They wanted them to resell the Microsoft Word software. This was because Microsoft wanted to stop Hancom from producing Hangul. To add to this, Microsoft (the company that had 15% market penetration in office suite software) offered $20 million USD to Hancom. Software piracy, the Asian financial crisis, and bad company management had almost got it bankrupt. At that time, the company was facing bankruptcy because of various reasons. The history of Hancom is very remarkable. That is to say, The first software that this company created was Hangul, which was native word processing software for the Korean language. Hancom is an office suite software developer in South Korea. Moreover, first things first, to understand the term, let’s break it into its constituents. Hence, if you are using a Samsung or an LG device, chances are that this package is pre installed in your phone. Some of the companies include Samsung and LG. Frankly speaking, these products are more widely used than Hancom office products.Īs a result, this package is found pre-built in almost all of the android devices manufactured in South Korea. Even WPS Office products are popular among Android users.
The office suite products provided by well known tech giants like Google, Microsoft are mostly used.
From its name, you are well aware of the fact that it is a package name that deals with the Hancom Office suite.
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