Press Release
The new leader in 'All-in-one' Home Automation linking home and outer world.
Hyundai Telecommunication Co., Ltd. - INOVA
C.E.O. Lee, Nae-Heun
Hyundai Telecom is the leading company in the home network business that is now being under limelight for being the most prospective next-generation industry.
It became independent in 1998 where it was only a small department producing video door phone in Hyundai Electronics(HYNIX) and it's already one of the leaders of home network business. The sales amount that was only 10 million USD at the beginning has leapt to 66.4 million USD last year end.
The company explains of its achievement as being a result of severe quality development under its C.E.O. Lee, Nae-Heun's strong leadership, the former CEO. of Hyundai Engineering & Construction Co., Ltd as well as expanding the role of marketing.
Right now, the focus of Hyundai Telecommunication Co., Ltd is on Home Automation & Home Network business. Hyundai Telecom has affiliated itself to LG Electronics, KTF, Kyung Dong Boiler, Rinnai, CAPS and has not only developed system to control all kinds of home appliances through PDA, home pad, mobile phone, PC, TV etc but also has shown voice recognition control technology. It also showed its will to open up the horizon to the overseas market by establishing a local corporation in Japan last February.
INOVA is its brand name for the home automation products. It has been modified from the English word 'innovation' meaning change so as to show and put in its will for innovation and endless transformation. imazu is its brand name for the home network products which has been combined from the phrase 'Imagine Zenithal Union' and has the meaning of linking home and the outer world into one.
The spokesman of Hyundai Telecom. said, "We are preparing to launch various marketing events so as to stress imazu and INOVA as our 'the brand'" and also that they are planning to propel a very aggressive brand marketing to reach its goal 'apartments with the products of Hyundai Telecom. tend to become more expensive' not excluding the technical effort.
The Korea Economic Daily
Hyundai Telecommunication Co., Ltd. - INOVA
C.E.O. Lee, Nae-Heun
Hyundai Telecom is the leading company in the home network business that is now being under limelight for being the most prospective next-generation industry.
It became independent in 1998 where it was only a small department producing video door phone in Hyundai Electronics(HYNIX) and it's already one of the leaders of home network business. The sales amount that was only 10 million USD at the beginning has leapt to 66.4 million USD last year end.
The company explains of its achievement as being a result of severe quality development under its C.E.O. Lee, Nae-Heun's strong leadership, the former CEO. of Hyundai Engineering & Construction Co., Ltd as well as expanding the role of marketing.
Right now, the focus of Hyundai Telecommunication Co., Ltd is on Home Automation & Home Network business. Hyundai Telecom has affiliated itself to LG Electronics, KTF, Kyung Dong Boiler, Rinnai, CAPS and has not only developed system to control all kinds of home appliances through PDA, home pad, mobile phone, PC, TV etc but also has shown voice recognition control technology. It also showed its will to open up the horizon to the overseas market by establishing a local corporation in Japan last February.
INOVA is its brand name for the home automation products. It has been modified from the English word 'innovation' meaning change so as to show and put in its will for innovation and endless transformation. imazu is its brand name for the home network products which has been combined from the phrase 'Imagine Zenithal Union' and has the meaning of linking home and the outer world into one.
The spokesman of Hyundai Telecom. said, "We are preparing to launch various marketing events so as to stress imazu and INOVA as our 'the brand'" and also that they are planning to propel a very aggressive brand marketing to reach its goal 'apartments with the products of Hyundai Telecom. tend to become more expensive' not excluding the technical effort.
The Korea Economic Daily