SK Telecom, Facebook to Launch Start-Up Incubator for Telecom Equipment | Be Korea-savvy

SK Telecom, Facebook to Launch Start-Up Incubator for Telecom Equipment


 

(image: KobizMedia/Korea Bizwire)

(image: KobizMedia/Korea Bizwire)

SEOUL, Nov. 3 (Korea Bizwire)SK Telecom Co., South Korea’s top mobile carrier, and Facebook Inc. will set up a start-up incubator in South Korea early next year to encourage people to launch start-ups for telecom equipment, company officials said Thursday.

Details of the planned incubator, which will be established during the first quarter of next year, were presented during a conference held at Facebook’s headquarters this week, SK Telecom said.

The planned facility is part of Facebook’s Telecom Infra Project, which was announced in February this year by co-founder Mark Zuckerberg.

The project is aimed at creating so-called “open source hardware” for the telecom industry. Members of the project include SK Telecom, Intel and Nokia.  

Facebook decided to set up the start-up incubator in South Korea, given the country’s advanced telecom and Internet infrastructure, SK Telecom said.

(Yonhap)

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>