Information
42 Baetgil 1-ro, Seo-gu, Incheon, South Korea
+82 32-582-7513
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Overview
- Summary
- Soosung Webtoon Co., Ltd. is a digital content company primarily focused on operating the global webtoon platform 'Toomics' and producing AI-based webtoon content, having transitioned from its previous business as a material handling equipment manufacturer to concentrate on content and IP businessSoosung Webtoon Co., Ltd. is a digital content company primarily focused on operating the global webtoon platform 'Toomics' and producing AI-based webtoon content, having transitioned from its previous business as a material handling equipment manufacturer to concentrate on content and IP business
- Key Products/Technologies
- Operation of the global webtoon platform 'Toomics', providing services in 11 languages including English, Chinese, and Japanese [1, 12, 18, 21, 23]Operation of the global webtoon platform 'Toomics', providing services in 11 languages including English, Chinese, and Japanese [1, 12, 18, 21, 23]
- Capability for producing webtoons based on original novels and specialized in fantasy genre webtoon creation [3, 30]Capability for producing webtoons based on original novels and specialized in fantasy genre webtoon creation [3, 30]
- AI-powered video content production and marketing technology, with the adoption of AI-based webtoon production processes [10, 14, 15, 16]AI-powered video content production and marketing technology, with the adoption of AI-based webtoon production processes [10, 14, 15, 16]
- Establishment of a business structure centered on IP monetization and commercialization of webtoon characters [3, 18, 21, 23]Establishment of a business structure centered on IP monetization and commercialization of webtoon characters [3, 18, 21, 23]
- Historical manufacturing technology for various industrial material handling equipment such as electric forklifts, pallet trucks, stackers, hand pallet trucks, aerial work platforms, and industrial elevators, with a logistics business still maintained [1, 2, 6, 8, 9, 22, 25, 26, 31, 34, 35]Historical manufacturing technology for various industrial material handling equipment such as electric forklifts, pallet trucks, stackers, hand pallet trucks, aerial work platforms, and industrial elevators, with a logistics business still maintained [1, 2, 6, 8, 9, 22, 25, 26, 31, 34, 35]
- Technological diversification through semiconductor component business [1, 35]Technological diversification through semiconductor component business [1, 35]
- Core Advantages
- Global platform competitiveness with 'Toomics', securing approximately 60 million global registered users and offering services in 11 languages [1, 12, 18, 21, 23, 32]Global platform competitiveness with 'Toomics', securing approximately 60 million global registered users and offering services in 11 languages [1, 12, 18, 21, 23, 32]
- Stable global revenue structure with over 80% of total sales generated from overseas markets [1, 12, 18, 21, 23, 32]Stable global revenue structure with over 80% of total sales generated from overseas markets [1, 12, 18, 21, 23, 32]
- Innovation in content production speed and scope through AI-powered video content marketing and integration of AI into webtoon production processes [10, 14, 15, 16]Innovation in content production speed and scope through AI-powered video content marketing and integration of AI into webtoon production processes [10, 14, 15, 16]
- Stable revenue generation and profit growth based on a $7 monthly subscription model [1, 32]Stable revenue generation and profit growth based on a $7 monthly subscription model [1, 32]
- Enhanced webtoon production capabilities through its subsidiary Terrapin and an in-house system for high-quality webtoon creation [3, 10, 14]Enhanced webtoon production capabilities through its subsidiary Terrapin and an in-house system for high-quality webtoon creation [3, 10, 14]
- Proven experience in successful business transformation from material handling equipment manufacturing to electric vehicles, semiconductors, and now webtoons, demonstrating a diversified business portfolio [1, 2, 34, 35]Proven experience in successful business transformation from material handling equipment manufacturing to electric vehicles, semiconductors, and now webtoons, demonstrating a diversified business portfolio [1, 2, 34, 35]
- Target Industrie
- Digital content industry [1, 3]Digital content industry [1, 3]
- Webtoon and web novel platform industry [1, 3, 10, 12, 14, 15, 16, 18, 21, 23, 30, 32, 37]Webtoon and web novel platform industry [1, 3, 10, 12, 14, 15, 16, 18, 21, 23, 30, 32, 37]
- Entertainment industry [34]Entertainment industry [34]
- Logistics and material handling equipment industry [1, 2, 6, 8, 9, 22, 25, 26, 31, 34, 35]Logistics and material handling equipment industry [1, 2, 6, 8, 9, 22, 25, 26, 31, 34, 35]
- Semiconductor component industry [1, 35]Semiconductor component industry [1, 35]
- Major Markets
- Japan [1, 10, 12, 14, 18, 21, 23], Thailand and Southeast Asian markets [12, 18, 21, 23]Japan [1, 10, 12, 14, 18, 21, 23], Thailand and Southeast Asian markets [12, 18, 21, 23]
- English-speaking markets (AI-based webtoon 'Draco-Knight Commander' maintaining top 10 in English-speaking regions) [15], Past exports of aerial work platforms to the Americas [26]English-speaking markets (AI-based webtoon 'Draco-Knight Commander' maintaining top 10 in English-speaking regions) [15], Past exports of aerial work platforms to the Americas [26]
- Certifications/Patents
- Patent registration for electric vehicle battery charging device in 2010 (Patent No.: 1009924210000) [11, 34]Patent registration for electric vehicle battery charging device in 2010 (Patent No.: 1009924210000) [11, 34]
- ISO9001 Quality Management System certification (during its former material handling equipment business) [9, 25]ISO9001 Quality Management System certification (during its former material handling equipment business) [9, 25]
- EM (Excellent Machinery, Mechanism & Material) Mark acquisition [9]EM (Excellent Machinery, Mechanism & Material) Mark acquisition [9]
- CE Mark acquisition (during its material handling equipment business) [25]CE Mark acquisition (during its material handling equipment business) [25]
- Technological capability in AI-powered webtoon production and marketing [10, 14, 15, 16]Technological capability in AI-powered webtoon production and marketing [10, 14, 15, 16]
Introduction
Location
42 Baetgil 1-ro, Seo-gu, Incheon, South Korea
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