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Pantech Chairman to Step Down, Company Plans Furloughs

Article Comments  1  

Sep 25, 2013, 8:41 AM   by Eric M. Zeman   @phonescooper

Park Byeong-yeop, the vice chairman of Pantech, announced today that he will resign from his post. Park founded Pantech in 1991 and served as its leader for more than a decade. He cited the company's poor smartphone sales performance in recent years as the reason for his departure. Further, Pantech is restructuring its finances and is asking 800 employees (about 25% of its total workforce) to take a voluntary six-month leave of absence. Verizon Wireless sells the Pantech Perception, an Android smartphone. It is one of the only Pantech devices to reach the U.S. this year.

more info at YonHap News »
more info at Engadget »



This forum is closed.

This forum is closed.


Sep 26, 2013, 7:32 AM

While not all that interesting...

can't really say it's a surprise. Pantech's smartphones are some of the worst on the market. They make a decent flip phone but that's about it. They have a terrible rep and have yet to release a device that has come close to making that better at all, in fact I would say nearly every device they release only makes them worse.
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