Pantech Chairman to Step Down, Company Plans Furloughs
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.
The Pantech Perception is a good mid-range Android smartphone for Verizon Wireless that offers a lot of bang for the buck, including LTE 4G, an HD display, and an 8-megapixel camera.
Feb 21, 2013
Documents seen on the Federal Communications Commission reveal an unannounced handset from Pantech for Verizon Wireless. The Pantech Perception is a monoblock Android smartphone that the FCC confirms supports LTE 4G in addition to CDMA and GSM for roaming, and Wi-Fi and Bluetooth.
Apr 23, 2013
Verizon Wireless today announced that the Pantech Perception, a global Android smartphone, will go on sale beginning April 25. According to Verizon, Motion Sense is the Perception's stand-out feature.
Dec 15, 2016
Tom Wheeler, who has served as Chairman of the FCC for the past three years, announced plans to step down in January. "Serving as FCC Chairman during this period of historic technological change has been the greatest honor of my professional life," said Wheeler in a statement.
Jan 16, 2017
Prosecutors in South Korea plan to arrest Lee Jae-yong, the heir to Samsung's massive array of businesses. The special prosecutor's office is recommending Lee be charged with bribery, embezzlement and perjury, though the warrant must be approved by a Korean court before it can be served.
While not all that interesting...