The Timken Company is a global technology leader in engineered bearings and industrial motion, employing about 19,000 people across 45 countries and reporting $4.6 billion in sales in 2025. Timken develops high‑reliability magnetic encoder systems—including the AEC‑Q100 qualified MPS160 multiplying encoder ASIC—that deliver optical‑class resolution (programmable multiplying up to 160×), quadrature outputs to 200 kHz/channel (800 kHz data rate), and robust operation from -40°C to +125°C while tolerating shock, vibration and contamination—qualities critical for automotive systems. The compact MPS160 is optimized for off‑axis integration in tight motor envelopes (used in electric power steering) and supports SPI/SSI for absolute-over‑phase commutation, self‑diagnostics and low‑power modes, enabling OEMs and Tier‑1s to achieve precise speed/position feedback with higher system reliability and competitive cost compared with optical solutions.