The world-renowned automotive sensor and controller maker Sensata Technologies Holdings (NYSE: STNYSE) issued a press release on February 11 stating that the company had completed the acquisition of Honeywell's on-board sensor (AoB) business at the end of January. .

Sensata said that the above acquisition business products include camshaft sensors, crankshaft sensors, transmission sensors, vane-type sensors and turbocharger linear position sensors and wheel speed sensors, namely the magnetic speed position sensor product family (MSP for short). In 2009, the sales of these businesses reached 100 million U.S. dollars, and it is expected to reach nearly 130 million U.S. dollars in 2010. However, Sensata did not disclose the specific purchase amount.

According to domestic authoritative statistics, the average annual growth of China's sensor sales in recent years is close to 40%, and sensor manufacturers in Europe and America, including Sensata and Thompson, have entered the Chinese market one after another and have high-end market advantages.

Sensata Technologies is a world-leading supplier of sensors and electronic protection devices. It has two major production bases in Changzhou and Baoying. Its customers include GM, Volkswagen, SAIC, FAW, Dongfeng, Chang'an, Chery, BYD, and GAC.