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Insight into the market identify the gaps
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Insight into the market identify the gaps
Editor’s note: In the past year for Jeon Hajin his life is undoubtedly the most significant a turning point. More than a year ago, when he was recruited from the Silicon Valley to South Korean Hangul and Computer Co’s Chief Executive Officer, the company is still a borrowed bank loans and are unable to repay a number of companies. However, under his leadership, the company has become an eye-catching Internet stocks. Therefore, he himself became nobodies from an investment in the country’s most acclaimed operator. He said the change in only his fortune to become Asia’s leading network service provider first step.
Recently, Jeon Hajing accepted an article by a freelance writer in Seoul, an interview with the U.S. and Britain, spoke of how he guided the company out of the predicament and the company’s future development.
How do you make the company back to life?
We rely on about 70 million South Korean people’s capital injection. Their national campaign to save the software Hagul generosity. In order to advance the networking industry, we have 99 years in March was 700 million in foreign capital, 99 years was also obtained from the TVG had 2,200 million U.S. dollars.
Why do you accept the TVG money?
We have chosen TVG Group (Telecom Venture Group) as a partner because it is optimistic about the potential for us to be Internet companies, and the company has ties with China, such as CNK Telecom. The company is a Hong Kong venture capital firm, and now owns 7% of our shares.
How do you make use of 2,000 million U.S. dollars?
We use part of the funds named Netffice built a network of office systems, built in the Asian market called Unified Messaging Service e-mail service system, also purchased a number of companies.
What is your vision?
I want to make our company in Asia to become a major China-based network service provider. As we Hangul software into the network office systems, I intend to m
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