Pantech: Difference between revisions

'''Pantech Inc.''' ({{lang-ko|주식회사 팬택}}) is a [[South Korea]]n company that manufactures [[mobile phone]]s. Established in 1991, its market is mainly domestic with partners in the [[United States]], [[Japan]], [[China]], [[Europe]] and finally [[EuropeVietnam]]. In 2012 Pantech was the second best-selling handset maker in [[South Korea]], according to [[Gartner]]. In 2013 [[Samsung Electronics]] bought a 10% stake in Pantech.<ref>{{cite web|url= http://english.yonhapnews.co.kr/techscience/2013/05/22/2/0601000000AEN20130522005400320F.HTML|title=Samsung to buy stake in smaller local rival Pantech}}</ref> Pantech also partners with [[Personal Communications Devices|PCD]] for specialized phones.

According to a report in July 2014 from [[CNET]], Pantech is facing [[bankruptcy]] risk with a [[debt]] of $ 475 million. [2] <ref>{{https://www.cnet.com/news/korean-handset-maker-pantech-faces-bankruptcy-with-475m-debt}}</ref>. In October 2015, [[BusinessKorea]] said that Korean [[regulators]] have approved the acquisition by a domestic technology group led by Optis and Solid. 2014, Only imported in country and exported in [[Vietnam]]. [3]<ref>{{http://www.businesskorea.co.kr/news/articleView.html?idxno=12529}}</ref>