This year marks the 40th anniversary of SMK Electronics Corporation U.S.A. (SMK America), our sales subsidiary, and the 25th anniversary of SMK Electronica S.A. de C.V. (SMK Mexico), our production subsidiary. On September 19, 2013, we had an anniversary party and looked back at the histories of the two companies with 150 participants.
SMK Electronics Corporation U.S.A. started as a representative office that opened in March 1973 and was incorporated as a subsidiary in September 1973. Currently, the subsidiary is based in Chula Vista, California, with about 50 employees engaging in sales activities at seven offices including a SOHO, in the United States. SMK Electronica S.A. de C.V. was established in March 1988 in Tijuana in the state of Baja California, Mexico, and started operations in October 1988. We had expanded the factories afterward and in January 2013, those were consolidated into one location to ensure the efficient management of production. Currently, about 1,000 employees engage in the production of remote controls, control panels and other products.
Our sales to the North American market account for around 25% of total sales. The two companies that celebrated their 40th and 25th anniversaries this year have a vital role in our business development in North America.

SMK Electronica S.A. de C.V.

   SMK Electronics Corporation U.S.A.