Kim Youngdal, Chairman of IDIS Holdings
Also Serving as CEO of IDIS Powertel
[Asia Economy Reporter Cha Min-young] KT Powertel is changing its name to ‘IDIS Powertel’ and starting anew.
On the 30th, KT Powertel held an extraordinary general meeting at its headquarters in Mokdong, Seoul, to amend its articles of incorporation and confirmed the name change to ‘IDIS Powertel.’
IDIS Powertel, established in 1985, is the leading domestic two-way radio communication company and was acquired by the IDIS Group in May. The company plans to combine its two-way radio service capabilities with IDIS’s video security technology to leap beyond the domestic market and become a global enterprise.
IDIS is a security solution company with a business portfolio including video security, display, and printers. It currently operates in partnership with over 60 security companies across 34 countries.
Earlier in June, at the board meeting, Kim Young-dal, chairman of IDIS Holdings, was appointed as the new CEO of IDIS Powertel. Chairman Kim majored in computer science at KAIST and founded IDIS in 1997, developing the world’s first digital video recorder (DVR) for CCTV.
Kim Young-dal, CEO of IDIS Powertel, stated, “We will secure business competitiveness by linking IDIS Powertel’s two-way radio services with IDIS’s security and security technologies. In addition, we expect business synergies through the convergence of various technologies such as artificial intelligence (AI) and the Internet of Things (IoT).”
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
