DOCSLIB.ORG

PDF Download

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
PDF Download Structure Study BWe mobile 2011 Baden-Württemberg on the way to electromobility e-mobil BW GmbH – State Agency for Electromobility and Fuel Cell Technology Fraunhofer Institute for Industrial Engineering (IAO) Ministry for Finance and Economics Baden-Württemberg The Stuttgart Region Economic Development Corporation (WRS) CONTENT Preface 4 Core findings and implications 5 1 Starting position and objectives 6 2 The automobile industry on the way to electromobility 8 2.1 Propulsion and vehicle concepts 8 2.2 Components of electric vehicles and current areas of development focus 11 2.2.1 Energy storage devices in general 11 2.2.2 Components of the battery-powered electric drivetrain 18 2.2.3 Other components 27 2.3 Factors influencing production 31 2.4 Today’s markets and market scenarios 35 2.4.1 Market development scenarios 35 2.4.2 Life cycle cost considerations 37 2.4.3 Convergence of sectors 40 2.5 Overview of subsidies 44 3 Consequences of the change for Baden-Württemberg 48 3.1 The significance of the automobile for Baden-Württemberg 48 3.1.1 Baden-Württemberg as a center of the automotive industry 48 3.1.2 Current developments in new registrations 49 3.2 Structure of the automobile industry in Baden-Württemberg 50 3.3 The automobile value creation chain and its effect on the employment structure 51 3.3.1 Changes in manufacturing costs for battery-electric vehicle concepts 51 3.3.2 Market development - drivetrain components 53 3.3.3 Consequences for Baden-Württemberg 55 3.4 Production technology as a key competitive factor 58 3.5 Training and qualification 61 4 Baden-Württemberg on route to electromobility 62 4.1 Stakeholders and competencies in the area of electromobility 62 4.1.1 The total vehicle 62 4.1.2 Battery technology 62 4.1.3 Electrification of the drivetrain 64 4.1.4 Lightweight construction 66 4.1.5 The fuel cell 68 4.1.6 Infrastructure 69 4.1.7 Thermal management 71 4.2 Networks and clusters 71 4.3 Publically funded research projects in Baden-Württemberg 72 5 Summary overview 74 Bibliography 76 List of figures 86 Abbreviations 88 Expert interviews 91 PREFACE Baden-Württemberg is Europe’s Electromobility is the mobility of number 1 innovative region, with the future. Megatrends, such as uniquely developed structures increasing global warming, the and a special enterprise land- fi nite nature of our resources, the scape, as well as an excellent growth of our cities, as well as an research and higher education increasing standard of living and landscape. In addition to major the associated stronger demands automobile manufacturers, in imposed on mobility for people Baden-Württemberg it is prima- and goods, make a revolution in rily the medium-sized companies our mobility an absolute neces- that make a decisive contribu- sity. The path to sustainable and tion to the value creation of the intelligent mobility in our cities automobile industry. Innovative has only just begun. It requires products, solutions and services from the state enjoy worldwide new thinking, and for that reason in particular, presents both great sales and recognition. opportunities and also risks for all participating stakeholders. The coming years will be marked by stricter regulatory requi- To bring electromobility to market maturity, electrifi cation of the rements, with regard to the necessary reduction of harmful CO2 drivetrain must be considered from a systems context. In the fu- vehicle emissions. Simultaneously, fossil fuels will become incre- ture, mobility will primarily require the competencies of the au- asingly scarce. Concepts for a sustainable mobility, in which elec- tomotive sector, the information and communication technology tromobility constitutes an important component, form an essential (ICT) sector and the energy sector. Crucial market synergies can prerequisite for mastering these ecological challenges and at the only be developed, and industrialization of electromobility can only same time creating economic growth. be driven, via a systemic and closely intermeshed collaboration of these three key sectors, with due consideration of the cross- Electrifi cation of the drivetrain means a huge change for the au- disciplinary fi eld of production. Baden-Württemberg, through its tomobile industry: because some components will be dispensed traditionally developed automobile industry and its combined com- with and new components will be added, the share of value crea- petence in the ICT and energy sectors, has the very best qualifi ca- tion between different participants, and possibly between econo- tions for taking a leading global role in electromobility. mic regions, will be redistributed. It is not just a networking of industries that will be the determi- Baden-Württemberg is well positioned for this change. Today, ning competitive factor. Small and medium-sized enterprises are there are already numerous activities and cluster initiatives in the the core of the economic strength in Baden-Württemberg and si- state that promote the transfer of knowledge between research multaneously provide its drive for innovation. The capabilities and and industry, and that contribute to the development of common, active integration of small and medium-sized fi rms in the change cross-industry approaches to solutions. This study provides an to electromobility are essential prerequisites for the international overview of these activities, and identifi es future potential and competitiveness of Baden-Württemberg, and they are the guaran- risks for the automobile industry, starting from the present position tors for assuring value creation and jobs in the Baden-Württem- of the state. berg automobile industry. Dr. Nils Schmid MdL Franz Loogen Deputy Minister-President and Minister for Finance and President e-mobil BW Economics of the State of Baden-Württemberg CORE FINDINGS AND IMPLICATIONS • Drivetrain electrification is in full swing and no longer just a • Baden-Württemberg is well-positioned as a technology loca- vision of the future. Hence, over time, electrification will incre- tion for electromobility. In research and development (R&D) of ase through the various forms of hybrid (mild hybrid, full hybrid, electrified drivetrain components and the associated charging plug-in hybrid, range extender) to the pure electric vehicle. infrastructure, due to the collaboration of higher education, re- search institutes and companies, a solid foundation exists that • In 2020, approximately 50 percent more passenger vehicles must be further extended in the future. will be sold worldwide than are currently being sold. In relative terms, the proportion of passenger vehicles with a pure com- • In order to generate significant employment effects in the state, bustion engine should drop from today’s figure of approximately it is important to generate extensive depth in value creation for 98% to around 67% in 2020. The share of pure battery electric the „new drivetrain components“. In this regard, R&D findings vehicle designs could be approximately 5 percent by the year must be transferred to industrial manufacturing. Plant enginee- 2020. ring and mechanical engineering, which is outstandingly positi- oned in the state, can and must accompany this process. • Virtually half of worldwide market potential (growth) in the year 2020 is allotted to components of the electrified drivetrain • Great potential for value creation and job creation in the sta- (electric motor, power electronics, battery system, charger), te are offered by the conventional technologies (transmission, this represents a value of approximately 100 billion EUR. efficiency technologies and the exhaust systems combustion engines), as well as by the new components, such as power • Significant cost reduction potential is anticipated in the manu- electronics, electric motors and particularly the battery system. facturing of new components. Nevertheless, by 2020, pure bat- tery electric vehicles will have significantly higher production • In the year 2020 in Baden-Württemberg, with optimal exploita- costs as compared to conventional internal combustion ve- tion of existing potential, approximately 10,000 new jobs could hicles. In a future buying decision, in addition to the purchase be generated through the „new drivetrain components“. The price, all of the operating costs of the vehicle (costs for fuel, relatively high value of the new components and the relatively electricity, taxes, insurance and maintenance) will also play an high degree of automation in manufacturing offer good overall important role. prerequisites for regional manufacturing. • As a cross-industry development, electromobility will not only • As essential stakeholders in the Baden-Württemberg automo- have an influence on the automobile industry; it will also lead bile value creation landscape, small and medium-sized enter- to a convergence of the automobile, ICT, and energy sectors. prises must be actively integrated into the knowledge transfer Innovative business models and evolving user behavior also processes of large enterprises and research institutes. A com- come into focus. petitive „electromobile“ value creation structure can only be holistically established in the state through the competencies • This change will also involve developments in the areas of pro- of medium-sized companies. duction technology and qualification of employees. This is why, in addition to new competences in processing and manufac- turing, training and education as well as continuing education content must also be extended and adapted.
Load more

Recommended publications
  • Geschäftsbericht 2009 the Crea Annual Report 2009
    Robert Bosch GmbH Postfach 10 60 50 70049 Stuttgart An engineer and a lover of nature Germany Annual Report 2009 The Bosch Vision Phone +49 711 811- 0 Geschäftsbericht 2009 Fax +49 711 811- 6630 Creating value – sharing values In the fall of 1876, at the age of 15, Robert Bosch entered into www.bosch.com an apprenticeship as a precision mechanic – on his father’s Printed in Germany As a leading technology and services company, we take advan- advice. However, as he later noted in his memoirs in 1921, at tage of our global opportunities for a strong and meaningful that time he had actually felt a stronger inclination toward development. Our ambition is to enhance the quality of life with zoology and botany. In his formative years, he was fascinated solutions that are both innovative and benefi cial. We focus on by the plant and animal world, and passion and respect for our core competencies in automotive and industrial technologies nature were to remain throughout his life. as well as in products and services for professional and private use. This affi nity for nature so deeply ingrained in Robert Bosch stemmed in large part from the values his parents had in- If we want to work We strive for sustained economic success and a leading market stilled in him, as well as from the countryside where he grew successfully as a position in all that we do. Entrepreneurial freedom and fi nancial up. And it remained a defi ning force in his worldview after team in a globalized independence allow our actions to be guided by a long-term he went into business.
    [Show full text]
  • Rechargeable Battery Industry
    Rechargeable battery industry To show structural growth Release date: Feb 23, 2009 ▶ Investment points HEV rechargeable battery industry to grow at a CAGR of 56% for next 5 years The rechargeable battery industry’s overall sales are predicted to continue expanding, although David Min the demand for mobile IT devices is feared to fall due to the global economic slump. In 82-2-368-6150 2009~2013, the sales amount of HEV rechargeable batteries are forecasted to balloon by 56% [email protected] annually on the back of hybrid vehicle market expansion, while the overall sales amount of rechargeable batteries are expected to increase 7% annually. Byung-nam Kim 82-2-368-6154 Earnings gap to widen between cell and material companies due to oversupply [email protected] ① In 2009, Samsung SDI’s total OP is expected to drop 47.2% yoy and its rechargeable battery division’s OP is forecasted to fall 19.4% yoy to W188.3bn. ② L&F Corp, an anode material supplier, is projected to see its OP jump 984.9% yoy. Carmakers actively form strategic alliance with rechargeable battery makers Unlike other car components, a rechargeable battery is a core component significantly affecting the performance of electric vehicles. As such, automobile companies are seeking to closely cooperate with their rechargeable battery suppliers through strategic alliances. Accordingly, rechargeable battery makers’ future operating results heavily rely on whether or not to successfully form strategic alliance with their customer carmakers. Non-cobalt-based anode materials, which excel cobalt-based anode material in terms of cost, energy density, and reliability, are forecasted to contribute to HEV rechargeable battery market ▶ Top pick L&F (066970, BUY, TP: W31,000): Successfully transforms itself into a rechargeable battery material specialist David Min; Byung-nam Kim | Rechargeable batteries Contents Ⅰ.
    [Show full text]
  • Using CSR As a Key Element for Achieving Competitive Advantage
    025-0181 Moral has no seasons: Using CSR as a key element for achieving competitive advantage. Marina Mattera Department of Economics and International Relations Universidad Europea de Madrid, C/Tajo, s/n. 28670-Villaviciosa de Odon-(Madrid) Spain POMS 23rd Annual Conference Chicago, Illinois, U.S.A. April 20 to April 23, 2011 Abstract: Firms' new challenges in the 21st century involve innovation and society's request for a more responsible business model. Based on bounded rationality conditions and the important role of externalities, it is analyzed through a case study whether corporate social responsibility strategies are essential for companies to achieve sustainable competitive advantages. Key words: Sustainable Development; Sustainable Management; Corporate Social Responsability; Open Innovation models. 1. Introduction Efforts towards generating sustainable growth and steady benefits have owned its accurate planning to the competitive advantage owned by the company. In several studies, it has been demonstrated that Corporate Social Responsibility (CSR) can improve a firm’s performance by enhancing the prestige and perception from consumers’ perspective (competitive advantage). However, it has also been denoted that solid inter-agents relationships are enhanced when they have consolidated CSR actions between them. New models for conducting business emerge, and together with them new difficulties. Known as “open innovation” (OI) models, the aforementioned collaborations between organizations have also gained a purely international character. This study aims to analyze those new interactions and relationships between firms, which of them succeed and the role corporate social responsibility plays in such a context. Taking into account the complex level of the existing interrelationship between agents and countries where they operate, it becomes difficult to accurately depict the company’s culture, its values, and beliefs; as shown in Figure 1.
    [Show full text]
  • 1H13 Business Report
    1H13 Business Report I. Corporate Overview □ Affiliates As of end-1H 2013, Samsung Group had a total of 77 domestic affiliates. Compared to end-2012, two new affiliates (Jung-ahm Wind Power, and Sungkyunkwan University Dormitory) were added and six (SECRON, SEHF Korea, SB LiMotive, GES, Idea Company Prog, Top Cloud Corporation) were excluded. Among Samsung Group’s 77 affiliates, 17 including Samsung Electronics are listed, and 60 are unlisted. (As of June 30, 2013) No. of affiliates Name of affiliates Samsung C&T, Cheil Industries, Samsung Electronics, Samsung SDI, Samsung Techwin, Samsung Life Insurance, SEMCO, Samsung Heavy Industries, Listed 17 Samsung Card, Hotel Shilla, Samsung Fire & Marine Insurance, Samsung Securities, S1, Samsung Fine Chemicals, Samsung Engineering, Cheil Worldwide, Credu, Samsung Everland, Samsung Petrochemical, Samsung SDS, Samsung General Chemicals, Samsung Total Petrochemicals, Samsung Lions, SERI, STECO, Samsung Thales, SEMES, Living Plaza, Samsung Corning Precision Materials, Samsung SNS, Samsung Electronics Service, Samsung Electronics Logitech, Hantok Chemicals, Global Tech, CVnet Corporation, Care Camp, Allat Corp., SECUI.com, Wealthia.com, Open Tide Korea, Samsung Futures, 365Homecare, Samsung Venture Investment Corporation, Samsung Asset Management, Saengbo, Samsung Claim Unlisted 60 Adjustment Service, Anycar Service, World Cyber Games, SD Flex, Gemi Plus Distribution, Samsung Bluewings, HTSS, RAY, Songdo Land Mark City, S- Core, S1 CRM, Open Hands, S-EnPol, Samsung Medison, Samsung Biologics, Miracom Inc., Samsung Life Service, SMP, STM, SSLM, SU Materials, Colombo Korea, Samsung Display, Samsung Bioepis, Nuri Solution, Samsung Corning Advanced Glass , Natural 9, Daejung Offshore Wind Power, SERICEO, Samsung Real Estate, Jung-ahm Wind Power, Sungkyunkwan University Dormitory Total 77 ☞ Refer to 『□ Affiliates』 in 『III.
    [Show full text]
  • Samsung Electronics Is Established, Beginning Its Journey for the Future of Samsung and Korea
    “Change everything.” – Kun-Hee Lee This book is about It is about those who have pioneers. come before us, who served as catalysts to our ascent. Both inside and outside Samsung. It is about those who come to work for us, who see the world in a different way, and envision a future that is nothing like today. It is about those who lead us to a higher level by sharing their vision and inspiration. 2 3 Enter the Pioneers A look back on our 75-year history 1 5 Beginnings In 1938, in the midst of Japanese colonial rule, Byung-Chull Lee establishes Samsung, planting a seed of hope that begins to germinate in the gloomy period. A A MARCH 1938 Samsung begins as a small trading company selling dried fish, vegetables, and fruit. B NOVEMBER 1965 Samsung Foundation of Culture is formed to preserve and promote the brilliant achievements of Korean traditional art. C JANUARY 1969 Samsung Electronics is established, beginning its journey for the future of Samsung and Korea. B C 1 5 The big idea E F Taking over from his father, Kun-Hee Lee becomes Chairman of Samsung in 1987. With his entrepreneurship, he dives into uncharted waters and lays the groundwork for Samsung’s corporate transformation. D MARCH 1988 E JANUARY 1990 Kun-Hee Lee succeeds his father as Chairman Samsung starts a Regional Specialist Program in and announces the “Second Foundation” of the order to train our employees to become leaders company, directing Samsung’s growth toward of globalization. becoming a world-class enterprise.
    [Show full text]
  • Visual Materials
    Visual materials You can find reproducible visual materials in the press forum at www.bosch-presse.de/pressebilder/bpk10. All photographs can be reproduced free of charge provided they are furnished with the credit “Photo: Bosch.” Board of Management of Robert Bosch GmbH Chairman Deputy Chairman p Franz Fehrenbach p Dr. Siegfried Dais Members p Dr. Bernd Bohr p Dr. Rudolf Colm p Dr. Volkmar Denner p Gerhard Kümmel p Dr. Wolfgang Malchow p Peter Marks p Uwe Raschke p Peter Tyroller Visual materials | 1 Automotive Technology Gasoline Systems As the leading automotive supplier, Bosch believes that the internal-combustion engine will continue to be the dominant automotive powertrain over the next 20 years. Despite this, Bosch is also working intensively on the electrification of the powertrain. p 2-GS-16485 p 2-GS-16444 p 2-GS-16445 The electric motor develops power in a minimum of space. It In the Electric Vehicles and performs two functions: as a motor, it allows electric driving Hybrid Systems business unit, over short distances; as a generator, it feeds braking energy some 500 Bosch specialists are back into the battery. currently developing solutions both for hybrid applications and for purely electric driving. The SB LiMotive joint venture’s first major order was to supply lithium-ion battery cells for installation in BMW’s Megacity Vehicle. The company was established by Bosch and Samsung SDI in 2008, and currently employs some 500 associates. p 2-GS-16446 p 2-GS-16447 At the Stuttgart-Feuerbach At the Stuttgart-Feuerbach location, SB LiMotive location, SB LiMotive associates associates test a battery assemble a lithium-ion battery in the climate chamber.
    [Show full text]
  • 3Q13 Business Report
    3Q13 Business Report 1. Corporate Overview □ Affiliates As of end-3Q 2013, Samsung Group had a total of 77 domestic affiliates. Compared to end-2012, two new affiliates (Jung-ahm Wind Power, and Sungkyunkwan University Dormitory) were added and six (SECRON, SEHF Korea, SB LiMotive, GES, Idea Company Prog, Top Cloud Corporation) were excluded. Among Samsung Group’s 77 affiliates, 17 including Samsung Electronics are listed, and 60 are unlisted. (As of September 30, 2013) No. of affiliates Name of affiliates Samsung C&T, Cheil Industries, Samsung Electronics, Samsung SDI, Samsung Techwin, Samsung Life Insurance, SEMCO, Samsung Heavy Industries, Samsung Card, Hotel Listed 17 Shilla, Samsung Fire & Marine Insurance, Samsung Securities, S1, Samsung Fine Chemicals, Samsung Engineering, Cheil Worldwide, Credu, Samsung Everland, Samsung Petrochemical, Samsung SDS, Samsung General Chemicals, Samsung Total Petrochemicals, Samsung Lions, SERI, STECO, Samsung Thales, SEMES, Living Plaza, Samsung Corning Precision Materials, Samsung SNS, Samsung Electronics Service, Samsung Electronics Logitech, Hantok Chemicals, Global Tech, CVnet Corporation, Care Camp, Allat Corp., SECUI.com, Wealthia.com, Open Tide Korea, Samsung Futures, 365Homecare, Samsung Venture Investment Corporation, Samsung Asset Management, Saengbo, Unlisted 60 Samsung Claim Adjustment Service, Anycar Service, World Cyber Games, SD Flex, Gemi Plus Distribution, Samsung Bluewings, HTSS, RAY, Songdo Land Mark City, S-Core, S1 CRM, Open Hands, S-EnPol, Samsung Medison, Samsung Biologics, Miracom Inc., Samsung Life Service, SMP, STM, SSLM, SU Materials, Colombo Korea, Samsung Display, Samsung Bioepis, Nuri Solution, Samsung Corning Advanced Glass , Natural 9, Daejung Offshore Wind Power, SERICEO, Samsung Real Estate, Jung-ahm Wind Power, Sungkyunkwan University Dormitory Total 77 ※ Gemi Plus Distribution was excluded as of October 8, 2013 ☞ Refer to 『□ Affiliates』 in 『III.
    [Show full text]
  • The Bos Creatin
    Global image campaign Fairness Initiative Think ahead. Get to the bottom of The Bosch Vision Determination things. Work together – worldwide. Creating value – sharing values Future focus Openness Result focus A shared way of thinking, a secure grasp of the corporate Legality principles, and values that are translated into action Trust Annual Report 2011 combine to create the foundation for global success at Technology Reliability Bosch. It is values and principles like these that guide Credibility our more than 300,000 associates worldwide, enabling As a leading technology and services company, we take advan- them to develop innovative and benefi cial solutions and tage of our global opportunities for a strong and meaningful Cultural diversity products on a daily basis. development. Our ambition is to enhance the quality of life with Responsibility solutions that are both innovative and benefi cial. We focus on our core competencies in automotive and industrial technologies as well as in products and services for professional and private use. We strive for sustained economic success and a leading market If we want to work success- Mobility Solutions | Energy & Building Technology | Automation & Control | Consumer Goods | Healthcare position in all that we do. Entrepreneurial freedom and fi nancial fully as a team in a globalized and complex world, then we independence allow our actions to be guided by a long-term need a common image of perspective. In the spirit of our founder, we particularly demon- the future for our company. strate social and environmental responsibility — wherever we do This image – this vision – business. helps us bring our strategic thinking into clear alignment.
    [Show full text]
  • Bosch Today the Bosch Vision Creating Value – Sharing Values
    Bosch today The Bosch Vision Creating value – sharing values As a leading technology and services company, we take advantage of our global opportunities for a strong and meaningful development. Our ambition is to enhance the quality of life with solutions that are both innovative and beneficial. We focus on our core competencies in auto­ motive and industrial technologies as well as in products and services for professional and private use. We strive for sustained economic success and a leading market position in all that we do. Entrepreneurial free­ dom and financial independence allow our actions to be guided by a long­term perspective. In the spirit of our founder, we particularly demonstrate social and environ­ mental responsibility — wherever we do business. Our customers choose us for our innovative strength and efficiency, for our reliability and quality of work. Our organizational structures, processes, and lead­ ership tools are clear and effective, and support the require ments of our various businesses. We act accord­ ing to common principles. We are strongly determined to jointly achieve the goals we have agreed upon. As associates worldwide, we feel a special bond in the val­ ues we live by – day for day. The diversity of our cultures is a source of additional strength. We experience our task as challenging, we are dedicated to our work, and we are proud to be part of Bosch. Contents 4 The Bosch Group at a Glance 5 Key Data 6 The Business Year 2011 10 Technology and Innovation 18 Automotive Technology 24 Industrial Technology 28 Consumer Goods and Building Technology 32 Our Responsibility 38 Robert Bosch Stiftung 40 The Bosch Group in Germany 42 The Bosch Group in Europe outside Germany 44 The Bosch Group outside Europe 46 Milestones in Company and Product History 50 Management 51 How to Contact us Cover illustration The tree symbolizes the balance between business and technological interests on the one hand and social and environmental interests on the other.
    [Show full text]
  • 1H12 Business Report
    1H12 Business Report I. Corporate Overview □ Affiliates As of end-1H 2012, Samsung Group had a total of 84 domestic affiliates. Compared to end-2011, 8 new affiliates (Colombo Korea, Saengbo real estate investment company #1, Idea Company Prog, Samsung Bioepis, Samsung Display, Top Cloud Corporation, Samsung Corning Advanced Glass, LLC., Nuri Solution) were added and two (Samsung LED, Medison Healthcare) were excluded. Among Samsung Group’s 84 affiliates, 17 including Samsung Electronics are listed, and 67 are unlisted. (As of June 30, 2012) No. of affiliates Name of affiliates Samsung C&T, Cheil Industries, Samsung Electronics, Samsung SDI, Samsung Techwin, Samsung Life Insurance, SEMCO, Samsung Heavy Industries, Samsung Card, Hotel Listed 17 Shilla, Samsung Fire & Marine Insurance, Samsung Securities, S1, Samsung Fine Chemicals, Samsung Engineering, Cheil Worldwide, Credu, Samsung Everland, Samsung Petrochemical, Samsung SDS, Samsung General Chemicals, Samsung Total Petrochemicals, Samsung Lions, SERI, STECO, Samsung Thales, SEMES, Living Plaza, Samsung Corning Precision Materials, Samsung SNS, Samsung Electronics Service, Samsung Electronics Logitech, SECRON, Hantok Chemicals, Global Tech, CVnet Corporation, Care Camp, e Samsung International, Allat Corp., SECUI.com, Wealthia.com, Open Tide Korea, Samsung Futures, 365Homecare, Samsung Venture Investment Corporation, Samsung Asset Management, Saengbo, Samsung Claim Unlisted 67 Adjustment Service, Anycar Service, World Cyber Games, S-LCD Corporation, SD Flex, SEHF Korea, Gemi Plus Distribution, SB LiMotive, Samsung Bluewings, Samsung Mobile Display, HTSS, Bonavie, RAY, Songdo Land Mark City, S-Core, GES, S1 CRM, EXE C&T, Open Hands, S- EnPol, Samsung Medison, Samsung Biologics, Miracom Inc., Samsung Life Service, Prosonic, SMP, STM, SSLM, SU Materials, Colombo Korea, Idea Company Prog, Samsung Display, Samsung Bioepis, Saengbo real estate investment company #1, Top Cloud Corporation, Nuri Solution, Samsung Corning Advanced Glass Total 84 ☞ Refer to 『□ Affiliates』 in 『III.
    [Show full text]
  • Annual Report 2013 – Magazine 2
    Annual Report 2013 – Magazine 2 24 17:15 hours What do we mean by “Invented for life”? Come with us on a journey to myriad desti- nations, each of which illustrates a different answer to this question. Over the course of 24 hours, we meet men and women who use or develop products and services for the benefit of millions of people worldwide. Most people have no idea how many times each day they come into contact, directly and indirectly, with Bosch Group technology. Mobility, security, heat, and food – these are just a few of the many areas in which we’re active. 19:38 Day for day and hour for hour, people and technology work in symbiosis to create tan- gible benefit. This happens at many different points across the globe. Join us for a glimpse behind the scenes, and share the enthusiasm of nearly 300,000 Bosch associates united in 13:02 the pursuit of a common goal: to come up with technology that, in improving quality of life, is “Invented for life.” www.bosch.com/en/stories 3 Protecting hand and driving force Versatile technology for everyday life 4 Copper – crucial for connectivity 10 14:41 Living tomorrow’s mobility today 12 A guardian angel on board The fight against organized crime goes high-tech 16 Dramatic open heart surgery The new stage control system at Vienna’s Burgtheater 20 Undercover operation hits the right note Bosch sound design in Schwieberdingen 26 Training for life Power tools experts share their knowledge – and learn a lot in the process 28 We want to save thousands of lives Motorcycle stability control defuses critical
    [Show full text]
  • Electronic Materials (Overweight)
    December 1, 2011 Industry Report Electronic Materials (Overweight) Daewoo Securities Co., Ltd. More attractive than downstream industries Will Cho +822-768-4306 Initiate coverage with Overweight rating [email protected] We initiate our coverage on the electronic materials sector, presenting an Overweight rating. The industry is noteworthy, as: 1) electronic materials makersÊ earnings are relatively insensitive to IT market conditions since their products are necessary for downstream manufacturing, and 2) companies in the sector can actively adapt to new IT paradigms thanks to their strong technology scalability. As such, when the IT market is in a down cycle, electronic materials shares tend to outperform semiconductor, LCD, and IT parts shares. Korean electronic materials companies to enter a boom Korean electronic device makers have become increasingly competitive in key IT segments (e.g., semiconductors, LCDs, and rechargeable batteries). And the growing market dominance of Korean electronic device makers should play a critical role in boosting the competitiveness of domestic electronic materials suppliers on the back of localization and vertical integration. In addition, the Korean government seems committed to supporting the local production of materials going forward in an effort to adjust the trade imbalance with Japan. Furthermore, F/X rates look favorable. Rises in the US$/W rate have positive impacts on KoreaÊs export-driven IT industry, and yen appreciation should boost the price competitiveness of Korean electronic materials companies. Top picks: Duksan Hi-Metal, Cheil Industries, and OCI Materials Among electronic materials segments, AMOLED materials appears to be the most attractive in light of the strong growth potential of the related downstream industry, high barriers to entry, and further room for market share expansion.
    [Show full text]