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| Net Income | 0 | 0 | 0 | 0 | 0 |
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Sonova Holding Ag (SONVF)
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Sonova Holding AG was formed on August 1, 2007, from Phonak Holding AG. The Company is the hearing care provider in the industry. It provides comprehensive hearing solutions. Its brands Phonak, Unitron, Advanced Bionics and Connect Hearing create compelling new products and offer the optimal solution for every user. The Company operates in two segments: Hearing instruments which includes the companies that are active in the design, development, manufacture, distribution and service of hearing instruments and related products. Research and development is centralized in Switzerland while some activities are also performed in Canada. Production of hearing instruments is concentrated in three production centers in Switzerland, China, and Vietnam; and Cochlear implants which includes the companies that are active in the design, development, manufacture, distribution and service of hearing implants and related products. The segment consists of Advanced Bionics and the related sales organizations, which were acquired as of December 30, 2009 and which provide cochlear implant systems.