TTM's Collaboration in Developing Full Display Mirrors for Automotive Applications

Consumer interest in advanced driver assistance system ("ADAS") features and the growing availability of commercial solutions drive significant growth in the passenger car market; according to McKinsey analysis, ADAS and autonomous driving ("AD") technologies are expected to generate between US$300 billion and $400 billion by 2035. The demand for Full-Display Mirrors ("FDM") in the automotive industry is increasing due to advancements in ADAS technologies, indicating potential for future innovation. A key player in the FDM market with a high market share globally, mainly serving top Japanese Original Equipment Manufacturers ("OEM"s), is a Tier-2 automotive supplier in Michigan. Collaborating with this Tier-2 automotive supplier, TTM Technologies ("TTM") is focused on developing cutting-edge technologies for automotive use, particularly in FDM for ADAS and navigation systems. It aligns with the industry's move towards autonomous driving, convenience, and enhanced connectivity.

As one of the best providers of printed circuit boards and electromechanical components to automotive manufacturers, TTM has strong technical capabilities and stays abreast of the latest technologies and trends in automotive electronics. Focusing on manufacturing engineering, TTM streamlines production processes, decreases lead times and offers cost-effective solutions.

Challenges - Product Cost Management, Time to Market, and Flexibility

TTM addresses customers' challenges in product cost management by offering highly efficient tests to optimize manufacturing processes and suggest cost-effective materials and techniques. It also provides expertise in reliability and materials to further reduce costs. Time to market is another challenge, and TTM offers New Product Introduction ("NPI") launch support to ensure efficient product launches by streamlining production processes and reducing lead times. Additionally, TTM provides high-level Field Application Engineering ("FAE") support to address flexibility concerns by customizing solutions to meet specific customer requirements.

The Advantage of TTM Technologies - Empowering Automotive Innovation Together

TTM's collaboration with customers has led to significant advancements in automotive technology. It has introduced innovative technologies such as 12-layer HDI technology and advanced impedance control, which enhance the performance of Full-Display Mirrors and other automotive electronics. These upgrades have improved product functionality and reliability.

TTM's innovative approach, customer commitment, and expertise in automotive technology make it a valuable partner in delivering cutting-edge solutions for the automotive industry. Its collaboration on developing Full Display Mirrors demonstrates its ability to address challenges like product cost management, time to market, and flexibility while driving innovation in ADAS and navigation technology.

###