Pantech
I wouldn’t be surprised if Pantech is the next Korean mobile handset
maker to fall. It’s a fact the industry is undergoing consolidation in
attempts to fight the major players. Pantech bought SK Telecom’s handset division, SK Teletech or otherwise known as SKY. SKY phones are recognized for the innovative design styles. Note: SKY phones are available through Helio in the US. Already in decline and having had
numerous layoff rounds, Pantech did however score a key contract with
Nokia providing CDMA handsets for the US market. This was at the time
Nokia called off the to-be JV with Sanyo. Also, LG’s mobile division is
reportedly also having difficulties although its Chocolate phone is in
high demand in Europe and the soon-to-be US markets.
Time will only tell.
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