Posts tagged Phoenix Commercial Ventures
Phoenix regains Sinji brand name
Feb 18th
Phoenix Commercial Ventures, one of North Korea’s few domestic/foreign IT joint ventures, has reacquired rights to the Sinji brand, trademark and associated intellectual property rights, it said Monday.
Sinji was launched in 2005 as a software development company as a 50/50 joint venture with the Korea Committee for the Promotion of External Economic Cooperation (CPEEC), which reports to directly to the Cabinet.
Phoenix sold off its half stake in the business in November 2010 to an unnamed buyer.
With today’s announcement, the Sinji brand and associated rights are back in the hands of Phoenix, although the company isn’t saying what it plans to do with them.
“Phoenix Commercial More >
Hana Electronics expands
Jul 5th
Hana Electronics, one of the few DPRK-foreign joint venture companies in Pyongyang, has recently expanded the facilities at its headquarters, it said on its home page.
The company is held equally by the commercial arm of North Korea’s Ministry of Culture and Phoenix Commercial Ventures, and was established in 2003. It began manufacturing DVD and Video CD players in 2004, according to the company’s website.
The company began construction work on a headquarters building south of the Taedong River in the same year. The building is located just to the south west of the Tongil Market and Hana Electronics moved into the More >
