SK Square-Telecom-Hynix Announces Launch of ‘SK ICT Alliance’ | Ruri Web

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– The era of convergence between semiconductors and 5G and AI is coming… Enter the global market by operating the ‘Three Company Synergy Council’

– Joint investment and business expansion in SAPEON, an AI semiconductor developed by SKT as the first result of synergy

– Awakening the ‘SK investment instinct’ abroad… Creation and operation of ICT investment capital exceeding KRW 1 trillion

– SK hynix leaps forward as a global first-class technology company… Implementing the ‘Inside America’ strategy 

SK Square (CEO Park Jung-ho, www.sksquare.com), SK Telecom (CEO Yoo Young-sang, www.sktelecom.com), SK hynix (CEO Park Jeong-ho, Lee Seok-hee, www.skhynix.com) announced the launch of the ‘SK ICT Alliance’ to jointly develop and invest in ICT convergence technology and promote global advancement at CES 2022, the world’s largest home appliance and IT exhibition held in Las Vegas, USA.

This vision was possible because SK Hynix celebrated the 10th anniversary of its incorporation into the SK Group, and SK Square was created through the division of SK Telecom, creating a corporate structure capable of creating synergies linking semiconductors, communications, and investments.

In addition, it was judged that the synergy strategy of the three SK ICT companies was effective as an era in which the semiconductor, 5G, and AI industries, which had been independent fields, converge and develop with each other has arrived.

In a situation where there are few companies with global top-level competitiveness in various ICT fields such as semiconductor, 5G, and AI, the three SK ICT companies are taking place in the global market ▲SK Square’s innovative investment ▲SK Telecom’s 5G∙AI technology ▲SK hynix The company plans to continuously promote joint projects by leveraging the future innovative technology of semiconductors.

From January this year, SK Square, SK Telecom, and SK Hynix will operate the ‘Three Company Synergy Consultative Group’, led by Vice Chairman Park Jeong-ho, and participated by President Yoo Young-sang and Lee Seok-hee. It is the best decision-making body to discuss R&D (research and development) cooperation and joint investment in the domestic and foreign semiconductors and ICT fields, and to promote global advancement.

SKT’s self-developed AI semiconductor, SAPEON, as the first result of synergy between the three companies

The first result of synergy between the three SK ICT companies is the entry into the global market of SAPEON, the first AI semiconductor for data centers in Korea. Through joint investment of the three companies, the US subsidiary ‘SAPEON Inc.’ was established to target the global AI semiconductor market in earnest.

SK Telecom plans to increase the SAPEON model lineup exclusively for data centers and autonomous driving in the mid- to long-term by leading the development of SAPEON technology based on R&D capabilities and service experience accumulated in 5G and AI fields.

In addition, SK hynix will promote synergy between memory semiconductor technology and AI semiconductor, and SK Square will jointly attract strategic and financial investors with SK Telecom.

SAPEON Inc. will serve as an outpost for expanding the AI ​​semiconductor business with major US-based global big tech companies as its main customers. This is to secure abundant semiconductor development manpower in the United States and to attract external investment. SAPEON Korea is a subsidiary of SAPEON Inc. and will be in charge of business in Korea and Asia.

SK Telecom innovates the three major services of T-space, ifland, and AI Agent, predicting that future ICT services will become ‘AI-VERSE (a compound word of AI and Universe)’, a world in which AI and metaverse are fused. going to do it

In addition, the company plans to introduce new services that have never been seen before by adding advanced Connected Intelligence to UAM (Urban Air Mobility), autonomous vehicles, and robots, which are future devices (devices) that will lead the next 10 years following smartphones. .

Yoo Young-sang, president of SK Telecom, said, “We will actively respond to changes caused by technological innovation in AI, metaverse, and 5G fields to create the first year of preparation for the next 10 years of the SK ICT alliance.”

SK Square, Telecom, and Hynix promote joint creation of ICT investment capital exceeding KRW 1 trillion

The three SK ICT companies plan to set up a base for overseas investment this year and attract investment from foreign investors to create and operate global ICT investment capital of over 1 trillion won in total. It is currently in the stage of detailed discussions with leading foreign investors.

The investment destination for the global ICT investment capital created in this way is expected to be a company with innovative technologies in AI, metaverse, block chain, and semiconductor fields.

The three SK ICT companies plan to lead the ICT technology convergence trend based on strategic investment and seek synergy with SK ICT’s main businesses by discovering overseas unicorn companies that can significantly change the future industrial landscape.

Through this, SK Telecom and SK hynix will be able to strengthen business partnerships with the companies they have invested in or to preempt the opportunity to acquire the companies under favorable conditions in the future. As a specialized investment company, SK Square aims to achieve significant investment track records and increase corporate value.

According to Mergermarket, a global market research firm, the global buyout market in 2021 will reach about 1,400 trillion won (US$1.172 trillion), about doubling from 2020. The industry is rapidly reorganizing through mergers and acquisitions between global companies, and companies that cannot keep up with this trend are inevitably left behind in the competition.

SK hynix leaps forward as a global first-class technology company… Implementing the ‘Inside America’ strategy

SK hynix plans to leap forward as a global first-class technology company leading the rapidly changing ICT environment.

Recently, the semiconductor market is undergoing diversification of demand sources such as AI, autonomous driving, and metaverse, and diversification in system architecture fields such as CPU, GPU, and MPU. Therefore, as the existing laws of competition no longer apply, it is essential to discover new business models and develop technologies to maintain sustainable competitiveness.

SK hynix acquired Intel’s NAND division, enabling it to strengthen its NAND flash competitiveness to the global highest level. Furthermore, it plans to break away from its role as a semiconductor supplier and be reborn as a company leading the future technology together with a global leading ICT company.

In particular, it plans to strengthen business competitiveness and expand new partnerships by implementing the ‘Inside America’ strategy in the US, the world’s largest ICT market and battlefield. Accordingly, an American business organization was established and an American R&D center was also established. Based on SK hynix’s competitiveness, collaboration between the three SK ICT companies and global ICT companies is expected to be further strengthened.

Lee Seok-hee, president of SK hynix, emphasized, “SK hynix will leap forward as a global first-class technology company through superior technology and products, and creating value for mankind and society.”

Meanwhile, SK Square plans to further enhance the synergy of the three SK ICT companies through innovative investment. In particular, in line with SK hynix’s global expansion and new technology development, it plans to take the lead in joint investment in the semiconductor ecosystem, while expanding investment in Next Platform, which will lead future innovation, such as Metaverse and blockchain.

In connection with the recently invested virtual asset exchange Korbit, it plans to advance into new global blockchain businesses and create synergy in building a blockchain-based economic system on SK Telecom’s metaverse platform ‘Ifland’.

Vice Chairman Park Jung-ho said, “The SK ICT Alliance will join forces to make a great leap forward and innovate in the global market. ” he said.

SK Square Vice Chairman Park Jeong-ho is announcing the vision of the ‘SK ICT Alliance’ at a press conference in Las Vegas, USA, where CES 2022 was held.

SK Square-Telecom-Hynix, _SK ICT Alliance_ Launch Declaration-2.jpg

SK Telecom CEO Yoo Young-sang is announcing the vision of the ‘SK ICT Alliance’ at a press conference in Las Vegas, where CES 2022 was held.

 

SK Square-Telecom-Hynix, _SK ICT Alliance_ Declaration of Launch-3.jpg

SK Hynix CEO Lee Seok-hee is announcing the vision of the ‘SK ICT Alliance’ at a press conference in Las Vegas, USA, where CES 2022 was held.

 

SK Square-Telecom-Hynix, _SK ICT Alliance_ Declaration of Launch-4.jpg

SK Square, SK Telecom, and SK Hynix executives hold a press conference in Las Vegas, the US where CES 2022 was held, and are answering questions. From left to right, SK Square Vice Chairman Park Jeong-ho, SK Telecom AI Accelerator Ryu Su-jeong, SK Telecom President Yoo Young-sang, SK Hynix President Lee Seok-hee, SK Hynix President Roh Jong-won, and SK Square CIO Yoon Poong-young.

By Lee Myung-gyu, staff reporter [email protected]

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