- CEO
- Yeong-Hak Yoo
- Full Time Employees
- 56
- Sector
- Producer manufacturing
- Industry
- Industrial machinery
- Address
- Inchon South Korea
- IPO Date
- Dec 16, 2005
- Business
- Soosung Webtoon Co., Ltd. is a South Korea-based digital content and industrial machinery enterprise primarily engaged in digital comic (webtoon) production, intellectual property (IP) licensing, global platform distribution, and the manufacturing of material handling logistics equipment. The company operates through three principal business divisions: Digital Media and Content, Logistics and Material Handling Equipment, and Precision Semiconductor Parts. In its digital content division, the company offers original webtoon creation and serialization across multiple genres including fantasy, action, drama, and romance; intellectual property development, web novel visual adaptations, and character merchandising rights; global digital publication services through its proprietary distribution platforms, Toomics and Lalatoon, which deliver serialized comic content via subscription and pay-per-episode monetization models across 11 languages, including Korean, English, Japanese, Chinese, Spanish, French, German, and Italian; and artificial intelligence (AI)-assisted digital content solutions, incorporating proprietary generative illustration pipelines, automated localization workflows, and AI-driven video marketing tools. In its industrial manufacturing division, the company produces and markets a comprehensive portfolio of material handling machinery, including electric and diesel counterbalance forklifts; manual, semi-electric, and fully electric pallet trucks; walkie and ride-on reach stackers; industrial tow tractors and order pickers; hydraulic scissor lift tables, aerial work platforms, and dock levelers; custom automated material handling systems; and specialized structural components for semiconductor manufacturing equipment. The company serves global retail digital consumers as well as commercial logistics, warehousing, construction, and electronics manufacturing clients across South Korea, North America, Europe, Japan, and Southeast Asia. Founded in 1970 and headquartered in Incheon, South Korea, the company historically operated under the corporate names Soosung Co., Ltd. and Soosung Salvacion Co., Ltd. In February 2024, the company officially rebranded to Soosung Webtoon Co., Ltd. following its strategic acquisition and control under Toomics Holdings Co., Ltd., formalizing its structural transformation into a digital intellectual property powerhouse. Recent corporate developments include the full operational consolidation of webtoon production house Terapin (formerly Copin Communications) to build a vertically integrated content creation pipeline; the deployment of generative AI production tools to streamline artist rendering cycles and accelerate global localization; strategic content syndication alliances with digital platforms across East Asia; and active balance sheet restructuring initiatives and capital optimization programs designed to address short-term liquidity pressures and strengthen consolidated financial stability.