IonQ Wins Multi-Million-Dollar Deal in South Korea to Expand Global Footprint
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 10 2025
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Source: TipRanks
IonQ's Expansion in South Korea: IonQ has been appointed as the primary quantum technology provider for South Korea’s National Quantum Computing Center of Excellence, supported by a government award. The company will deliver a 100-qubit system and develop a hybrid quantum-classical cloud platform, enhancing its presence in Asia.
Analyst Sentiment and Stock Performance: IONQ stock has risen over 70% in the last three months, with analysts maintaining a Moderate Buy consensus despite a cautious outlook on short-term earnings. The average 12-month price target is $42.67, indicating a slight downside potential.
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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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