TRUWIN Presentation

2018.9.11

1. TRUWIN Introduction

▶ Main Business : Automotive parts - Displacement Sensors - Actuators - IR (Infrared Ray) Camera system

▶ Main Business : Automotive parts - Molding parts - IT parts

▶ History

- 2006. 05 Establishment of TRUWIN

- 2008. 01 ISO/TS16949:2009, KS/ISO14001:2009 /

ISO14001:2004 Certificate

- 2009. 12 Industry of automobile parts(KAP) – Grand prize

- 2010. 06 The Entrepreneur Festival Korea – President prize

- 2014. 07 Stock’s Listing(Korea)

TRUWIN

TRUWIN (2nd Factory)

• CEO : Richard Nam

• Web : http://www.truwin.co.kr

• Address : 385, Expo-ro, Yuseong-gu, Daejeon, Korea

• Tel : +82-42-612-5000

TMM

▶ Main Business : Autonomous Electric Vehicle (Small class type) - Collaboration with government

2. TRUWIN Building Lat-out

Main building (R&D, Test,

Accurate assembly) SMT Line Warehouse

Assembly Line (Coil, Sensor)

Injection Line

2nd Factory (Injection, Assmbly) LAND : 59,497㎡ /BUILDING : 19,305㎡ Main(8,300㎡ )SMT Line(1,300㎡) Warehouse(2,800㎡) Assembly Line(5,000㎡) Injection(2,000㎡)

Total : 198

- Ph.D. : 7

- Master : 11

- College graduate : 82

- ETC : 98

3. TRUWIN Organization

Manufacturing

Team

28 21 16 72

48

CEO

Management

Department

Quality

Division

Preceding

Research

Department

Development

Department

Manufacturing

Department

Technical

Adviser 2nd Factory

10 2

R&D Department

Molding Team

Facility Team

Circuit

Development

Product

Development Process

Development

Component

Development

Development

Sales

Manufacturing

Team

Manufacturing

Management

Manufacturing

Technology

Resource

Management

Management

Planning

Management

Support

Electric Vehicle Autonomous Driving World Level TRUWIN Level

IR Camera Flier Tolerance : 0. 5 Degree

Resolution: QVGA

0. 5 Degree

Resolution : QVGA (2018)

Air Pressure Sensor (IPS) SENSATA,

Pressure : 0~40Bar / Tolerance : 공차0.5%

Pressure : 0~100 bar

Tolerance : 0.5% (2018)

Displacement Sensor (EPS) HELLA, MEX

Tolerance : 0.4% Within 0.4% (2020)

Sensors HELLA

Tolerance : 0.4% Within 0.4% (2015)

Actuators 2 Degrees

( Leading companies) Within 1degree

Actuator

Displacement Sensor (EPS)

Pedal Sensor Air pressure Sensor (IPS)

Dust detecting Sensor

Heater for Electronic vehicle

IR Sensor / Camera

IPS(Inductive pressure sensor)

EPS(Embedded passive sensor)

AVN(Audio video navigation)

IR [Infra Red)

High importance low Importance

4. TRUWIN Main Product

Motor Controller

5. TRUWIN Development Road Map

APS : ACCELERATOR PEDAL SENSOR / NAPS : NON-CONTACT ACCELERATOR PEDAL SENSOR / TPS : THROTTLE POSITION SENSOR MTPS : Mechanical Throttle Position Sensor / NTPS : NON-CONTACT THROTTLE POSITION SENSOR / SAP : SENSOR AIR PRESSURE ESM : ELECTRONIC SHIFT MOTOR / SHS : Suspension Height Sensor / BPS : BRAKE PEDAL SENSOR CPS : CLUTCH PEDAL SENSOR / SLS : STOP LAMP SWITCH / WSS : WHEEL SPEED SENSOR SATS : STEERING ANGLE & TORQUE SENSOR / VCM : VARIABLE CY;INDER MANAGEMENT / ECV : EXTERNAL CONTROL VALVE

2006 2008 2011 2013 2015 2017 2018 2019 2020 2021

HKMC SQ Certificate

- Electronic

- Injection Molding

- Electronic Assembly (2016)

Quality/ Environment

Management Systems

Certificate

- ISO/ TS16949:2009

- KSA ISO 14000:2009

/ ISO 14001:2009

IR Camera for Autonomous Vehicle

Developing National Project

2018 National Project (be scheduled)

Contact Sensor

Business

Non-Contact Sensor

Business

Solenoid Business

Motor Controller Business

Air Conditioner /AVN /SLS

IR Camera PS

PMS / Heater

EPS / Handle Sensor

Autonomous Module

6. TRUWIN Customers

Korea

<Tier 1>

<OEM>

North America

<Tier 1>

South America

<Tier 1>

China

<Tier 1>

Europe

<Tier 1>

중동

<Tier 1>

Global : 7

Korea : 12

Section EPS IPS IR Sensor& camera

Picture

Purpose

Detecting the access of metal object,

measure the variety location

information

Measured the pressure force through

tiny displacement gap on the

atmospheric pressure or pressed

force on metal(ceramic)

Measure the heat generation

information from Organism or various

machines

Current

Technology

Attached the magnet on the

movement object, measure the

magnetic force using Hall IC

Low pressure(or air pressure)

measured by MEMS, High

pressure(or hydraulic) measured by

compensated pressure after

mechanical tiny displacement

Measure using MEMS or Heat

reactive substance (Vox)

Advances in

TRUWIN’s

technology

Available Measurement for metal

object exist without magnet

Innovated technology

differentiated from existing

technology

(Related patents : 40)

Measured mechanical displacement

of Micro level by variety pressure

Innovated technology

differentiated from existing

technology

(Related patents : 20)

High competitive price

(20% of existing price using

Semiconductor standard process

(Related patents : 20)

Future market

forecast

Estimated $ 13.5 billion in 2025

- Robot, Drone and IOT industry

Expected progressive growth of

automotive and industrial markets

Estimated $ 9 billion in 2025

- Security, medical, autonomous

driving

(Estimated $ 22.5 billion if applied

smart phone)

Competitor

Current HALL IC Manufacture

New technology in the world

Bosch, Sensata, Continental

New technology in the world

World's first technology

Utilizing generic technology

-FILR, ULIS

IPS(Inductive pressure sensor) / EPS(Embedded passive sensor) / AVN(Audio video navigation) / IR [Infra Red)

7. TRUWIN Core Products

IPS (Inductive

Pressure Sensor)

EPS (Embedded

Passive Sensor)

Pioneer the market by

replacement of Hall IC

IR Camera & Sensor

Production

Plan

Standardized IPS development : Replace existing products, pioneer the Exclusive

market of SENSATA

Easy access to market using current product(MEMS) replacement

Enter the HALL IC exclusive market of the position sensor by new technology

Apply Variety IoT and Robot industry

SR8060 : Home appliance(LG, China Manufacturer) and Biometrics Security device

SR32017 : Security, ADAS System for After market, NIGHT VISION For vehicle

SR64012 : NIGHT VISION For vehicle, TOD for Defense

8. Core Product information

EPS IPS IR Sensor & Camera

Market

Size

Automotive $ 10 billion $ 54 billion $ 9 billion

Industry $ 45 billion $ 90 billion $ 45 billion(include Defense)

Market Size

and Goals

In 2025

$266 million - 2% of $133 billion

$320 million - 2% of $160 billion

$267 million - 3% of $89 billion

Potential

Customer

- Automotive : Bosch, Continental, Delphi - Robot, Drone, IOT Security

- Automotive : HMC/KMC Localization - Industry : Component market for Construction heavy & other special equipment

IT manufacturer : Smart phone (Samsung, APPLE, LG, Etc) Communication security : SKT, KT

Market Entry

Strategy

Replacement part supply from

existing product

(TRUWIN’s existing customers)

Replacement part supply from

existing product

(TRUWIN’s existing customers)

Expand market supply of low resolution

biometrics product

by low price

Market

Expansion

Strategy

discussion for single IC sales through

Contact and communication with

global IC suppliers

Targeting market demand of

Specialized High pressure or

hydraulic

Early market supply by QVGA

resolution level product in the

second half of 2018

Achieving the world's best VGA grade

in 2021

Industry Trends

liaison

Preparation investment plan and

sales strategy related rapid increase

of Market demand by smart factory

and security

Strengthen PR of competitive price

and high quality

Securing market entry bridgehead for

smart phone and defense market

Continuous

development plan

For new technology

Product development

- Size minimization, wireless

Replaceable products

development for TPMS

Expansion of application technology

(ZYRO sensor, etc)

9. Sales Strategy for Core Product

Section 2018 2019 2020 2021 2025

EPS 4.5 136.4

IPS 4.5 13.6 136.4

IR Sensor&

Camera 2.3 9.1 45.5 72.7 272.7

Sub Total

General

Product

Sensors 2.3 9.1 50.0 90.9 545.5

ACT 14.1 20.8 27.9 28.4 45.5

Controllers 4.7 7.9 13.3 13.3 36.4

Sub Total 15.5 8.1 10.4 10.6 18.2

Sale Total 34.3 48.2 51.5 52.3 100.0

Fixed cost 12.9 15.0 24.5 29.1 74.5

Material Cost 50%

(18.3)

53%

(24.3)

54%

(54.8)

55%

(78.7)

56%

(361.5)

Amortization Cost

(Investment) 3.6 3.6 7.3 7.3 36.4

Operating profit /loss 1.7 3.0 14.9 28.1 173.1

10. Sales Plan(long- term)

(Unit : Million$ / $:1,100\)

- Operational carbon Branding & Printing tech on Wide Tep. Range. - Circuit board(Ceramic ,PCB) & thin film figuration technology - Wiper & structure characteristic technology - Resistor track’s design technology

- Inductive type angle & liner sensor original technology - Hall type angle design technology - Control assembled(SLS, FGS, WSS) sensor technology - Sensor driving ASIC Design technology - Semiconductor design & process technology

- Sensor Package injection analysis & Material design - Manufacture tech of sensor package - Durability & Reliability test technology - Sensor System & Future System structure design

- Sensor & Actuator fusion technology - Actuator R&D Technology - BLDC Motor Controller Technology - Camera design & S/W Technology

Sensor Packaging Technology

Printed Electronics Sensor

Technology

Position & IR sensor original technology

Sensor Actuator System

11. TRUWIN Core Technology & Capabilities

Injection (Horizontal) : 80/110/120/280t : 8ea

Injection (Vertical) : 80/100/120/250t : 27ea SMT-3Line , IMT-2Line

Accelerator Pedal Sensor Production Lines

Throttle Position Sensor Production Lines

Non-Contact Accelerator Pedal Sensor Production Lines

Non-Contact Stop Lamp Switch Production Lines

12. Production Lines

Thermo-hygrostat : 6ea Thermal shock machine high-handed sprinkler

Salt spray Complex vibrator Thermo-hygrostat (Large)

Semi anechoic chamber ESD Tester

13. Reliability test facilities

Preparing for ISO 26262 approval (Dec, 2019)

SQ Certificate Electric assembly – B

Quality Certificate ISO/TS16949:2009

Environment management Systems Certificate

KS A ISO 14001:2009/ ISO 14001: 2004

SQ Certificate Injection – A

SQ Certificate Electron – A

13. Certifications

For Further Information, Please Contact :

Sales@truwin.co.kr kst@truwin.co.kr (+82-42-612-5201)

385, Expo-ro, Yuseong-gu, Daejeon, 34051, South Korea Tel.: +82-42-612-5000 Fax: +82-42-933-0250

Innovative Sensor Technology

TRUWIN