Sk Telecom (SKM) Stock News

SK Telecom (NYSE: SKM) signed a three‑party MOU with Supermicro and Schneider Electric on March 3, 2026 to develop a pre‑fabricated modular total solution for AI data centers (AIDC).

The collaboration aims to shorten construction timelines, ease supply bottlenecks, improve cost efficiency, and enable phased, scalable deployment by integrating GPU servers with power and cooling infrastructure.

SK Telecom (NYSE: SKM) expanded global AI partnerships at MWC Barcelona 2026 by hosting an AIDC conference and meeting major telco executives on March 2-3, 2026. SKT introduced a Sovereign AI Package combining domestic AIDC infrastructure, its A.X K1 foundation model, and industry AI services to address data sovereignty and industrial validation.

SKT outlined collaboration plans with Singtel, e&, NTT, Orange, and Deutsche Telekom to jointly develop efficient, trusted AI infrastructure and services.

SK Telecom (NYSE:SKM) unveiled an AI Native transformation on March 1, 2026 in Barcelona, led by CEO Jung Jai-hun. The plan covers a major AI-driven overhaul of IT, Zero Trust security, autonomous networks and customer-facing AI agents.

SKT will build 1GW-class hyperscale AIDC capacity nationwide, collaborate with OpenAI on a southwestern Korea AIDC, upgrade its sovereign foundation model from 519B to over 1T parameters with multimodal capabilities, and commercialize its Petasus AI Cloud. The strategy also includes workplace AI tools (AX dashboard, AI Board, 2,000+ internal agents) and manufacturing-focused AI solutions with SK hynix.

SK Telecom (NYSE: SKM) unveiled A.X K1, a 519 billion-parameter hyperscale AI foundation model on December 27, 2025, developed by an eight-member SKT consortium.

A.X K1 is described as a 500B-scale "Teacher Model" intended to transfer knowledge to smaller models (below 70B) and to serve as national AI infrastructure, with planned open-source release, APIs, and partial training-data disclosure. The consortium plans to deliver A.X K1 via existing services (A-DoT: 10M+ subscribers; broader 20M-user service foundation) and to validate Korea's semiconductor and AIDC capabilities; more than 20 institutions submitted letters of intent to participate.

SK Telecom has filed its Annual Report on Form 20-F with the U.S. Securities and Exchange Commission on April 29, 2025, covering the financial year ended December 31, 2024.

The 2024 Annual Report can be accessed through two official channels:

• SK Telecom's website (www.sktelecom.com)
• SEC's website (www.sec.gov)

Investors and stakeholders can request free printed copies of the complete audited financial statements, including footnotes, for the year ended December 31, 2024, by sending a written request to skt.ir@sk.com.

SK Telecom (NYSE: SKM) has joined the MIT GenAI Impact Consortium as a founding member alongside OpenAI, The Coca-Cola Company, Tata Group, Analog Devices, and TWG Global. The consortium, a strategic priority of MIT President Sally Kornbluth, aims to explore the commercialization and industry implications of generative AI technologies.

Led by Anantha Chandrakasan, Dean of MIT School of Engineering and Chief Innovation Officer, the consortium will commence full-scale research this year. SK Telecom plans to share development strategies with other founding members and explore collaboration opportunities. The company intends to implement research outcomes through its SK AI R&D Center, focusing on ICT, semiconductors, and energy sectors.

The SK AI R&D Center serves as SK Group's AI technology control tower, supporting operations in AI modeling, vision AI, digital twins, and AI factories.

Penguin Solutions (PENG) has completed a strategic investment from SK Telecom (SKT), with SKT acquiring 200,000 convertible preferred shares at $1,000 per share, totaling $200 million. The preferred shares are convertible into ordinary shares at $32.80784 per share and carry a 6% annual dividend. The company plans to use the proceeds to enhance its AI factory offerings.

Following this investment, Min Yong Ha, SKT's Chief Development Officer, has joined Penguin Solutions' Board of Directors. The company has updated its fiscal year 2025 outlook, adjusting GAAP diluted earnings per share from $0.30 (±$0.20) to $0.10 (±$0.20), and Non-GAAP diluted earnings from $1.70 (±$0.20) to $1.50 (±$0.20).

SK Telecom (SKM) unveiled 'Aster(A*)', an AI-driven personal assistant, at the SK AI Summit 2024. Designed as an 'Agentic AI', Aster goes beyond basic Q&A by understanding user intentions to set goals and complete tasks. The service will launch a closed beta in North America in late 2024, followed by a full market launch in 2025.

Aster can assist with complex requests like party planning, offering step-by-step guidance and connecting users with relevant services. SK Telecom plans to enhance Aster's capabilities through partnerships with global search providers, LLM developers, and third-party applications to build a comprehensive AI ecosystem for North American users.

SK Telecom (NYSE: SKM) has signed agreements to supply its AI-based veterinary diagnosis assistant, 'X Caliber', to Malaysia, Thailand, and Vietnam. The company partnered with My Vet Care in Malaysia, Happy Pet Hospital in Thailand, and Vet Sky Holdings in Vietnam to introduce the service. X Caliber aims to enhance pet disease diagnosis and promote efficient pet diagnostics in these rapidly growing markets. The Southeast Asian pet market was estimated at USD 3.3 billion in 2023, with a compound annual growth rate of 13% over the past five years. SK Telecom's expansion into these markets demonstrates its commitment to innovating pet care and promoting South Korea's AI technology globally.