Neobike

Neobike International was originally created in 1992 as a joint-venture company formed between Euro-Tai SA of Taiwan and Brompton Bicycle Ltd of the United Kingdom.

[1] For this, Brompton loaned Neobike design plans and specialist tooling, in exchange for a per-unit royalty agreement.

[1] Unlicensed copies of the Brompton product were then imported into The Netherlands (under the name "Scoop One" and "Astra Flex V3"), into the United Kingdom (under the name "Merc") and into Spain (as the Nishiki "Oxford Bicycle").

On 2 April 2002 in Dahon vs. Hsiao, et al, five senior Neobike employees were convicted and given jail sentences for a variety of business-related offences, including patent fraud.

[2] Three employees who had previously worked in Dahon's research and development department from the late 1980s, up until the formation of Neobike International in 1992 were convicted on their violation of signed non-compete contracts.