Pantech filed for court receivership today, which is the South Korean equivalent of declaring Chapter 11 bankruptcy. The company has seen its share of the global market drop precipitously. More importantly, it is no longer able to compete against the likes of LG and Samsung in its home market, according to The Wall Street Journal, where […]
Pantech today announced the Vybe, a quick messaging device that features both a touch screen and a slide-out QWERTY keyboard. The Vybe, which is an update to the Ease, includes a 3.2-inch 400 x 240-pixel display with three customizable home screens. The Vybe can also be put into Easy Mode, which simplifies the home screens […]
Pantech has reached out to its creditors in hopes that they’ll allow the ailing firm to restructure its debt. At the moment, Pantech owes creditors more than the entire market capitalization of the company. “Through this [debt] workout, we expect to improve Pantech’s financial status and secure a stable flow of liquidity,” said Pantech. Pantech’s […]
Pantech has expanded its Vega range with another smartphone that can read fingerprints. The Vega Secret Up has a smaller 5.6-inch 1080p display compared to the Vega Secret Note, and while it has relatively similar internal specifications, there are a few small changes to make it slightly cheaper than its recent predecessor. Camera, Fingerprint Sensor […]
AT&T recently added the Pantech Breeze IV to its lineup of inexpensive flip phones. The Breeze IV is a simple device, but offers a large 3-inch main screen with 400 x 240 pixels, and a 1.44-inch external screen with 128 x 128 pixels. The Breeze IV includes three quick-dial buttons, as well as dedicated buttons […]
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 […]
Samsung today confirmed that it has made a $48 million investment in competitor Pantech, which gives it 10% ownership of the company. “The investment is aimed at solidifying our relationship with Pantech, a key component customer of Samsung,” said the company in a statement. “Samsung will have no involvement in Pantech’s business management in any […]
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. Motion Sense allows Perception owners to answer phone calls, scroll through the contact app, flip through photo albums, or advance songs by waving their hand in […]
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. The FCC also confirms that the Pantech Perception includes NFC, and images […]
AT&T today announced the , a new smartphone that has a 4.8-inch 720p HD display and runs Android 4.0 Ice Cream Sandwich. The Discover includes a 12.6-megapixel camera with 4x zoom that can capture 1080p HD video. The Discover will be the first AT&T smartphone pre-loaded with the AT&T DriveMode application, which is meant to […]
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