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May 5, 2014
09:15 EDTGOMOSungy Mobile establishes JV in South Korea
Sungy Mobile announced that it has entered into an agreement with Teddy Hoon-Tack Jung, the Chairman of iHQ Inc., an entertainment company in Korea, to form a joint venture company, GO Launcher Korea. The joint venture will allow Sungy Mobile to indirectly leverage iHQ's rich entertainment resources and extensive experience with marketing and promotional campaigns, further enhancing GO Launcher products' competitiveness by promoting launcher themes and associated merchandise. Sungy Mobile's innovative solutions and user base will enable the joint-venture to further penetrate and capitalize on the rapidly growing South Korean market. Jung will serve as the CEO of GO Launcher Korea.
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