SEOUL, July 17 (Korea Bizwire) — SK Holdings Co. said Friday it has invested an additional 100 billion won (US$83 million) in Chinese copper foil manufacturer Lingbao Wason Copper Foil in the latest move to solidify its electric vehicle (EV) battery business. The move came 15 months after the holding firm of South Korean energy [...]
SEOUL, May 11 (Korea Bizwire) — SK Holdings Co., the holding firm of South Korean energy and telecoms conglomerate SK Group, said Monday it has invested in Singapore’s Hummingbird Bioscience in the latest move to secure technology for antibody-based medicines. SK Holdings said it has participated as a major investor in the investment worth about [...]
SEOUL, Feb. 24 (Korea Bizwire) — SK Holdings Co., the holding firm of South Korean conglomerate SK Group, ranked No. 1 among all stocks listed on the main bourse in terms of conversion prices, the Korea Exchange (KRX) said Sunday. The conversion price of SK Holdings was 6,775,000 won (US$6,022) based on Friday’s closing price [...]
SEOUL, Apr. 16 (Korea Bizwire) — SK Holdings Co. on Monday showcased a new human resources solution that utilizes artificial intelligence (AI) technology, allowing clients to simplify the process of reviewing resumes. The company said the program, “Aibril HR,” will be utilized by the local recruitment service provider Scout. Under the cooperation, the two companies [...]
SAN MATEO, Calif., Mar. 6 (Korea Bizwire) — Aryaka®, the leading global SD-WAN provider, today announced that SK Holdings will provide Aryaka’s global SD-WAN solution to enhance global connectivity and application performance for enterprises with offices and sites in South Korea. The partnership will enable SK Holdings to provide global enterprises with significantly faster and more consistent [...]
SEOUL, Dec. 22 (Korea Bizwire) – SK Holdings is increasingly pursuing shareholder-friendly polices, including an e-voting system, in a move to improve shareholder value and help satisfy all the interested parties including customers, stockholders and society. According to SK Holdings, a plan to introduce an electronic voting system next year was passed during a board [...]
SEOUL, Dec. 19 (Korea Bizwire) – SK Holdings Co., the holding firm of South Korean energy and telecoms conglomerate SK Group, said Tuesday that it has received US$10 million in dividends from Eureka Midstream, a U.S. midstream energy company. SK Holdings said the profit is a dividend for the fourth quarter of 2017 and said [...]
SEOUL, Nov. 6 (Korea Bizwire) – SK Holdings Co., the holding firm of South Korean energy and telecoms conglomerate SK Group, said Monday that it has decided to invest a combined US$60 million in two North Americanfashion brands in a bid to diversify its revenue sources. SK Holdings said it will make the investment in Canada-based Mackage and U.S.-based fashion firm Alice+Olivia. The latest deal follows the purchase of a stake in a Chinese meat-processing firm last month. SK Holdings did not reveal the [...]
SEOUL, May 10 (Korea Bizwire) – U.S. tech giant IBM Corp. said Monday it plans to release the Korean-language edition of its flagship artificial-intelligence (AI) program next year, and join ties with SK Holdings C&C to tap deeper into the South Korean market. Under the plan, IBM will provide the Korean-language edition of the IBM [...]
“Currently, Korea’s IT market is stagnant and multiple players are sharing the limited market. We, SK C&C, will restructure the ICT industry ecosystem through M&As among domestic players or international cooperation, and will lead the change in business environment.” “If we integrate ICT convergence technologies into Korea’s advanced ICT services in other industries, we can [...]