Business Model of Innovalues Innovalues, headquartered in Singapore, is founded in 1997 and listed in 2001 on the Singapore Stock Exchange. It is a precision component supplier in 2 different business segments; (i) automotive   and (ii) office automation. It has factories in Malaysia, China and Thailand. Since its automotive unit generated 80% of FY2014 revenue, this initiation report will concentrate largely on this sector. Innovalues produces components for end-products such as sensors that are mainly used for vehicular safety systems, with an emphasis on energy-saving and environmental-protection functions.  For instance, Innovalues produces the cylindrical metal housing of engine oil control valves. These valves are used to calibrate the amount of gasoline and oxygen entering the engine piston chamber where they are mixed together.

Diagram 1: Innovalues produces metal housing for engine oil control valve

Innovalues supplies to Tier 2 clients such as Sensata and Hilite, who in ......