"There were more than 30 software firms (in 1990), and we are the only one who survived," said the 55-year-old CEO, noting that the company does not see other local small players as much of a "competition" but rather a "symbiosis." In the South Korean market, the market share of Hancom Office is 30 percent, which Lee says is an "impressive" number as the company provides alternatives to Microsoft Office products. with 3.8 percent, Google with 2.6 percent and Hancom with 0.4 percent. Microsoft controls 90.8 percent of the global market in terms of sales, followed by Adobe Systems Inc. "I believe that Microsoft and Hancom will continue to compete." "Microsoft and Hancom are the only players in the industry that produce web offices, mobiles, desktops and cloud," said CEO Lee Won-pil in an interview with Yonhap News Agency. giant Microsoft, which produces the vast majority of operating systems for personal computers, by expanding its business in recent years. The company has stood as a competitive and viable rival here to the U.S. Hancom, founded in 1990 by industry mogul Lee Chan-jin as a venture company, is well-known among South Koreans with its mainstay word processing computer software created for the Korean language. giant in the near future on the back of strong presence in the local market and its push to diversify its business portfolio, its CEO said Monday. aims to fight neck-and-neck with the U.S. currently leads the global software market, but South Korean software maker Hancom Inc.
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