SEOUL ELECTRONICS & TELECOM is a Korea-based company mainly engaged in the development, manufacture and sale of transformers and other electrical products. The Company and its subsidiaries provide transformers, alternating current (AC) adaptors, battery chargers, switching transformers and switched-mode power supplies (SMPSs), image sensors and touch screens, as well as transformer materials and others. The Company distributes its products within domestic market and to overseas markets. On July 30, 2014, it sold its entire stake in ione. On August 7, 2014, it sold its entire shares of BOWON LIGHT METAL Co., Ltd.