Sk Telecom Stock Price, News & Analysis

On April 27, 2023, SK Telecom Co., Ltd. (NYSE:SKM) submitted its Annual Report on Form 20-F for the fiscal year ending December 31, 2022 to the U.S. Securities and Exchange Commission. This comprehensive report is available for public viewing on both the company's official website and the SEC's site. Stakeholders can request printed copies of the audited financial statements and associated footnotes at no cost. The filing underscores SK Telecom's commitment to transparency and regulatory compliance, which is vital for maintaining investor confidence and corporate governance standards.

Oysterable has launched its innovative Lalaloop© AIoT resource circulation solution at MWC 2023 in Barcelona, aimed at tackling the issue of single-use plastics and waste.

The system features LalaloopID©, which tracks the lifecycle of resources, including carbon emissions and waste data, allowing users to trade carbon credits. It offers a self-serve Reverse Vending Machine (RVM) that automates recycling and rewards participation in waste reduction.

With over 12 patents secured and around 80,000 users of its app, Oysterable is poised to enhance sustainability efforts across Korea, the U.S., Europe, and Asia.

SK Telecom (NYC: SKM) held a press conference on Feb. 26, 2023, in Barcelona, outlining its vision for 'AI to Everywhere' across five key areas: Customer & Technology, Time & Space, AI Transformation (AIX) for Industries, Core Business Model, and ESG. CEO Ryu highlighted the success of their AI service 'A.', achieving 1 million subscribers in 9 months, and plans to expand features from 30 to 100. Additionally, SKT is advancing urban air mobility, autonomous driving, and its metaverse service 'ifland,' which boasts 4 million monthly active users. They aim to drive AI innovations in various industries while enhancing subscriber experience through personalized services.

On February 18, 2023, SK Telecom (NYSE:SKM, SKT) announced its participation in MWC Barcelona 2023 from February 27 to March 2. The company will showcase advancements in AI technologies, including the large language model 'A.', 'Vision AI', and 'SAPEON' AI semiconductors. SKT aims to highlight its evolution into an AI company and enhance global partnerships, with CEO Ryu Young-sang promoting collaborations in AI, metaverse, and telecommunications. The event will feature a life-scale UAM aircraft simulator and next-generation 6G technologies, emphasizing SKT's commitment to innovation and global market expansion.

On October 27, 2022, SK Broadband signed a $4 million investment commitment with Swit Technologies, aiming to enhance the global collaboration platform market. This partnership will establish a dedicated sales team, providing Swit’s services to all SK Broadband clients to facilitate digital transformation in hybrid work environments. SK Broadband's VP, Lee Bang-yeol, emphasized the opportunity for increased productivity and company culture improvement. Swit's Work OS, recognized for its scalability and ease of use, is set to lead this digital transformation in Korea.

On April 28, 2022, SK Telecom filed its Annual Report on Form 20-F for the year ending December 31, 2021 with the U.S. SEC. This report is accessible on SK Telecom's official website and the SEC's site. Investors can also request printed copies of the complete audited financial statements free of charge.

SK Telecom (NYSE:SKM) and Joby Aviation (NYSE:JOBY) have announced a partnership to launch emissions-free aerial ridesharing services in South Korea. SKT CEO Ryu Young-sang and Joby CEO JoeBen Bevirt signed a strategic collaboration agreement in Marina, California. This partnership aligns with South Korea's 'K-UAM' Roadmap for Urban Air Mobility, aiming to introduce a five-seat eVTOL aircraft with a range of 150 miles and a top speed of 200 mph. The integration of SK's T Map mobility platform with Joby's services is expected to enhance urban transportation.