Ficosa International, S.A. Business Report up until FY ended Dec. 2010

Business Highlights

Recent Years

Contracts

-In 2010, the Company developed rear-view mirrors with built-in Fractal antennas and started supplying them for the new Volkswagen Caddy. This product was developed by engineering teams in both the Commercial Vehicle and Advanced Communications Business Units of the Company. The Company manufactures the antennas in Germany and supplies them to the Volkswagen plant in Poznan, Poland. The Company also supplies rear-view mirrors with built-in antennas for the Volkswagen Transporter, and for certain Fiat and Renault models. (From a press release on November 4, 2010)

Joint Ventures

-In April 2009, the Company and OMRON Corporation officially have created a joint venture company, ADASENS Automotive GmbH. The joint venture will engage in the development, production and commercialization of ADAS (Advanced Driver Assistance Systems) technologies, focusing on detecting, recognizing and informing the driver of what's happening around the vehicle (360 degrees: front, back, side, vertical, and horizontal fields of view). (From a press release on April 21, 2009)

Awards

Year Award Company
2007 Supplier of the Year GM
2006 Supplier of the Year GM

R&D

R&D Expenditure

-The Company invests approximately 4% of its sales turnover in R&D every year.

R&D Facilities

-The Company has 13 R&D centers located in the following countries:
  • Brazil
  • China
  • France
  • Germany
  • India
  • Italy
  • Japan
  • Korea
  • Mexico
  • Portugal
  • Spain
  • Turkey
  • U.S.

Product Developments

Battery Pack for EV and PHEV
-In 2010, the Company continued work on the development of the Battery Pack for electric (EV) and plug-in hybrid vehicles (PHEV). The Battery Pack developed by the Company, combines the battery electronic control, the sensors, the refrigeration system and the communication system of the pack with the main car ECU, into a compact package with the batteries. The system allows the driver to monitor and control the condition of the batteries. The driver can check how much charge is left in the batteries, and determine how much range the vehicle has remaining. Other information that is provided includes factors that may affect the life of the battery and its performance, such as temperature or electrical imbalances between cells. The driver can then correcting these issues through refrigeration and cell balancing strategies. The system includes high level prediction and monitoring algorithms. (From a press release on January 19, 2010)

In-mirror integrated antennas
-In 2010, the Company developed in-mirror integrated antennas for improved reception capabilities. This side mirror integration possibilities include AM/FM radio, GPS, Global System for Mobile communications (GSM), Digital Video Broadcasting Terrestrial (DVB-T), Digital Audio Broadcasting (DAB), Satellite Digital Audio Radio System (SDARS) and Universal Mobile Telecommunications System (UMTS). The targeted markets include Europe and Japan. (From a press release on March 29, 2010)

Technical Alliances

-Circuit de Catalunya and the Company signed a collaboration agreement in 2010 that permanently joins the two companies for the research and development of new types of battery systems for electric vehicles. The Company will use the recharge point for electric vehicles, located on the Circuit de Catalunya facilities, for its diverse research projects in the field of batteries systems and other components applied to electric vehicles and hybrid cars. (From a press release on January 25, 2010)