3) Leica is in this for the long term (they are looking 5-10 years in the future)
Kaufmann is building two new factories, one in Portugal and the other in Wetzlar. He intends to grow the company and continue investing in R&D, regardless of the immediate economic climate. This is good for progress. The S-System will serve as the flagship product for at least the next five years. He even mentioned that they have already taken trademarks on S3, S4, and S5. Leica may well be one of the only companies that is hiring new talent and expanding while the rest of the world is focused on scaling back and laying off. In fact, according to their last financial report, they have about 100 more employees now than they did a year ago, adding about 10% to its workforce, mostly in R&D.