Major investment in IQD FOQ GmbH by leading Asian frequency products manufacturer Hong Kong X’tals Ltd
Posted: 13th August 2012
Leading Asian frequency products manufacturer Hong Kong X’tals Ltd, part of the Kolinker Group, has acquired a 40% shareholding in IQD’s specialist OCXO manufacturing division IQD FOQ GmbH for an undisclosed sum.
IQD FOQ (previously FOQ Piezo Technik), has over 30 years’ experience in developing high precision crystals and oscillators including specialist Clock Oscillators, VCXOs, TCXOs and OCXOs. Its modern 1500m2 (16,000ft2) facility based in Bad Rappenau, Germany has a high degree of automation allowing for competitive manufacturing costs and flexible delivery lead-times. Processing of both AT- and SC-cut crystals is carried out on-site supported by a class 1000 clean room, in-house PCB design & assembly and automated test facilities.
The Kolinker Group is a world leader in frequency products test and measurement equipment. Reference customers include all major crystal manufacturers in Asia Pacific, China, USA and Europe. Established in 1989, Hong Kong X’tals owns four TS16949, ISO9001, OHSAS18001 and IS014000 certified frequency product factories in China and Hong Kong with a total annual production capacity of over 500 million units. Hong Kong X’tals Automotive division provides professional services to leading automotive electronics customers throughout North America, Europe, China and Asia Pacific. Chairman and owner Mr. Arthur Lee has presented technical papers at Piezoelectric Devices Conferences and EFTF Conferences and won the Young Industrialist Award of Hong Kong in 2003. Mr Lee is a member of the Election Committee for electing the HKSAR Chief Executive in 2012; a member of the Chinese People’s Political Consultative Conference of the Guangxi Zhuang Autonomous Region and a member of the Advisory Committee for Applied Physics at the Hong KongPolytechnicUniversity.
IQD FOQ is part of the IQD Group and IQD Frequency Products is a recognised market leader in the frequency control market. With operations in America, Asia and Europe and active customers in over 60 countries, IQD offers one of the most comprehensive frequency product ranges available, from low cost commercial grade product to that used in high reliability military and professional grade applications. Commenting upon the deal IQD Group MD Mr. Paul Fear said, “We are delighted to have Hong Kong X’tals as a partner at IQD FOQ; their significant skills and experience in many facets of electronics will add considerable value to our product development projects and manufacturing processes as well as providing a strong sales outlet for our products in Asia.”