Nomura upgraded SK Telecom from Reduce to Neutral
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/8/2024 | Reduce → Neutral | Nomura |
SGH plans to use the capital from SKT's investment to enhance SGH's capabilities and add to the Company's financial flexibility as SGH further expands the scope and scale of its Penguin Solutions branded end-to-end AI factory offerings. SKT's current AI-related investments and partnerships include Anthropic, Lambda, and Perplexity. Along with these investments, a partnership and investment with SGH will advance SKT's goals in the AI value chain across these three pillars: AI semiconductor, AI infrastructure and AI services.
Through the partnership, SK Telecom and Swift designed, deployed, and are jointly operating a carrier-grade network to deliver Swift's Skylark® Precise Positioning Service across Korea. Skylark is a cloud-based service that improves the positioning accuracy of standard GNSS by up to 100x – from several meters down to just a few centimeters. It's a critical component in more than 8 million connected and autonomous vehicles and devices, including ADAS-enabled and autonomous cars, unmanned aerial aircraft, vehicle tracking solutions, and robotic equipment.
Swift Navigation ("Swift"), a market leader in precise positioning technologies for automotive, IoT, and mobile applications today announced its partnership with SK Telecom (NYSE:SKM, "SKT"))))) to accelerate the deployment of AI-powered, location-based products in Korea. Through the partnership, SK Telecom and Swift designed, deployed, and are jointly operating a carrier-grade network to deliver Swift's Skylark® Precise Positioning Service across Korea. Skylark is a cloud-based service that improves the positioning accuracy of standard GNSS by up to 100x – from several meters down to just a few centimeters. It's a critical component in more than 8 million connected and autonomous vehicles a
- 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 enhance Aster's functionalities for North American users SEOUL, South Korea, Nov. 4, 2024 /PRNewswire/ -- SK Telecom (NYSE:SKM) today unveiled 'Aster(A*)', an artificial intelligence (AI)-driven personal assistant tailored for global users, at the SK AI Summit 2024. Aster, presented on the second day o
- SK Telecom signs agreements in Malaysia, Thailand and Vietnam to supply 'X Caliber', its AI-based veterinary diagnosis service, as demand for pet care grows SEOUL, South Korea , July 29, 2024 /PRNewswire/ -- SK Telecom (NYSE:SKM, ", SKT", ))) announced today that it has signed agreements to supply its artificial intelligence (AI)-based veterinary diagnosis assistant, 'X Caliber', to three major Southeast Asian markets, including Malaysia, Thailand and Vietnam. The signing ceremony was held at Federation of Asian Small Animal Veterinarian Association (FASAVA) Congress 2024, one of the biggest veterinary events in Asia Pacific region. This year, the event was hosted in Kuala Lumpur, Malays
SMART Global Holdings, Inc. ("SGH") (NASDAQ:SGH), a leading designer and developer of high-performance, high-availability enterprise solutions, today announced that SK Telecom ("SKT") (NYSE:SKM), an affiliate of SK Group, is making a $200 million preferred equity investment in SGH. SGH plans to use the capital from SKT's investment to enhance SGH's capabilities and add to the Company's financial flexibility as SGH further expands the scope and scale of its Penguin Solutions branded end-to-end AI factory offerings. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240715061470/en/(L to R) Ryu Young-sang, CEO of SKT, and Mark Adams,
SMART Global Holdings, Inc. ("SGH") (NASDAQ:SGH), a leading designer and developer of high-performance, high-availability enterprise solutions, today announced that SK Telecom ("SKT") (NYSE:SKM), an affiliate of SK Group, is making a $200 million preferred equity investment in SGH. SGH plans to use the capital from SKT's investment to enhance SGH's capabilities and add to the Company's financial flexibility as SGH further expands the scope and scale of its Penguin Solutions branded end-to-end AI factory offerings. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240715061470/en/(L to R) Ryu Young-sang, CEO of SKT, and Mark Adams,
6-K - SK TELECOM CO LTD (0001015650) (Filer)
6-K - SK TELECOM CO LTD (0001015650) (Filer)
6-K - SK TELECOM CO LTD (0001015650) (Filer)
Nomura upgraded SK Telecom from Reduce to Neutral