TRW Wins Chassis Controller Business; Continues The Evolution of Safety Systems Electronics
LIVONIA, Mich., Nov. 22, 2010 /PRNewswire/ -- TRW Automotive Holdings Corp. (NYSE: TRW), the global leader in active and passive safety, has won its first contract to supply an integrated Driver Assist System (DAS) and chassis control unit for a major European car manufacturer. TRW will begin to supply the control units, known as the Safety Domain ECU or SDE, in 2013 for 2014 model year applications.
The SDE integrates a number of chassis, suspension and driver assist system control functions and has the flexibility and processing capacity to integrate software from both the supplier and third parties including the vehicle manufacturer, using AUTOSAR as a basis. Initial SDE functions targeted for this contract include control and arbitration of several DAS and active safety systems. One important enabler for these advanced safety functions is the FlexRay communication bus that allows high speed data transmission.
Martin Thoone, vice president engineering for TRW Global Electronics, explained: "Integration of control functions for driver assist and other active safety systems – in a single unit – enables a reduction in system complexity and weight; standardization of the other chassis controller modules; and allows for enhanced system performance through shared data processing."
In addition to the SDE controller, other advanced safety electronics integration is planned for the vehicle platforms involved. This encompasses integration of the inertial measurement unit for Electronic Stability Control (ESC) into the Airbag Control Unit (ACU), while overall control of the Electric Park Brake system will take place within the ESC electronic control unit.
Thoone added: "As a safety electronics specialist, TRW is leveraging its knowledge of active and passive safety systems and has formulated a strategic roadmap for electronics integration. This contract confirms our direction and is a great example of how TRW is seeking to optimize cost and performance while maintaining high reliability standards. As safety and chassis electronics continue to evolve we plan to be at the forefront of development for mature and emerging markets."
About TRW
With 2009 sales of $11.6 billion, TRW Automotive ranks among the world's leading automotive suppliers. Headquartered in Livonia, Michigan, USA, the Company, through its subsidiaries, operates in 26 countries and employs over 60,000 people worldwide. TRW Automotive products include integrated vehicle control and driver assist systems, braking systems, steering systems, suspension systems, occupant safety systems (seat belts and airbags), electronics, engine components, fastening systems and aftermarket replacement parts and services. All references to "TRW Automotive", "TRW" or the "Company" in this press release refer to TRW Automotive Holdings Corp. and its subsidiaries, unless otherwise indicated. TRW Automotive news is available on the internet at www.trw.com.
Forward-Looking Statements
This release contains statements that are not statements of historical fact, but instead are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. We caution readers not to place undue reliance on these statements, which speak only as of the date hereof. All forward-looking statements are subject to numerous assumptions, risks and uncertainties which can cause our actual results to differ materially from those suggested by the forward-looking statements, including those set forth in our Report on Form 10-K for the fiscal year ended December 31, 2009 (our "Form 10-K") and our Form 10-Q for each of the quarters ended April 2, July 2, and October 1, 2010, such as: any shortage of supplies adversely affecting us; commodity inflationary pressures adversely affecting our profitability or supply base; disruptions in the financial markets adversely impacting the availability and cost of credit negatively affecting our business; any further material contraction in automotive sales and production adversely affecting our results, liquidity or the viability of our supply base; pricing pressures from our customers adversely affecting our profitability; the loss of any of our largest customers materially adversely affecting us; costs of product liability, warranty and recall claims and efforts by customers to adversely alter contract terms and conditions concerning warranty and recall participation; costs or liabilities relating to environmental, health and safety regulations; strengthening of the U.S. dollar and other foreign currency exchange rate fluctuations impacting our results; any increase in the expense of our pension and other postretirement benefits or the funding requirements of our pension plans; risks associated with non-U.S. operations, including foreign exchange risks and economic and political uncertainty in some regions; work stoppages or other labor issues at our facilities or at the facilities of our customers or suppliers; assertions by or against us relating to intellectual property rights; the possibility that our largest stockholder's interests will conflict with our or our other stockholders' interests; and other risks and uncertainties set forth in our Form 10-K and in our other filings with the Securities and Exchange Commission. We do not undertake any obligation to release publicly any update or revision to any of the forward-looking statements.
SOURCE TRW Automotive Holdings Corp.
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