Joyson Electronics

Joyson Electronics is a global supplier of automotive parts and intelligent vehicle technologies, specializing in electronics and safety systems, based in Ningbo, Zhejiang, China. The publicly listed company provides synchronous design solutions with automotive OEMs, including Volkswagen, General Motors, and Ford. Through strategic acquisitions, Joyson expanded its safety systems portfolio, notably acquiring Key Safety Systems in 2016 for $920 million and subsequently integrating core assets of Takata in 2018 to form Joyson Safety Systems. This subsidiary alone employs 50,000 individuals across 32 plants worldwide, contributing to combined sales exceeding $3 billion. Joyson Electronics was founded in 2004 by Wang Jianfeng. Its business model centers on publicly listed company on the Shanghai Stock Exchange, generates revenue through manufacturing and supplying automotive parts and safety systems to OEMs.