Kionix sells MEMS to Korean auto supplier

Feb. 12, 2003 — Kionix Inc. will supply MEMS accelerometers to Kefico Corp. of South Korea for electronic control systems designed for the automotive industry, according to a news release.

The high-performance accelerometers will become part of a vehicle control technology system by Kefico that will be sold to a global supplier of automotive systems. Terms of the deals and the identity of the supplier were not disclosed.

Kionix is an Ithaca, N.Y.-based MEMS designer and manufacturer. Kefico, based in Seoul, is a joint venture of the Hyundai Motor Co., Robert Bosch GmbH and Mitsubishi Electric Corp. for making and selling engine and transmission management systems.

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