Visteon Group (China) Business Report FY ended Dec. 2016
New Plant
-In June 2017, Jiangsu Toppower Automotive Electronics Co., Ltd., a subsidiary of Visteon Corporation, inaugurated and launched production at a new plant. The new plant is built on a site of 64,000 square meters with a total investment of Chinese yuan (CNY) 350 million. The first phase construction was for building a 20,000-square-meter facility with an initial annual production capacity of 5 million sets. The plant is expected to generate yearly sales of CNY 3 to 3.5 billion. (From some releases on July 3, 2017)
Contract
-Visteon announced that Dongfeng Motor has selected SmartCore cockpit domain controller technology from Visteon or a future domestic Chinese light vehicle program. This will be Visteon’s first SmartCore application in China, the company’s largest market and the world’s biggest automotive market. Visteon will supply the SmartCore domain controller, with an integrated center information display and thin-film transistor (TFT) instrument cluster display, for a high-line variant of a high-volume Dongfeng light vehicle scheduled for production starting in 2018. Visteon is scheduled to launch the first SmartCore-based solution in 2018, for a European vehicle manufacturer. (From a press release on April 21, 2017)
Strategic Alliance
-Visteon Asia Pacific (Shanghai) Co., Ltd. signed a strategic partnership agreement with NavInfo. The latest agreement is made based on the strategic partnership framework agreement sealed on July 11, 2016, by Yanfeng Visteon Electronics Technology (Shanghai) Co., Ltd. and NavInfo, with further details about their alliance scheme and contents in the area of the autonomous driving technologies. Under the framework of the two-year tie-up, NavInfo will supply maps and cloud big data platform required for autonomous driving, while Visteon develops autonomous driving systems, tests high-precision map data, and provides the test results and the technological indicators. Visteon will also supply information gathered by autonomous driving system’s sensor robots for the use in evaluating and updating NavInfo’s road map information. Visteon will test a vehicle with trail autonomous driving system in cooperation with NavInfo, as well. (From a corporate announcement released by NavInfo on April 20, 2017)
-Yanfeng Visteon Electronics Technology (Shanghai) Co., Ltd. and NavInfo have signed a basic agreement to form a strategic alliance in the areas of Advanced Driver Assistance Systems (ADAS), in-car Internet, telamatics, and navigation solutions. NavInfo is aiming to offer major service engines through the collaboration, especially on ADAS technologies, navigation engines, driver-less car technology, navigation data standard, digital forms, and detailed map information. It will also provide telamatics solutions like WeLink. (From an announcement by the company on July 7, 2016)
R&D facility
| Company name | Year established | City | Overview |
| Visteon China Technical Center(CTC) | Nov. 2005 | Shanghai | -The company integrates the group's engineering activities that focus on automotive interior and electronic parts in the Asia Pacific region. CTC will also focus on developing various products, some to be marketed globally and others to specific countries. |
| Shanghai Weidian Technology Co., Ltd. | Apr. 2016 | Shanghai | -Automotive electronics multimedia module, electronic module |
| Anyue Pioneer Car Information Technology Co., Ltd. | 2009 | Shanghai | -GPS navigation audio system, intelligent Information Systems |
| Yanfeng Visteon Electronics Technology (Nanjing) Co., Ltd. | 2014 |
Nanjing, Jiangsu |
-Driver information systems, audio entertainment systems, integrated electronic controls, body control modules, power control modules |
Sales by subsidiary |
(in million yuan) |
| Company Name | FY ended Dec. 31, 2015 | FY ended Dec. 31, 2014 | FY ended Dec. 31, 2013 |
| Yanfeng Visteon Automotive Electronics Co., Ltd. | 3,041.77 | 3,342.52 | 3,338.19 |
| Shanghai Visteon Automotive Electronics Co., Ltd. | N.A | 1,256.38 | N.A |
| Yanfeng Visteon Automotive Tooling Co., Ltd. | 567.81 | 438.58 | 334.25 |
| Dongfeng Visteon (Shiyan) Automotive Trim Systems Co., Ltd. | N.A | N.A | 966.95 |
Source: China Automotive Industry Yearbook (Issued every October)
Volume of production by product |
(in thousand units) |
| Product | Facility | FY ended Dec. 31, 2015 | FY ended Dec. 31, 2014 | FY ended Dec. 31, 2013 |
| Controllers | Yanfeng Visteon Automotive Electronics Co., Ltd. | N.A | N.A | 5,714 |
| CD players | N.A | N.A | 1,435 | |
| Infotainment systems | N.A | 2,985 | N.A | |
| Meters | 2,000 | 2,119 | N.A | |
| Combination meters | Shanghai Visteon Automotive Electronics Co., Ltd. | N.A | 3,380 | N.A |
| Bluetooth hands-free controllers | N.A | 2,380 | N.A | |
| Door trims | Dongfeng Visteon (Shiyan) Automotive Trim Systems Co., Ltd. | N.A | N.A | 5,710 |
| Instrument panels | N.A | N.A | 3,670 | |
| Sun visors | N.A | N.A | 15,000 |
Source: China Automotive Industry Yearbook (Issued every October)