SK Telecom partners with OpenAI and Samsung for data center
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 10 2025
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Should l Buy SKM?
SK Telecom Co Ltd's stock rose by 3.35% as it reached a 52-week high.
The increase in stock price is attributed to the announcement of a collaboration with OpenAI and Samsung to construct a data center in Korea, with construction set to begin in March 2026. This partnership is expected to enhance SK Telecom's capabilities in data management and cloud services, positioning the company favorably in the tech landscape.
This strategic collaboration not only boosts SK Telecom's market presence but also aligns with the growing demand for data infrastructure in the region.
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Analyst Views on SKM
About SKM
SK Telecom Co Ltd is a Korea-based company primarily engaged in the provision of wireless communication services. The Company operates the business through three segments. The Wireless Communication Business segment provides mobile phones, wireless data, information communication business. The Wireline Communication Business segment offers telephones, high speed Internet, data and network rental services. The Other segment is involved in the product sales type data broadcasting channel use business and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- AI Service Accessibility: By deploying A.X K1 through the A. (A-Dot) service, SKT intends to make advanced AI a utility for its 10 million subscribers, supporting the government's 'AI for Everyone' vision, with expected improvements in Liner's global search engine accuracy.
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- Knowledge Transfer Capability: A.X K1 functions as a 'Teacher Model', enabling knowledge transfer to smaller models below 70B, which will drive innovation and enhance Korea's global competitiveness in AI.
- Nationwide AI Accessibility: The SKT consortium plans to offer A.X K1 through the A. (A-DoT) platform to over 10 million subscribers, promoting an 'AI for Everyone' framework that facilitates public access to AI services.
- Full-Stack AI Strategy: The SKT consortium's full-stack AI platform integrates expertise from eight organizations, aiming to enhance Korea's overall competitiveness in AI, with over 20 institutions already expressing intent to validate A.X K1 in real-world applications.
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