[Asia Economy Reporter Yoo Byung-don] HandySoft announced on the 20th that it will cease operations of its inefficient Network Business Division due to poor business performance.
The Network Business Division's sales amounted to 17.8 billion KRW, accounting for 42.3% of total sales.
The company stated, "We will focus our capabilities on our core Software Business Division and new businesses to improve the profit structure."
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