Speaking of Korean manufacturers of smartphones and mobile electronics, we almost always mean Samsung and LG, however, until recently, the third largest player in the local market remained Pantech. Since last year, the company pursues a series of financial setbacks, and if you believe Korean mirror resource ZDNet, recently lenders and investors turned to the competent authorities with a demand to expose Pantech assets for sale. Applications from candidates will be accepted until October 7th.
Among the possible buyers mentioned Korean telecom operator SK Telecom, as well as major competitors in the face of Samsung and LG, or automotive company Hyundai Motor Group. However, it is not clear what assets might be interested Pantech two other Korean manufacturers of smartphones. If we talk about foreign producers, the Indian Micromax has already shown interest in the shares of Pantech this spring. Chinese company Lenovo, Huawei and Xiaomi can also act as buyers Pantech, because this acquisition will allow them to gain access to the very closed to outsider in South Korea. Related Products :
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