Profile: Autoliv Inc (ALV.N)
26 May 2017
Autoliv, Inc., incorporated on October 1, 1996, is a supplier of automotive safety systems with a range of product offerings, including passive safety systems and active safety systems. The Company operates through two segments: Passive Safety and Electronics. The Passive safety products include modules and components for passenger and driver-side airbags, side-impact airbag protection systems, seatbelts, steering wheels, inflator technologies, whiplash protection systems and child seats, and components for such systems, as well as passive safety electronic products, such as restraint electronics and crash sensors. The Active safety products include camera-based vision systems, night driving assist, automotive radars, brake controls, positioning systems, electronic control units, and other active safety systems. As of December 31, 2016, including joint venture operations, the Company had approximately 78 production facilities in 25 countries, consisting of both component factories and assembly factories.
The component factories manufacture inflators, gas generants, initiators, textile cushions, Webbing materials, electronics, pressed steel parts, springs and overmolded steel parts used in seatbelt and airbag assembly, steering wheels and its active safety, vision and night vision systems and its other safety electronic systems. As of December 31, 2016, the products manufactured by the Company's subsidiaries consisted of approximately 149 million complete seatbelt systems (of which approximately 69 million were fitted with pretensioners), approximately 96 million side-impact airbags (including curtain airbags), approximately 51 million frontal airbag modules, approximately 18 million steering wheels, approximately 20 million electronic units (airbag control), approximately three million brake control units and approximately 10 million active safety units.
The Company competes with Microsoft, Google, Uber, Lyft, Samsung, Here, Tesla and Nvidia.
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