Unick Corporation Business Report FY ended Dec. 2017
Highlights in recent years
Financial Overview (Consolidated) |
(in millions of won) |
| FY ended Dec. 31, 2017 | FY ended Dec. 31, 2016 | Rate of change (%) |
Remarks | |
| Sales | 235,151 | 254,677 | (7.6) | - |
| Operating income | 4,170 | 8,857 | (52.9) | - |
| Net income | 3,256 | 7,854 | (58.5) | - |
R&D Structure
-In 1987, the Company established a technical center within the premises of its Gimhae Plant.
-As of December 31, 2017, a total of 71 engineers engage in R&D activities at the technical center.
R&D Expenditure |
(in millions of won) |
| FY ended Dec. 31, 2017 | FY ended Dec. 31, 2016 | FY ended Dec. 31, 2015 | |
| Amount | 8,732 | 9,845 | 8,780 |
| % of Sales | 3.9 | 4.1 | 4.1 |
R&D Activities
-The Company is now working on development of solenoid valves for 10-speed automatic transmissions.
-The Company has been developing high-performance hydraulic control systems for dual clutch transmissions since August 2012. The project was originally planned to take 60 months through July 2017. The development period, however, has been shortened to 48 months and will end in July 2016. Meanwhile, the budget for the project will be reduced to KRW 5,366 million from the originally projected KRW 6,400 million. The development project was selected as one of the World Class 300 Projects sponsored by the Korean Ministry of Knowledge Economy, and 50 percent of the total development cost will be provided by the government. (From a press release on October 2, 2014)
-In April 2012, the Company developed oil pump control valves (OPCVs).
-In March 2009, the Company developed EGR bypass valves for low emission.
-In January 2009, the Company developed solenoid valves for 8-speed automatic transmissions.
R&D Achievements
| Products | |
| Jun. 2015 | PSA OPCV Valve |
| Sep. 2015 | 6-speed 2nd generation automatic transmission solenoid valve |
| Feb. 2016 | Chinese solenoid valve |
| Jan. 2017 | Gamma CVT solenoid valve |
| Mar. 2017 | Front-wheel 8-speed solenoid valve |
| Oct. 2017 | Chinese DAE solenoid valve |
| Nov. 2017 | Hydrogen control valve for second-generation fuel-cell batteries |
Technical Partnerships
| Company (Country) |
Area of alliance | |
| Feb. 1991 | Tosok *Currently Nidec Tosok (Japan) |
Hydraulic solenoid valve for automotive transmissions |
| Aug. 1991 | Jeco (Japan) |
3-meters for the Jeep |
| Nov. 1996 | Siemens (Germany) |
Electronic distribution system for the Hyundai "Atos" (MX) |
| Sep. 1997 | Jeco (Japan) |
Automotive multi meters |
| Apr. 2007 | Nidec Tosok (Japan) |
Small solenoid valves |
| Jun. 2008 | Nidec Tosok (Japan) |
6-speed solenoid valves |