Welcome to our dedicated page for Sk Telecom news (Ticker: SKM), a resource for investors and traders seeking the latest updates and insights on Sk Telecom stock.
SK Telecom Co., Ltd. (NYSE: SKM) generates a steady flow of news that reflects its dual identity as a Korean telecommunications operator and an AI-focused technology company. As a wireless and fixed-line carrier, the company reports on developments in its mobile, broadband and IPTV services, while also updating investors on its financial performance and shareholder returns through periodic earnings announcements, dividend resolutions and guidance revisions filed on Form 6-K.
Recent news emphasizes SK Telecom’s efforts to place AI at the center of its business. The company has unveiled A.X K1, which it describes as Korea’s first hyperscale AI model designed as a “teacher model” for smaller and specialized applications, and Aster (A*), an AI-driven personal assistant positioned as a personal AI agent for global users. These announcements illustrate how SK Telecom is building a full-stack AI ecosystem that spans semiconductors, AI data centers, AI models and AI services.
SK Telecom’s news flow also highlights concrete AI applications in specialized domains. The company has detailed the launch and international expansion of X Caliber, its AI-based veterinary diagnostic assistant that analyzes X-ray images of dogs and cats, through agreements with partners and veterinary clinics in Australia and several Southeast Asian markets. In parallel, SK Telecom reports on its participation in initiatives such as the MIT GenAI Impact Consortium and collaborations around Aptos Ascend, a digital asset infrastructure project, underscoring its involvement in both AI research and Web3-oriented financial technology.
Investors and observers following SKM news can expect coverage of quarterly results, preliminary operating figures, dividend decisions, AI product launches, international partnerships and strategic investments in AI infrastructure companies. This mix of operational updates and technology-focused announcements provides insight into how SK Telecom is evolving from a traditional telecom operator into a company that integrates connectivity with advanced AI and digital services.
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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.
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