SEOUL, Feb. 9 (Korea Bizwire) — SK Telecom Co., South Korea’s largest mobile carrier, said Wednesday its fourth-quarter net profit fell 14 percent from a year earlier due mainly to its non-telecom spinoff. Net profit fell to 314.8 billion won (US$263.4 million) in the October-December period from a profit of 365.9 billion won the previous [...]
SEOUL, Feb. 9 (Korea Bizwire) — SK Telecom Co., South Korea’s largest mobile carrier, said Tuesday that it had entered into a partnership with five national universities to develop an artificial intelligence (AI)-based veterinary image diagnosis solution for pets. The solution will be designed to ensure the diagnosis of pets in a faster and more [...]
SEOUL, Feb. 7 (Korea Bizwire) — SK Telecom Co., South Korea’s top wireless carrier, said Monday it has partnered with U.S.-based Joby Aviation in developing flying cars in a move to expand its foothold in urban air mobility (UAM) services. SK Telecom said the two companies signed an agreement to form a regular consultative team [...]
SEOUL, Feb. 3 (Korea Bizwire) — SK Telecom Co. is stepping up efforts to support the growth of startups in the environment, social and governance (ESG) sector. South Korea’s largest wireless carrier announced that it extended support to a total of 14 startups last year through its ESG Korea 2021 program. The company provided a variety [...]
SEOUL, Jan. 25 (Korea Bizwire) – SK Telecom Co., South Korea’s top wireless carrier, said Tuesday it will speed up the development of urban air mobility (UAM) services. In 2020, South Korea unveiled its plan to commercialize UAM services by 2025 to help overcome urban traffic congestion by using unmanned drone taxis. Last year, SK Telecom signed [...]
SEOUL, Jan. 18 (Korea Bizwire) — SK Telecom Co., South Korea’s top mobile carrier, on Tuesday showcased NUGU Candle SE, the latest model in its artificial intelligence (AI) speaker series. Last month, the telecom operator joined hands with U.S. retail giant Amazon.com Inc. and launched NUGU Candle, an AI assistant service that supports both Korean [...]
SEOUL, Dec. 15 (Korea Bizwire) — SK Telecom Co., South Korea’s top wireless carrier, said Tuesday that it will host a ‘K-pop Festival Week’ on its virtual meeting platform ifland, where it will be live broadcasting a series of K-pop performances. The festival, which runs until Friday, is comprised of performances by popular K-pop artists from [...]
SEOUL, Nov. 10 (Korea Bizwire) — SK Telecom Co., South Korea’s top wireless carrier, said Wednesday its third-quarter net income rose 88 percent on-year thanks to growth in 5G users and equity gains. Net income stood at 736.5 billion won (US$623.3 million) in the July-September period on a consolidated basis, compared with 391.8 billion won [...]
SEOUL, Nov. 1 (Korea Bizwire) — SK Telecom Co. on Monday named the former head of its mobile network operations division Ryu Young-sang as its new CEO following the launch of its non-telecom spinoff SK Square. Ryu has been working for SK Telecom since 2000 and is known for his expertise in mergers and acquisitions, [...]
SEOUL, Oct. 12 (Korea Bizwire) — SK Telecom Co. said Tuesday its shareholders approved the company’s plan to launch a non-telecom spinoff in the latest move to make aggressive investments in new tech and semiconductor businesses. The corporate restructuring — the first since the company’s foundation in 1984 — is designed to split South Korea’s [...]