TRW Group (China) Business Report FY2010
-In 2010, the sales of TRW China was 1,294.47 million dollars and reached a 51% year-on-year increase, approximately 9% of the Group's total sales. Production levels in China increased significantly primarily due to increased consumer demand. (From the Company's 2010 annual report)
Highlights by product
- TRW Asia Pacific Co., Ltd signed a joint venture agreement with China's Xi'an Dong Fang Group Co., Ltd to set up an airbag inflator and seat belt pretensioner manufacturing facility in Xi'an, Shaanxi Province. The intention is to start production before the end of 2010. Dong Fang Group is a machinery company affiliated to China North Industries Group Corporation. (From a press release on March 19, 2010)
-On November 30, 2010, Shanghai TRW Automotive Safety Systems Co., Ltd. held its 23rd board meeting at the TRW Czech Plant. In addition to discussing business plans including strategies and budgets for 2011, the board members agreed on a new technical center project in Shanghai and decided the outline of its construction plan. (From a press release, November 30, 2010)
-Sales at Shanghai TRW Automotive Safety Systems Co., Ltd. reached a record high 902 million yuan in 2009, which is an increase of 40.3 percent year-on-year, thanks to a rise in sales of seatbelts and airbags. (From a press release, July 7, 2010)
Expanding local production of EPBs
-At the International Motor Show held in Shanghai in 2011, TRW Automotive announced its intention to expand production of electric parking brakes (EPBs) in China. Since 2007, when the company started making EPB calipers in China, it has supplied more than 2 million units to Chinese customers. Recently is has won new program businesses from two Chinese automakers. Delivery of the products is scheduled to begin in 2012. (From a press release, April 20, 2011)
-TRW Automotive Components (Shanghai) Co., Ltd.(TACS) in China will start production of Column Drive Electric Power Steering (EPS) for its customers in the Asia-Pacific region. The new program will initially support Ford and Mazda. The production capacity is expected to be in the range of 450,000 units annually. TACS manufactures airbag electronic control units, crash sensors, steering gear assemblies and Anti-lock Braking Systems (ABS) and Electronic Stability Control (ESC). (From a press release on August 3, 2010)
Contracts for EPSs
-TRW Automotive Holdings Corp. announced it has secured several contracts for the supply of electric power steering (EPS) to domestic Chinese vehicle manufacturers, with the first launch scheduled in 2012. TRW will supply its Column Drive EPS system for platforms with four domestic manufacturers initially. Production will be located at TRW's manufacturing facility in Anting, China, which will start production this year with an annual capacity in the range of 450,000 units initially. In the next two years, the company will add local production capabilities not only for EPS, but also for other advanced technologies such as airbag inflators and electronic stability control. (From a press release on January 10, 2011)
R&D facility- The group's development center in Asia Pacific
|TRW Automotive Research & Development (Shanghai) Co., Ltd.
|-Providing technical support to the Group's plants and customers in the Asia Pacific region.
-Conducting winter road testing at its specialized facility in Heihe, Heilongjiang Province.
-TRW Automotive Holdings Corp. has announced plans to open a new Technical Center in China in 2013. The 32,000 square meter facility will be built in Anting, Shanghai and will be able to accommodate more than 1,000 engineers. The new Technical Center will house research and development, engineering design and application, testing and validation activities across all of TRW's product lines. It is planned that construction of the site will commence in autumn of 2011, and will be ready for operations in 2013. (From a press release on April 19, 2011)
-TRW Automotive announced that it is planning to establish five more plants in China, aiming to double its China sales to over 2 billion US dollars by the end of 2012. (From a press release, April 22, 2011)
-The TRW Group (China) and the Qingdao High-tech Development Zone have signed a letter of intent regarding TRW's 20 million US dollar project to establish an automotive security system plant at the industrial park. Its construction work is scheduled to begin in April 2011. TRW is expecting to generate 25 million US dollars at the new plant when it is fully operated. (From news releases issued by multiple sources on February 21, 2011)