Schott AG Overview
Company Headquarters: Mainz, Germany
Founded: 1884
Workforce: ~15,347
Company Working: SCHOTT AG (SCHOTT) is engaged in the manufacturing of glass products. It operates through three segments, namely precision materials, optical industries, and home appliances. The company offers a wide range of products such as glass-ceramic cooktops, solar power modules, glass metal enclosures, and colour filters. It serves the home appliance, pharma, electronics, optics, life sciences, automotive, and aerospace industries. The company has production sites and sales offices in 34 countries globally. SCHOTT AG is solely owned by Carl Zeiss Foundation. It invested USD 95.12 million in research and development from 2017 to 2018.
Strategy
SCHOTT is focusing on the development of thinners, glasses of high strength, and new materials as well as optimization of processes and materials for future markets such as mobility, healthcare, communication, and resource-conserving energy use. The company plans to do this by adopting highly specialized R&D core competencies focused on expanding the new dimensions of digitization and artificial intelligence.



