advantage and it has always been an important feature that has distinguished Schaeffler in international competition", says Prof. Dr. Peter Gutzmer, President of Technical Product Development at Schaeffler.

Over 5,500 Schaeffler employees work in research and development at 40 locations across the globe. These employees develop new products, technologies, processes and procedures for solutions tailored to the market.

Our main development locations on Germany are Herzogenaurach, Schweinfurt and Bühl, which are linked with numerous further development centers in Europe, Asia and both North and South America.

In addition, Schaeffler supports science and research with initiatives such as the FAG Innovation Award, the Schaeffler Symposium, Industrial Innovation Days and an Endowed Chair at Tongji University and is thereby securing the future.

Schaeffler AG

The Schaeffler Group with its product brands INA, FAG and LuK is a leading provider of rolling bearings and linear products as well as a renowned supplier to the automotive industry of high-precision products and systems for engines, transmissions and chassis applications. The group of companies stands for global customer proximity, innovative ability and the highest possible level of quality. Sales of around €9.5 billion were generated at over 180 locations in more than 50 countries in 2010. With more than 67,500 employees worldwide, the Schaeffler Group is one of the largest German and European industrial companies in family ownership.

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