United Airlines Beats Q2 Earnings, Raises 2026 Profit Outlook Despite Higher Fuel Costs 
ASML Raises 2026 Outlook as AI Chip Demand Lifts Q2 Earnings 
NY Times Challenges Trump Administration Subpoenas Over Air Force One Report 
BHP Q4 Iron Ore Output Rebounds as Copper Prices Boost Revenue 
Nvidia Partners With Fanuc and Yaskawa to Accelerate AI Robotics in Japan 
Brent Oil Jumps 16% for Best Week Since April as US-Iran Conflict Fuels Supply Fears 
SpaceX Aborts Starship Test Flight as Engine Issue Delays Launch 
Samsung to Launch First Yongin Chip Plant by 2029 as South Korea Speeds Up Semiconductor Hub 
Gold Price Holds Near Record High as Cooling U.S. Inflation Offsets Fed Caution 
AI Chip Stocks Face Valuation Pressure as Investors Shift Toward Big Tech and Software 
EU to Propose New Rules Limiting Children's Access to Social Media 
Airbus Signs Cloud Deal With Scaleway to Power Secure AI and Defense Applications 
Mikron H1 2026 Sales Fall 5.9% as Automation Weakness Weighs on Profit 
Asian Stocks Rally as Cooling U.S. Inflation Boosts Fed Rate Cut Hopes 
Hyundai Takes Full Control of Boston Dynamics to Accelerate Humanoid Robot and AI Strategy 
Seven & i Eyes Żabka Stake in Major European Expansion Push 
Japan Core Inflation Seen Rising in June, Strengthening BOJ Rate Hike Outlook 
SK Telecom announced a strategic shift, moving from traditional telecommunications to dominate the AI, cloud computing, and data center markets, after witnessing non-telecom sectors' surging growth in Q2.
SK Telecom said on Tuesday, Aug. 8, that it is expanding its business portfolio by branching out to other segments, and at this point, it is aiming for AI, cloud computing, and data centers. It is leaning on these sectors after seeing remarkable growth in Q2.
As per The Korea Times, the South Korean telecom giant is also boosting its authority in emerging industries like urban air mobility (UAM) and the Metaverse by working to increase the number of its service users and investing in Joby Aviation, a leading aircraft manufacturer.
One of its major diversification plans is to turn the company into an AI enterprise. SK Telecom's chief financial officer, Kim Jin Won, said they will do their best to become an AI company which they expect will help SK Telecom maximize its corporate value.
It was noted that the telecom already implemented its AI assistant service called the "A." (A dot) in June this year. It also launched Chat T, which uses Microsoft Azure's ChatGPT model to provide a service that supplies users with information in a conversational way. Experts with specialized knowledge of the queries are the ones who provide the data.
"Based on our solid performance, SK Telecom will continue to build on our cooperation and self-development to secure leadership in the global AI business and become an AI company," Kim said in a statement.
Meanwhile, The Korea Economic Daily reported that SK Telecom recently revealed that it has improved with its A Dot to provide better services. It enhanced the AI assistant by adding multiturn dialogue technology. Finally, the company said it will go all-out as it expands its businesses and increase its presence in non-telecom segments.
Photo by: SK Telecom Website
