SEOUL, Feb. 10 (Korea Bizwire) — South Korea’s corporate watchdog said Wednesday it has approved a move by SK Telecom Co.’s mobility spinoff to launch a taxi-hailing joint venture with Uber Technologies Inc. T Map Mobility, wholly owned by SK Telecom, the country’s biggest mobile carrier, plans to set up a taxi-hailing joint venture with [...]
SEOUL, Feb. 3 (Korea Bizwire) — SK Telecom Co., South Korea’s largest mobile carrier, said Wednesday it shifted to a net profit in the final quarter last year on the back of growing users on the 5G network and increased equity gains. Net income stood at 371 billion won (US$333 million) in the October-December period, [...]
SEOUL, Feb. 1 (Korea Bizwire) — SK Telecom Co., South Korea’s largest wireless carrier, said Monday it will release Facebook Inc.’s latest virtual reality (VR) device, the Oculus Quest 2, as the telecom operator seeks to expand its presence in the local VR market. The mobile carrier said it will offer the device in South [...]
SEOUL, Jan. 28 (Korea Bizwire) — SK Telecom Co., South Korea’s top wireless carrier, said Thursday it has joined hands with local defense company Hanwha Systems Co., Korea Airports Corp. and the Korea Transport Institute to speed up development of urban air mobility (UAM) services. Last year, South Korea unveiled its plan to commercialize UAM [...]
SEOUL, Jan. 26 (Korea Bizwire) — SK Telecom Co., South Korea’s largest mobile carrier, has upgraded its mobile app-based DNA testing service in a bid to remain at the forefront of the personal customized healthcare market. The subscription-based service, named care8 DNA, was introduced by the company last year. SK Telecom said Monday that it [...]
SEOUL, Dec. 24 (Korea Bizwire) — SK Telecom Co., South Korea’s top wireless provider, said Thursday it has partnered with Amazon Web Services Inc. (AWS) to launch the country’s first 5G edge cloud service. The business-targeted service, named SKT 5GX Edge, provides users ultra-low latency for data-intensive services by connecting to AWS Wavelength Zones installed [...]
SEOUL, Dec. 22 (Korea Bizwire) — SK Telecom Co., South Korea’s largest mobile carrier, said Tuesday it has partnered with Samsung Electronics Co. and Kakao Corp., the country’s top mobile messenger operator, to develop an artificial intelligence (AI) platform to help combat the COVID-19 pandemic. The telecom operator said the three companies formed a joint [...]
SEOUL, Dec. 3 (Korea Bizwire) – South Korea’s top mobile carrier SK Telecom Co.’s CEO Park Jung-ho was appointed as the vice chairman of its chipmaking affiliate SK hynix Inc., SK Group said Thursday, in a move to boost the companies’ efforts in new tech businesses. SK Group, the country’s third-largest conglomerate, announced the new [...]
SEOUL, Dec. 1 (Korea Bizwire) — South Korean mobile carriers are merging their tech subsidiaries and consolidating new businesses to boost synergy as they search for new growth drivers beyond their telecommunication operations. Telecom giant KT Corp. announced it will merge its digital content distribution and television commerce subsidiary KT Hitel Co. and its mobile [...]
SEOUL, Nov. 27 (Korea Bizwire) — SK Telecom Co., South Korea’s top mobile carrier, said Friday it will merge its security subsidiaries by the end of the first quarter of next year, in its latest move to boost business synergy. SK Telecom said its subsidiary Life and Security Holdings, which wholly owns physical security firm [...]