Unick Corporation

Company Profile

■URL

http://www.unick.co.kr/eng/main.asp

■Address

90, Seobu-ro, 179beon-gil, Jinyeong-eup, Gimhae-si, Gyeongsangnam-do, Korea

Business Overview

-The Company is a manufacturer of automotive clocks, cigarette lighters, solenoid valves, valves, and sensors. 

-It started operations in 1976 as the first manufacturer in Korea to develop automotive clocks.

-Through a technical alliance with Tosok Corporation (now called Nidec Tosok Corporation), the Company engineered hydraulic solenoid valves in Korea in 1992.

Market Share in Korea (Estimated by the Company, %)

FY ended Dec. 31, 2016 FY ended Dec. 31, 2015 FY ended Dec. 31, 2014
Solenoid valves 52 63 67
Automotive clocks 50 44 36
Cigarette lighters 50 44 49
Indicators 10 14 14
Power outlets 62 58 58
Controllers & pads 20 24 27
Automotive USB chargers 100 100 100
Solenoid valves for electronically controlled engine oil pumps 100 100 100
Solenoid valves for dual clutch transmissions (DCTs) 100 100 100
Exhaust gas control valves 100 100 100

Shareholders

(As of Dec. 31, 2016)

Major shareholders Investment ratio (%)
An Young-Koo 19.71
An Jung-Koo 9.16
KoFC KBIC 6.64
Total 35.51

Products

Automatic transmission controls
Hydraulic solenoid control modules
Valve body matchings
Solenoid valves (2-Way)
Variable pressure solenoid valves (3-Way)

Instruments
Clusters
Overhead consoles
3-meters
Overhead console multi-meters
Digital multi meters
Multi information computers
Clocks
Cigarette lighters
Power outlets
Gear lever indicators

Fuel & ORVR (On Board Refueling Vapor Recovery) systems

Separator & fuel control modules
Fuel vent valves
Fuel cut valves
Fuel cut & 2-way valves
Multi fuel control systems

Emission control systems
EGR (Exhaust Gas Recirculation) valves
Electric solenoid cooled EGR valves
Electric solenoid EGR valves

Sensors, etc.
Height sensors
ABS wheel sensors
Humidity sensors
In-car sensors
Photo sensors
Mode valves
Thermo valves

History

Apr. 1976 The Company was established.
Nov. 1976 The Company developed automotive clocks for the first time in Korea.
May. 1989 The Company developed an EGR (Exhaust Gas Recirculation) valve.
Feb. 1991 The Company developed hydraulic solenoid valves through a technical alliance with Tosok Corporation of Japan.
Aug. 1991 The Company developed three meters for installation on Jeep vehicles through a technical alliance with Jeco Co., Ltd. of Japan.
Jul. 1992 Completed Gimhae Plant.
Oct. 1992 The Company developed a hydraulic solenoid valve for automatic transmissions.
Dec. 1993 The Company was listed on KOSDAQ.
Dec. 1995 The Company acquired ISO9001.
Nov. 1996 The Company developed electric wiring systems for small passenger vehicles through a technical alliance with Siemens of Germany.
Sep. 1997 The Company developed automotive multi meters through a technical alliance with Jeco Co., Ltd. of Japan.
Feb. 1998 The Company developed an electronic EGR valve.
Mar. 1999 The Company developed digital multi-meter.
Dec. 1999 The Company acquired QS9000.
Apr. 2000 The Company adopted a new corporate name, Unick Corporation.
Mar. 2002 The Company developed an engine oil deterioration sensor (coil type).
Jul. 2002 The Company developed a full level control valve for on board refueling vapor recovery system.
Sep. 2002 The Company established Qingdao Unick Co., Ltd. in China.
Jan. 2004 Completed Asan Plant.
Mar. 2005 The Company acquired ISO14000 certification.
Apr. 2005 The Company acquired TS16949 certification.
Mar. 2008 The Company acquired ISO14001 certification.
May 2009 The Company acquired ISO9001 certification.
May 2009 The Company acquired ISO/TS16949 certification.
Dec. 2010 Established Plant No. 3 at Gimhae.
Mar. 2012 The Company moved its headquarters from Busan Metropolitan City to its Gimhae plant in Gyeongsangnam-do.
May. 2014 Established R&D Center in Pangyo, Seongnam-si, Gyeonggido.
Sep. 2015 Established Plant No. 5 in Gimhae.

Supplemental Information 1