Unick Corporation Business Report FY ended Dec. 2018

Highlights in recent years

Financial Overview (Consolidated)

(in millions of won)
FY ended Dec. 31, 2018 FY ended Dec. 31, 2017 Rate of
change (%)
Sales 213,103 235,151 (9.37)
Operating income (15,125) 4,170 (462.70)
Net income 2,293 3,256 (29.57)

R&D Structure

-In 1987, the Company established a technical center within the premises of its Gimhae Plant.

R&D Expenditure

(in millions of won)
FY ended Dec. 31, 2018 FY ended Dec. 31, 2017 FY ended Dec. 31, 2016
Amount 8,678 8,732 9,845
% of Sales 4.3 3.9 4.1


R&D Activities

-The Company is now working on development of solenoid valves for 10-speed automatic transmissions.

-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

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

Area of alliance
Feb. 1991 Tosok
*Currently Nidec Tosok
Hydraulic solenoid valve for automotive transmissions
Aug. 1991 Jeco
3-meters for the Jeep
Nov. 1996 Siemens
Electronic distribution system for the Hyundai "Atos" (MX)
Sep. 1997 Jeco
Automotive multi meters
Apr. 2007 Nidec Tosok
Small solenoid valves
Jun. 2008 Nidec Tosok
6-speed solenoid valves