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SK Telecom Q1 Net Up 37.3 pct on Increased Dividends

SK Telecom Q1 Net Up 37.3 pct on Increased Dividends

SEOUL, May 10 (Korea Bizwire) — SK Telecom Co., South Korea’s largest wireless carrier, said Wednesday its first-quarter net profit jumped 37.3 percent from a year earlier thanks to increased dividend income. The company logged a net profit of 302.5 billion won (US$228.6 million) on a consolidated basis in the January-March period, down from 220.3 [...]

SK Telecom’s AI-Powered Emergency Rescue Service Reaches Over 500 Interventions

SK Telecom’s AI-Powered Emergency Rescue Service Reaches Over 500 Interventions

SEOUL, May 7 (Korea Bizwire) —SK Telecom’s AI-based emergency rescue service has been actively responding to calls for assistance. On Sunday, the telecom giant announced that the cumulative number of emergency rescue interventions linked to its ‘Emergency SOS’ service, which is powered by its AI speaker NUGU, has exceeded 500. Developed with the aim of [...]

SK Telecom Tests Self-driving Patrol Robot on Campus

SK Telecom Tests Self-driving Patrol Robot on Campus

SEOUL, March 8 (Korea Bizwire) — SK Telecom Co., South Korea’s No. 1 wireless carrier, said Tuesday it will jointly develop and commercialize a self-driving patrol robot in collaboration with its cybersecurity service subsidiary SK shieldus Co. and a robot technology company Neubility by the end of this year. The self-driving robot will patrol a [...]

SK Telecom Develops Open Robotics Platform in Collaboration with Qualcomm and Integrit

SK Telecom Develops Open Robotics Platform in Collaboration with Qualcomm and Integrit

SEOUL, Feb. 22 (Korea Bizwire) — SK Telecom Co., South Korea’s largest wireless carrier, said Tuesday it will cooperate with U.S. chipmaker Qualcomm Inc. and local robotics platform developer Integrit to develop an open-type robotics data platform. The three-party open robotics platform project aims to develop a standardized platform that can share and process data [...]

SK Telecom 2022 Net Dips 60.8 pct on Exclusion of Equity Gains from Chip Affiliate

SK Telecom 2022 Net Dips 60.8 pct on Exclusion of Equity Gains from Chip Affiliate

SEOUL, Feb. 8 (Korea Bizwire) — SK Telecom Co., South Korea’s largest wireless carrier, said Wednesday its net profit dropped 60.8 percent last year from a year earlier due mainly to the exclusion of its equity gains from its chipmaking affiliate. The company logged a net profit of 947.8 billion won (US$754.6 million) on a [...]

SK Telecom Inspects Cell Towers Using Drones and AI

SK Telecom Inspects Cell Towers Using Drones and AI

SEOUL, Feb. 1 (Korea Bizwire) — SK Telecom Co., South Korea’s largest wireless carrier, said Tuesday it developed a new cell tower safety inspection system using drones and image analysis artificial intelligence (AI). The newly-developed image analysis AI model checks the status of nuts and bolts by analyzing images taken by drones. Cell towers with [...]

SK Telecom Steps Into AI Coffee Robot Business

SK Telecom Steps Into AI Coffee Robot Business

SEOUL, Jan. 27 (Korea Bizwire) — SK Telecom Co., South Korea’s largest mobile carrier, said Thursday it is launching an unmanned coffee robot service in collaboration with local collaborative robot manufacturer Doosan Robotics Co. The robot, dubbed AI (artificial intelligence) Barista Robot, can make about 20 different types of coffee and drinks, and offers coffee [...]

SK Telecom Prevents Manhole Accidents Through IoT Technology

SK Telecom Prevents Manhole Accidents Through IoT Technology

SEOUL, Dec. 1 (Korea Bizwire) — SK Telecom Co., South Korea’s largest wireless carrier, said Wednesday it will introduce a new safety management solution in which smartphones are used to remotely monitor the risk factors of manhole accidents. The solution is a combination of TANGO, SK Telecom’s artificial intelligence (AI)-based system; cybersecurity service provider SK [...]

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 [...]