SK Telecom

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Retail Asia26/10/2018

SK Group is reevaluating its business models in a bid to ensure that all of its affiliates create social value along with economic value. SK Chairman Chey Tae-won and the heads of all SK affiliates discussed ways to renew their business models so that doing business leads to increasing benefits for the public as well as […]

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Retail Asia22/10/2018

SK Group is reevaluating its business models in a bid to ensure that all of its affiliates create social value along with economic value. SK Chairman Chey Tae-won and the heads of all SK affiliates discussed ways to renew their business models so that doing business leads to increasing benefits for the public as well as […]

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Retail Asia17/10/2018

SK Telecom has developed a new IoT-based solution which allows farmers to monitor the health of their cattle in real-time using Semtech’s LoRa devices and wireless radio frequency technology (LoRa Technology). Dubbed “LiveCare”, the product is a LoRa-equipped biocapsule which is implanted into a cow’s gastrointestinal tract to monitor a variety of health indicators. The new service […]

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Retail Asia05/10/2018

SK Telecom will develop artificial intelligence-based (AI) hospitality services for the Paradise Hotel Busan, the mobile carrier said Wednesday. The company hopes to use its AI technology to improve various hospitality services offered at the hotel, located near Busan’s famed Haeundae Beach. It will start by placing the latest version of its voice-powered smart speaker […]

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Retail Asia24/09/2018

Korea’s top navigation apps have released their projections on the best and worst times to travel from Seoul to the provinces for the Chuseok harvest holiday. The three-day Chuseok holiday starts on Sunday, but the government granted a substitute holiday on Wednesday, as Sunday is already a day off. The Chuseok holiday season is considered […]

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Retail Asia18/09/2018

SK Telecom said Monday it commercialized a next-generation WiFi service that is four times faster than existing services at key areas with dense traffic, including COEX in southern Seoul. The new technology offers a maximum of 4.8 gigabits per second (Gbps) data speeds, which is about four times faster than the WiFi service commercialized in […]

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Retail Asia10/07/2018

Two of Korea’s three major telecom carriers are presumed to have posted weaker earnings for the April-June period from a year earlier, industry watchers said Sunday, apparently on increased mobile user discounts and changed financial reporting standards. According to the data compiled by market tracker FnGuide, SK Telecom, the country’s largest telecom network operator, is […]

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Retail Asia02/07/2018

Sunday marked the 30th anniversary of the launch of the first mobile phone in Korea, which kick-started an industry that would redefine the country’s economy. Korea Mobile Telecommunications, which later changed its name to SK Telecom, launched the Motorola DynaTAC 8000S on July 1, 1988. It worked using a method called advanced mobile phone service, […]

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Retail Asia26/06/2018

South Korean mobile carrier SK Telecom has announced a US$449 million investment into a subsidiary’s e-commerce platform, 11Street Shopping Mall. In a decision yet to be approved by shareholders, SK will use the investment, sourced from the H&Q Korea private equity fund, to establish a new business entity. An SK spokesperson said that further reshuffling […]

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Retail Asia12/06/2018

SK Telecom invested 10 billion won ($9.2 million) in mobile video content provider Make Us, the company said Monday. Local start-up Make Us creates video clips related to various categories including music, food, travel and beauty and distributes them through its own channels on Facebook and YouTube. Korea’ largest mobile carrier hopes to use the […]

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Retail Asia10/05/2018

SK Telecom has partnered with Macquarie to fully acquire domestic security service firm ADT Caps for 1.276 trillion won ($1.18 billion), the South Korean mobile giant announced. SK Telecom will buy 55% stake in Siren Holdings Korea, the company that holds 100% stake in ADT Caps, for 702 billion won ($650.7 million), while Macquarie will […]

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Retail Asia28/11/2017

Construction work on Apple Korea’s first flagship store in Seoul is set to be completed just before Christmas. On a 1300sqm site in fashionable Sinsa-dong, the two-storey Apple Store will feature an exterior glass wall. “The construction work that started in August is expected to be completed by December 23,” says a construction agency official, […]

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Retail Asia08/11/2017

SK Telecom has reported a 4.7% year-on-year increase in revenue for the third quarter to 4.44 trillion won ($3.99 billion), on the back of a solid performance across the operator’s core segments. Net profit surged 146.2% year-on-year to 793 billion won due to higher gains on the operator’s equity method investment in chipmaker subsidiary SK Hynix. Mobile service […]

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Retail Asia22/09/2017

SK Telecom has announced the completion of a successful test run of a self-driving vehicle in public as part of its foray into the autonomous and connected vehicle segment. During the test run, the operator’s self-driving car traveled 26 kilometers in real world traffic conditions at a speed of up to 80 kilometers per hour. […]

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Retail Asia08/09/2017

SK Telecom has announced the launch of a new in-car virtual assistant combining its T Map mobile navigation app with its NUGU artificial intelligence platform. The T Map x NUGU AI-based navigation service enables drivers to use their voice to activate existing navigation and new AI-based services. The platform is designed to allow drivers to […]

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Retail Asia14/08/2017

SK Telecom has developed and trialed a new 5G repeater as part of its preparations towards launching a commercial 5G network. The repeater has been applied to the operator’s 5G trial network near Gangnam Station in Seoul to provide denser coverage. It has been built with SK Telecom’s independently developed 5G relay technology to solve […]

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Retail Asia31/07/2017

SK Telecom more than doubled its net profit during the second quarter due to factors including a record performance at chipmaker SK Hynix. The operator reported a net income of 620.5 billion won ($555.06 million), up 113.2% year-on-year. Revenue meanwhile grew 1.8% to 4.35 trillion won and operating income increased 3.9% to 423.3 billion won. […]

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Retail Asia26/07/2017

SK Telecom has developed a prototype of an ultra-compact quantum random number generator (QRNG) chip configured with entropy source and a deterministic random bit generator (DRBG). A QRNG generates true random numbers without any kind of pattern, meaning that it is ideal for use in cryptography. However, so far, the cost and size of QRNGs […]

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Retail Asia30/06/2017

SK Telecom, Samsung and Nokia have jointly conducted a 5G trial demonstration using the 3.5-GHz frequency band. The operator worked with Samsung to develop a 3.5-GHz 5G end-to-end network comprising a 5G virtualized core, virtualized RAN, distributed baseband and radio unit and test device based on the 3GPP 5G new radio (NR) standards established so […]

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Retail Asia20/06/2017

SK Telecom has announced it has developed and successfully tested a quantum repeater over a 112km pilot fiber network. The repeater can dramatically extend the distance of quantum communication, and could pave the way for the application of quantum cryptography to commercial LTE networks. Quantum cryptography is the most secure form of communications equipment known […]

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