Search results for SK C
AI & Enterprise
IT, telecom industry rushes AI-centric rebranding
A rebranding wave highlighting artificial intelligence is spreading across South Korea\'s IT and telecom industries. Companies are adding AI to corporate names or attaching it to service brands to redefine their identities. Industry groups are also changing their names. The trend is expanding into products and services and is being framed as a survival strategy as value chains shift after generative AI. Critics warn that firms lacking real technical capabilities may lose market trust.
Telecommunications & Media
SKT re-emerges as top stock pick after hacking setback
SK Telecom, which struggled after a hacking incident a year ago, is again emerging as a key stock market pick, with its share price nearing 100,000 won. Analysts see its AI business beginning to be reflected in the valuation, alongside gains in the value of its Anthropic stake and expectations for data centre expansion. The stock has recovered sharply from last year’s drop after a USIM hacking incident and subscriber losses.
People
Namutech appoints Kim Hwa-joong as president, shifts to co-CEO structure
Virtualisation and cloud company Namutech said on Wednesday it appointed Kim Hwa-joong as its new president. It plans to shift to a co-CEO structure after completing procedures through a shareholders meeting and the board of directors. Kim is an IT professional with about 25 years of experience at global consulting firms and major domestic systems integration companies. He has overseen companywide strategy and operations since April 1.
