ESTec Corporation is a Korea-based company mainly engaged in the manufacturing of audio equipment. The Company’s products consist of speakers and speaker components under the brand name of OEM. Its speakers are used in liquid crystal display (LCD) and plasma display panel (PDP) televisions (TVs), cars, home theaters, digital versatile disc (DVD) players, personal computers (PCs) and other electronic products. It distributes its products within domestic market and to overseas markets including Japan, the United States and others. The Company’s main clients are KIA Motors, Harman, LG Electronics, Hyundai Motors, Sony and others.