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SK Telecom Q3 Net Profit Down 66.7 pct After Spinoff of Chip Biz

SK Telecom Q3 Net Profit Down 66.7 pct After Spinoff of Chip Biz

SEOUL, Nov. 10 (Korea Bizwire) — SK Telecom Co., South Korea’s largest wireless carrier, said Thursday its third-quarter net profit dropped 66.7 percent from a year earlier due mainly to last year’s spinoff of its semiconductor businesses. The company logged a net profit of 245.6 billion won (US$180.4 million) on a consolidated basis in the [...]

SK Telecom to Develop Virtual Power Plant System

SK Telecom to Develop Virtual Power Plant System

SEOUL, Sept. 29 (Korea Bizwire) — SK Telecom, South Korea’s No. 1 wireless carrier, said Wednesday it had signed an agreement with SK Energy Co., the Korea Electrotechnology Research Institute (KERI), 60 Hertz and Soft Berry to develop virtual power plant (VPP) technology. A virtual power plant refers to a network of decentralized power generators [...]

SK Telecom Introduces Virtual Human Sua to Promote AI Assistance Platform

SK Telecom Introduces Virtual Human Sua to Promote AI Assistance Platform

SEOUL, Sept. 26 (Korea Bizwire) — SK Telecom Co., South Korea’s No. 1 wireless carrier, on Monday introduced a virtual human model to promote its artificial intelligence (AI)-based assistance platform. The female virtual model, named Sua, developed by 3D graphics development company Onmind Inc., will make its debut as an SK Telecom model in commercials [...]

SK Telecom Develops AI-based Pet Dog Diagnostics Platform for Veterinarians

SK Telecom Develops AI-based Pet Dog Diagnostics Platform for Veterinarians

SEOUL, Sept. 25 (Korea Bizwire) – SK Telecom Co., South Korea’s No. 1 wireless carrier, said Sunday it has developed an artificial intelligence (AI)-based diagnostics platform to assist veterinarians in treating injured pet dogs. The web-based service, named X Caliber, was developed using big data and diagnostics videos in cooperation with five universities, including Kangwon [...]

SK Telecom’s 5G Download Speed Ranks No. 1 Among Global Telecos

SK Telecom’s 5G Download Speed Ranks No. 1 Among Global Telecos

SEOUL, Sept. 23 (Korea Bizwire) — SK Telecom Co., South Korea’s largest wireless carrier, ranks No. 1 in terms of download speed of 5G networks, an industry report showed Friday. According to global mobile industry tracker Opensignal, the average download speed using SK Telecom’s 5G network was recorded at 469.6 megabits per second (Mbps), 2.55 [...]

SK Telecom, Hanwha UAM Consortium Partners with Jeju Province for Air Taxi Project

SK Telecom, Hanwha UAM Consortium Partners with Jeju Province for Air Taxi Project

SEOUL, Sept. 14 (Korea Bizwire) — An urban air mobility (UAM) consortium led by SK Telecom Co. and Hanwha Systems Co. said Wednesday it has partnered with the Jeju Special Self-Governing Province to launch an air taxi pilot program on South Korea’s southern resort island. The K-UAM Dream Team Consortium, comprising the two companies and [...]

SK Telecom Q2 Net Income Down 67.6 pct After Spinoff of Chip Biz

SK Telecom Q2 Net Income Down 67.6 pct After Spinoff of Chip Biz

SEOUL, Aug. 9 (Korea Bizwire) — SK Telecom Co., South Korea’s largest wireless carrier, said Tuesday that its second-quarter net profit dropped 67.6 percent from a year earlier due mainly to last year’s spinoff of its semiconductor businesses. The company logged a net profit of 258.1 billion won (US$197.7 million) on a consolidated basis in [...]

SK Telecom in Talks to Launch Metaverse Service ifland in N. America, Europe

SK Telecom in Talks to Launch Metaverse Service ifland in N. America, Europe

SEOUL, July 13 (Korea Bizwire) — SK Telecom Co., South Korea’s largest mobile carrier, said Wednesday it was in talks with major overseas telecom operators to start rolling out its metaverse platform ifland in North America, Europe and other regions later this year. The announcement was made a day ahead of the one year anniversary [...]

SK Telecom, SK hynix to Transfer Chip and AI Know-how to Universities

SK Telecom, SK hynix to Transfer Chip and AI Know-how to Universities

SEOUL, July 8 (Korea Bizwire) — SK Telecom Co., South Korea’s largest wireless carrier, said Thursday that it will launch a program with its chipmaking affiliate SK hynix Inc. to share their practical knowledge and know-how in the areas of semiconductors and artificial intelligence (AI) with local universities. The two companies will establish an online [...]