SEOUL, March 21 (Korea Bizwire) — Popular ’90s R&B trio Solid returned with a brand new album on Wednesday, seeking to reclaim its past glory after remaining dormant for 21 years. The group held a media showcase for its new self-produced album, “Into the Light,” at the Understage in central Seoul, performing several new songs [...]
SEOUL, Sept. 18 (Korea Bizwire) — South Korea’s No. 3 handset maker Pantech, which has been struggling to normalize operations, said Friday it plans to cut nearly half of its employees. Under the plan, around 400 staff will leave the company on Oct. 23, the company said. Pantech has been on the verge of bankruptcy [...]
SEOUL, July 21 (Korea Bizwire) – The Solid-Optis consortium, which recently acquired cash-strapped handset maker Pantech, is seeking to grab a lion’s share of the Indonesian mobile communication market to revive the company. Byun Yang-kyun, chairman of Optis, a local optical manufacturer, said at the signing ceremony for its M&A contract with Pantech, “We will [...]