Joint Venture Companies
TEMICTELEFUNKEN
microelectronic GmbH founded
Heilbronn concerning flexible, auto•
With Mercedes-Benz Charter-
Way, we are the first leading manu•
facturer of commercial vehicles to
avail ourselves systematically of the
opportunities afforded by the
contract hire market.
mated production of 6-inch wafers
proceeded according to schedule.
Also, the setting up of a worldwide
semiconductor sales organization
was concluded.
On July 1, 1992, AEG and
Deutsche Aerospace combined their
microelectronics and vehicle
equipment activities in TEMIC TELE-
FUNKEN microelectronic GmbH,
which is based in Heilbronn. AEG
and DASA each have a 50% holding
in this company. By combining these
two companies' know-how, TEMIC is
able to offer the entire spectrum of
the microelectronics processing
chain, from semiconductor chips and
microsystems technologies to
complete-system solutions such as
ABS and the airbag. The company
comprises the following areas:
semiconductors, microsystems and
vehicle equipment.
In the microsystems and vehicle
equipments fields, the activities of
AEG and DASA were rapidly inte•
grated. The market has already
reacted positively to the expanded
capabilities of TEMIC* as is shown
for example by the increased orders
of ABS systems. In Mexico, TEMIC
carried out its first orders for vehicle
subassemblies; in the Czech Repub•
lic and Hungary, there was an
overall expansion in production
activities. At the same time, new
customers were acquired, so that the
company now has business relations
with around half of the world's 30
leading vehicle manufacturers.
Traffic Management by Intertraffic
During the year under review,
ITF Intertraffic Gesellschaft fur
integrierte Verkehrsmanage-
mentsysteme was formed, in which
all corporate units of the Daimler-
Benz group hold an interest;
Daimler-Benz Luft- und Raumfahrt
Holding AG has a stake of 50.2%,
Mercedes-Benz 25.2%, AEG 14.6%
and debis 10.0%. The new company,
under the managerial control of
DASA, encompasses the know-how
of the Daimler-Benz group in the
fields of traffic management sys•
tems, transport systems and infor•
mation technology. Intertraffic's ac•
tivities will comprise planning, con•
sultancy, design and implementation
of integrated traffic management
systems. These will be offered world•
wide for solving problems in the
field of transport by land, water and
air.
Sales of TEMIC in the first
incomplete financial year totaled
DM 0.7 billion; foreign business
accounted for 50% of this. At the
year-end, the company employed
Mercedes-Benz CharterWay -
A New Concept in Transport
11,179 people.
In the semiconductors field, it
was possible to compensate only
partially for the weakness of the
entertainment electronics market,
which has been depressed since
In the 1992 business year,
Daimler-Benz InterServices (debis)
AG and Mercedes-Benz AG estab•
lished Mercedes-Benz CharterWay
companies in Germany, Belgium,
France, the United Kingdom and the
Netherlands as joint ventures, each
with a 50% holding, for the purpose
1991. The situation was aggravated
The new company also took over
the leading role in the implementa•
tion of the traffic management sys•
tem "STORM". Interdisciplinary re•
search into resolving traffic prob•
changed over the life of the contract. lems in the Stuttgart conurbation
along with trials of new technology
have been taking place for a number
by the migration of customers for
these semiconductor products from
Europe to the Far East, as well as by of long-term leasing of commercial
falling prices, the unfavorable dollar vehicles at prices which remain un•
exchange rate and high domestic
production costs. To safeguard
TEMIC's semiconductor activities in the chassis with all superstructures
The price includes the financing of
the long term, more and more pro•
duction activities are being trans•
ferred to the Far East, especially
the Phillipines.
With its power MOS technology, plus all vehicle-dependent expenses Baden-Wlirttemberg and the City of
which leads the market, the subsid•
and attachments, service and repairs of years now in the framework of
for the complete vehicle, including
this pilot project, which was in•
the necessary vehicle management,
itiated by Daimler-Benz AG in con•
the provision of substitute vehicles,
junction with the Federal state of
such as taxes, insurance, registra•
Stuttgart.
iary Siliconix Inc., Santa Clara/U.S.A., tion and inspection fees.
achieved above-average successes;
good business was also recorded by
the affiliates Matra-MHS, Nantes/
France, and Dialog Semiconductor,
Swindon/United Kingdom. The
research activities grouped in