On July 7th, Topoint Technology (TWSE:8021) announced that it plans to establish a subsidiary in Thailand to diversify its production bases and meet long-term market trends and customer demands.

In June, Topoint Technology's revenue was NT$226 million, a decrease of 32.09% year-on-year. However, the company is taking steps to adapt and expand its global reach in response to the challenges of a changing market.

About Topoint Technology 

Founded in 1996, Topoint Technology is a leader in the field of drills for printed circuit boards (PCB) manufacturing process. With technological innovation as its competitive advantage, Topoint is committed to the development and manufacture of precision micro-drills for PCB manufacture. 

Topoint is headquartered in Taiwan and currently employs approximately 2,100 people worldwide. It has drill & router factories in China and Taiwan; has multiple drilling service plants in Taiwan and China. In addition, there are service offices in Japan、South Korea, and Vietnam to provide immediate business and technical support nearby. Topoint listed on the Taiwan Stock Exchange in January 2008(TWSE: 8021).