SK Telecom Co., Ltd. Sponsored ADR Stock News

SK Telecom is trading at a very low valuation, with a Price/Earnings ratio of ~10x and a dividend yield of ~6.5%, despite being the market leader in South Korea. The company is investing in artificial intelligence startups such as Anthropic and Perplexity, and collaborating with them to improve services, increase operational efficiency, and develop new revenue streams. SK Telecom boasts a solid...

MILPITAS, Calif.--(BUSINESS WIRE)---- $PENG #AI--Penguin Solutions today announced the closing of the previously announced strategic investment of SK Telecom (NYSE: SKM), an affiliate of SK Group.

South Korea is in turmoil and several stocks are taking a hit. The post South Korea's President Declares Martial Law, Says Nation On 'Edge Of Collapse'; Korean Stocks Fall appeared first on Investor's Business Daily.

SK Telecom Co., Ltd. (NYSE:SKM ) Q3 2024 Earnings Conference Call November 6, 2024 ET Company Participants Hee Jun Chung - Investor Relations Yang Seob Kim - Chief Financial Officer Conference Call Participants Seung Woong Lee - Yuanta Securities Soojin Kim - Mirae Asset Securities Hoi Jae Kim - Daishin Securities Hee Jun Chung Good afternoon.

- On the second day of the SK AI Summit 2024, SK Telecom introduced Aster(A*), an AI-driven personal assistant designed for global users - Aster is designed as an 'Agentic AI,' which goes beyond answering simple queries by understanding user intentions to set goals and complete tasks - SK Telecom plans to collaborate with global search providers, LLM developers, and third-party applications to ...

There are positive indicators relating to the company's new AI offerings and its core wireless services business. SK Telecom's Q2 2024 operating profit increased significantly by +16% YoY with an improvement in the competitive environment and the success of cost optimization measures pertaining to its mobile telecommunications business. SKM's AI revenue contribution has the potential to grow su...

SAN JOSE, Calif.--(BUSINESS WIRE)--Lambda, the AI developer cloud, today announced a partnership with South Korea's largest mobile telecommunications company, SK Telecom (SKT). Amid increasing demand for AI infrastructure in South Korea, the partnership with SK Telecom represents a key step in Lambda's vision to bring its AI Cloud to engineers across the world. “SKT shares in our vision to make...

6G is the sixth generation of cellular technology. The tech will be a massive leap forward from 5G, its predecessor, and will have ultra-high speeds (up to 500 times faster than 5G).