Does a Manufacturer Specializing in Film Capacitors Still Have Any Future at All Compared to a Broadliner?
Film capacitor technology has definitely kept up with the technical progress of recent years and will continue to do so in the future. The question can be extended beyond the product itself: Does a manufacturer who specializes mainly in Film Capacitors still have any future at all compared to a broadliner?
The answer is “yes”. The firms whose strength lies in quality and which have the healthiest economy will prove to be the most steadfast and will be able to master the future. The precondition is the successful synthesis of mass producers and high-tech niche producers which is only contradictory at first sight. In the field of film capacitors, the product specialist is superior to the component all-rounder, this has always been the case and will remain so in the future, especially as far as technical advice and design-in are concerned.
WIMA still has all its production sites in Germany and therefore within the European Union and this should definitely be considered a positive factor, contrary to certain differing, “up-to-date” ways of thinking. Development in the original central area of the western hemisphere, the USA, Europe, and Japan, is coming to a head. The thrill and euphoria of globalization, the nomadic industry, and the debate about capitalism briefly characterize the wide sphere of current feeling, thinking, and discussion
Made in Germany” is today not always even “Made in the EU” but often only “Made under German Brand”. The future can bring with it new aspects, even taking the global ideal of equality as a strict basis, the equality of all human beings as regards training, diligence, and productivity, i.e. it is irrelevant where or with whom one produces, for reasons of global competition it is only the lowest wage level that counts or proximity to the largest markets of the world.
The last 15 years have brought more surprises and radical changes than the previous 45 years of the "cold war": the fall of the Iron Curtain, the reunification of Germany, the dissolution of the Soviet Union, the opening and unprecedented rapid economic development of the People's Republic of China, stock market hype and crash, the outrageous act of terror of 11 September 2001, and a total of four wars waged in this relatively short period by the leading power of the western world, the USA.
Instead of calm and peaceful worldwide development in the political and economic sectors since 1990, there have been a host of changes, upheavals, and surprises which have either been very positive or very negative and have completely broken up the world as we had previously imagined it.
The economic future of the original western hemisphere is seen today with no qualms in regions that not only stood under the communist influence in the past but which are still communist-ruled today. One of the most recent examples of this is Vietnam. The pursuit of even lower wage levels will logically, in the long run, certainly not halt at countries like North Korea.
China has almost completed the process of absorbing Western know-how and unrestricted technical and economic upgrading by the West and will, in this respect, be able to stand on its own feet more and more. It will now noticeably demand its legitimate recognition not only as an economic but also as a political superpower of the future. Naturally, it is to be hoped and assumed that the "Chinese Dragon", the symbol of the re-strengthened Middle Kingdom, will remain tame and that the world community represented by Asia and the West will continue to work together peacefully and harmoniously.
But it is perhaps no error or disadvantage if, alongside the companies which have already moved their main production to Eastern Europe or to Asia, there are some which believe they have good reasons not to do so and have still remained strong and competitive. Apart from the political question of how, with progressive de[1] industrialization, it will in future be possible to continue to keep up the usual standard of living for over 700 million people in this original western central hemisphere, the fact remains that this region represents a relatively crisis-proof and politically stabile area for the remaining manufacturing industry. Maybe it is this, alongside the proven quality standard, which today still makes out the radiance of "Made in Germany", even in Asia.
For these reasons WIMA will retain its main location in Germany, that is to say in the EU, and will find customers nationally and internationally who appreciate this constellation.
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