Daesung Hi-Tech Co., Ltd. manufactures and sells precision parts for industrial machines in South Korea and internationally. Its products include spindles, index couplings, collets, gears, tool holders, bearings, valves, and other precision components. The company also offers compact machining centers for electric vehicle battery cases, motors, and module parts; Swiss-turn automatic lathes; and organic Rankine cycle waste heat recovery power generation products under the Thermapower brand. In addition, it supplies metal cutting and hobbing machines, IT parts such as foldable hinges, and semiconductor equipment, exporting to the United States, Japan, and Germany. Founded in 1995, it is headquartered in Daegu, South Korea.