Shenzhen Carbetter was a modern high-technology company founded in 2008, specialized in car GPS navigation, car DVD multimedia player, navigations for a specific car brand and other car electronic products. The company has a powerful R&D team with 50 engineers which can design up to five new in-car DVD players per month; It also has professional expertise. It's going to become a mainstream brand in car DVD multimedia system in mainland China.

Carbetter used to be an agent for internationally renowned brands' LCD. It has built strategic cooperative partnership with Hannstar,Zoran and many other internationally known IT companies. Together with Zoran, we established a joint key laboratory to develop multimedia processing system for in-car field. We have accumulated abundant experience and extensive client network.

Carbetter has a factory which is more than 800aqm and 400 employees. R&D member represent 65 percent of the company's total employees.

The maker produces an average of 26, 000 units of such devices monthly, including car multimedia/DVD players and GPS devices. The company has a total of 300 empoyees, 20 of which are assigned in the QC department.

About $2.5 million is set aside for product development annually, representing 8 percent of total sales.

Overseas markets take up about 38.5 percent of output in the line. On average, the company ships 10, 000 units per month. Sales in the line amounted to $30 million last year, of which $14 million came from exports.

Overseas destinations were North America, Europe, the Asia-Pacific region and the Middle East.

Export revenue is forecast to increase by more than 20 percent in the next 12 months.

The company also plans to increase its annual capital expenditure by up to 50 percent.