Unick Corporation

Company Profile

■URL

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

-Supplies solenoid valves mainly to Hyundai/Kia and Hyundai Transys. The company holds 60% of the domestic market share in Korea (according to the company's announcement).

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

	FY ended Dec. 31, 2023	FY ended Dec. 31, 2022	FY ended Dec. 31, 2021
Solenoid valves	62	69	42
Automotive clocks	52	45	45
Cigarette lighters	47	49.5	50
Indicators	90	10	10
Power outlets	63	63	63
Controllers & pads	19	19	19
Automotive USB chargers	70	67	67
Solenoid valves for electronically controlled engine oil pumps	60	80	80
Solenoid valves for dual clutch transmissions (DCTs)	77	75	80
Communication related parts	60	60	-
Exhaust gas control valves	100	100	100

Shareholders

(As of Dec. 31, 2023)

Major shareholders	Investment ratio (%)
Ahn Young Koo	19.66
Ahn Jung Koo	9.34

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Products

Powertrain System
Transmission Part
-Solenoid valve for transmission (Direct VFS)
-Solenoid valve for transmission (Pilot VFS)
-Solenoid valve for transmission (PWM)
-Solenoid valve for transmission (On/Off)
-Thermal bypass valve
-Speed sensor (MT/AT)

Engine Part
-Solenoid valve for oil pump in engine (VFS)
-Solenoid valve for oil pump in engine (On/Off)
-Engine mount solenoid valve
-Pneumatic solenoid valve
-Water level sensor

Eco-Drive System
Emission control system
-Bypass valve for emission reduction
-Pneumatic solenoid valve for bypass valve

Fuel control system
-Fuel cut valve
-Fuel vent valve
-Fuel tank isolation valve

Hydrogen gas control system
-Hydrogen gas control valve

Human Machine Interface System
Information system
-Clock
-Battery charge info indicator
-Automatic gear shift lever indicator

Safety & Comfort system
-Motor & Controller for haptic steering wheel
-Heating pad & Controller for heated steering wheel
-Intelligent battery sensor
-USB charger (external)
-USB charger (internal)
-Cigarette lighter
-Power outlet
-AGM (Absorbent Glass Material) battery cap

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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.
Jul. 2020	Established Plant No. 6 in Gimhae.