History of Nintendo card business reached its saturation point. Japanese households stopped buying playing cards, and the price of Nintendo stock fell from 900 yen to 60 yen. In 1965, Nintendo hired Gunpei Yokoi as a maintenance engineer for the assembly line. However, Yokoi soon became famous for much more than his ability to repair conveyor belts. Nintendo struggled to survive in the Japanese toy industry; it was still small at this point, and dominated by already well-established companies such as Bandai and Tomy. Because of the generally short product life cycle of toys, the company always had to come up with new
S-TEC Corporation S-TEC Corporation S-TEC Corporation is a United States corporation that was founded in 1978 and is headquartered in Mineral Wells, Texas. It manufactures flight control systems for the General Aviation aftermarket and for a number of original equipment manufacturers. S-TEC is the leader in the general aviation autopilot market for small- and mid-sized planes. Genesys Aerosystems has a number of forward-fit autopilot customers including Pilatus, Indonesian Aerospace, Epic Aircraft, and Aviat Aircraft. Their latest autopilot, the S-TEC 3100, has earned Supplemental Type Certificate (STC) on over 100 aircraft models . Meggitt acquired S-TEC and S-TEC Unmanned Technologies (SUTI) for $24