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Las Vegas, January 8, 2022 /PRNewswire/ – At the 2022 International Consumer Electronics Show, SK Telecom, SK Square and SK hynix announced the establishment of the “SK ICT Alliance” to jointly develop and invest in ICT convergence technology to create global market opportunities.
This alliance coincides with SK Hynix’s tenth anniversary of joining the SK Group. SK Square was successfully spun off from SK Telecom, marking the beginning of a new era of coordinated development of semiconductors, telecommunications and investment.
In order to ensure global competitiveness in diversified ICT fields such as semiconductors, 5G and AI, the three companies plan to use SK Square’s innovative investment, SK Telecom’s AI and 5G technology, and SK Hynix’s future to carry out joint business activities in the global market. Semiconductor technology.
from January 2022, The three companies will operate a “cooperative committee” chaired by the vice chairman Park Young-ho, and joined Liu Ying-sang, CEO of SK Telecom, and Li Xixi, CEO of SK Hynix. The Synergy Council will be the highest decision-making body, where executives discuss R&D cooperation and joint investment in the semiconductor and ICT fields to promote global market expansion.
- Increase the presence of the AI semiconductor SAPEON independently developed by SK Telecom
SK Telecom, SK Square and SK hynix will first create synergies and bring SK Telecom’s AI chip SAPEON* to the global market. The three companies will jointly invest in the establishment of SAPEON Inc. in the United States and enter the global artificial intelligence semiconductor market.
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*SAPEON is a self-developed AI chip launched by SK Telecom in November 2020. Although the price is only about half of the GPU, the deep learning calculation speed is increased by 1.5 times, and the power consumption is 20% lower than that of the GPU. |
SK Telecom plans to use its accumulated R&D capabilities and service experience in 5G and AI to lead the development of SAPEON related technologies. In the medium and long term, the company will expand its SAPEON model lineup by developing AI chips dedicated to data centers and autonomous driving.
The full story can be found on Benzinga.com
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