21st Century Electronics to Turn Profitable in H1 2025

21SEGIJUNPASANG, an innovative data-driven used phone distribution platform, announced the successful achievement of its break-even point in the first half of 2025, thereby establishing a solid revenue foundation and a foothold for sustaina...

Aug 19, 2025 - 00:00
 0  958
21SEGIJUNPASANG, an innovative data-driven used phone distribution platform, announced the successful achievement of its break-even point in the first half of 2025, thereby establishing a solid revenue foundation and a foothold for sustainable growth. The company analyzed that integrating the chronic fragmentation of the domestic used phone market with data technology and building a transparent and highly reliable business model were the key drivers behind this turnaround to profitability. 21SEGIJUNPASANG operates unique platform technology that links a vast inventory exceeding 50 billion won from partner companies in real-time every month, thereby resolving market inefficiencies. This data-driven, sophisticated approach has led to the standardization of used phone prices and further strengthened quality certification, thereby securing consumer trust and serving as a foundation for successfully expanding its customer base. Notably, its selection as a 'Used Device Secure Transaction Operator' by the Ministry of Science and ICT in June is a result of the government officially recognizing the reliability and transparency of the services provided by 21SEGIJUNPASANG. This aligns with the government's policy to create a healthy market environment through performance and condition certification of used devices and indicates 21SEGIJUNPASANG's plan to firmly establish its position as a market aggregator maximizing the efficiency of used phone distribution in Korea. Building upon its proven business model in the domestic market and government certification, 21SEGIJUNPASANG is now expanding its horizons to the global stage. It recently signed business agreements with leading companies in India and West Africa, laying the groundwork for its overseas expansion, and presented an ambitious goal to continuously expand its export regions in the future to become a global export hub for 'Korean-certified used phones'. Park Young-joon, CEO of 21SEGIJUNPASANG, stated, "Achieving the break-even point in the first half of the year is a result of gaining deep trust from both consumers and partner companies, based on data technology." He expressed his ambition, "Beyond being a leading company in the domestic market, we will grow into a truly global platform that supplies 'Korean-certified used phones,' recognized by the government, to the entire world."

What's Your Reaction?

Like Like 0
Dislike Dislike 0
Love Love 0
Funny Funny 0
Angry Angry 0
Sad Sad 0
Wow Wow 0