Sinji JVC was a 50/50 joint venture between Phoenix Commercial Ventures Ltd and the Taegyong Economic Group, which reports to directly to the Cabinet. Phoenix’s share in the company was sold to a third party in November 2010.
Sinji (pronounced “shinjee”) was a lieutenant of Tangun, the first king of Korea in around 3,000 BC, and his mission was to relay communications between the king and his people. In the absence of a written script, he invented one. Sinji dates from ancient history, all Koreans will recognise the name. Sinji symbolises the human intellectual, and he can be considered to be the original Korean IT developer.
Nigel Cowie, a director of Phoenix Commercial Ventures Ltd, was Chairman of the board of Sinji and Ken Frost was also on the board.
Sinji was established in 2005. Its main areas of operations are:
- Retail (consumer electronics, household necessities)
- Software (eg the innovative web based e-learning platform, learnwithelsi)
- Artificial flower manufacturing for export
- SKD assembly/retail: Renewable energy products (eg small capacity wind turbine generators)
Sinji is happy to provide competitive quotes for writing bespoke software applications, irrespective of the size of the assignment or location.