The HBPO plant in Asan City, Korea, was opened. In a traditional, Korean ceremony, representatives from HBPO and our client Ssangyong inaugurated the plant KR 2. Asan City is located about 100 kilometers south of Seoul. Our client Ssangyong is located in Pyeongtaek. The start of production is set for January 2015 and a total of 90,000 front-end modules will be produced annually. The operations manager in Pyeongtaek is Hojin Seong.