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  History of Tovay  
       
       
       
       
    On Oct. 5th 1996, Tovay was born as TopView Precision Instruments Co., Ltd.  
     
       
 
    China's achievement  
 
    China is more than just a market with a real economic growth rate in excess of 7 percent. The country is also one of the strongest manufacturing locations in the world. China today already has a big number of people working in research – some 900,000 – and produces ten times the number of university graduates in core engineering disciplines.  
 
    Industry forecasts are unanimous in predicting that, by 2010, China will be the foremost manufacturer of electronic components among the world's newly industrialized countries, and is likely to have a share of around 14 percent in the world market – greater, even, than Western Europe. This not only explains why many new big companies are emerging in China, it also underscores that any company wishing to compete effectively in the international marketplace has to operate in China.  
 
    Our manufacturing units play an active role of our respective national economies and societies. We offer attractive jobs, we train young people, and we pay taxes. At the same time, we form part of a global company and, as such, we are subject to Tovay's Principles and Business Conduct Guidelines. Among other things, these principles and guidelines require that we apply high standards in our customers, supplier and employee relationships.  
 
 
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