Hicel Co., Ltd. is a Korea-based company mainly engaged in the manufacture of thin film transistor liquid crystal display (TFT-LCD) components. The Company produces back light units (BLUs) sheets, including diffuser sheets, reflector sheets, protector sheets, prism sheets and others. In addition, it is engaged in the printed electronics (PE) business, which is to define patterns on the substrate to create electrical devices, sensors, electronic circuits and others. It also involves in the leasing business. The Company distributes its products within domestic market and to overseas markets. Its main clients are LG Display, New Optics, KIMOTO, SKC and others. As of December 31, 2011, the Company had nine affiliated companies.