The partnership, which will focus on thick-film, thin-film and metal-based resistors, will be registered in the UK and owned equally by both parties. Manufacturing will be based at UniRoyal’s established site in Kunshan, China, as the best-cost location benefiting from proven infrastructure and resistor manufacturing knowhow. As a result, TT UR Precision Resistors says it will be "uniquely positioned" to effectively address the electronics sector’s unprecedented and increasing demand for high-quality resistor technologies in volume at competitive price points.
TT and UniRoyal have successfully cooperated for more than a decade, producing high-quality resistors for specific target markets such as automotive, industrial automation and white goods. The new joint venture will initially produce proven, higher-volume resistors currently supplied by UR to TT, and develop new products targeted at strategic opportunities. A range of new precision resistors, in thick-film, thin-film, and metal technologies is planned, with the first new products being available in 2019. These will be distributed by both partner-companies.
“Our partner, UniRoyal, has complementary design and manufacturing strengths, and is well established in strategically important Asian markets,” said Tim Roberts EVP Sensors and Specialist Components, TT Electronics. “With the added value of TT’s advanced technical capabilities and worldwide distribution channels, we expect TT UR Precision Resistors to quickly become a leading supplier to global markets.”
