∙ Company Overview HIEL Co., Ltd. has developed ceramic manufacturing technology that used to produce traditional ceramics. In 1994, it transformed into a manufacturer of PTC thermistors and varistors and is growing until now. In 2003, under new company name of HIEL Co., Ltd. we made progress towards becoming the best in the world. We will develop into a company that provides differentiated and happy values to our customers by considering constant change, challenge, and innovation as our values, and all our employees work hard. We promise to strive for more innovative products and happy customer services. ∙ Our Service Hiel Co., Ltd. is a manufacturer of Varistor and PTC Thermistor and production with full attention , realization of customer’s impression, reduction of contaminants and its continuous improvements are to be basic management philosophy of our company. ∙ Our Business Policy 1. Diligent production 2. Realization of customer satisfaction 3. Decrease in pollutants & Continuing improvement 4. Contribution to local economic development