Neo Technical System Co., Ltd. Information

Neo Technical System Co., Ltd is a Korea-based company engaged in the manufacture of drills and routers used in semiconductor and automobile industries. The Company operates its business under two segments: micro bit segment and shaft segment. The micro bit segment produces router bits, which are used for cutting printed circuit boards (PCBs); end mill bits, which are used for grinding cut sections, and micro drill bits, which are used for drilling holes on PCBs. The shaft segment produces shafts used as gear shafts for automobile power window motors. It also produces direct current motors such as geared motors, gate geared motors, generators and hydraulic motors, as well as other related components for cutting machines. During the year ended December 31, 2007, micro bit segment accounted for approximately 74% of the total sales.