Established in 1991, its market is mainly domestic with partners in the United States, Japan, China, Europe and Vietnam.

For the U.S. market, the company primarily manufactures phones for the two largest wireless carriers, AT&T and Verizon.

Pantech launched an eco-friendly 3G messaging phone for AT&T as well as a 4G LTE Android handset for Verizon Wireless in 2012.

[2] According to a report in July 2014 from CNET, Pantech is facing bankruptcy risk with a debt of $475 million.

[3] In October 2015, BusinessKorea said that Korean regulators have approved the acquisition by a domestic technology group led by Optis and Solid.