Pantech's been mustering all it's got to win folks over with its smartphones, but poor business performance has prompted Park Byeong-yeop, the firm's founder and current vice chariman, to resign. Despite Samsung's recent $50 million investment, the firm's taking additional measures to solve its financial woes, which weren't eased by disappointing smartphone sales and a $46 million operating loss in Q2 2013. The Korean manufacturer is asking approximately mega_shok.gif0 employees -- roughly a fourth of its workforce -- to take a voluntary, unpaid leave of absence for six months. If the outfit's circumstances haven't improved by the end of that period, it plans to ask another mega_shok.gif0 folks to swap places with those on leave. Tough times are ahead for camp Pantech, but here's hoping the fiscal belt-tightening changes the state of its coffers.


Filed under: Cellphones, Mobile


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Via: Ameblo (translated)


Source: Yonhap News


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