SK Telecom (NYSE:SKM, hereinafter referred to as “SKT”) today announced that Park Jung-ho, Vice Chairman and CEO of SK Square and SK hynix, held a meeting with Cristiano Amon, President and CEO of Qualcomm Incorporated, at CES 2022 to discuss cooperation in the field of ICT.

At the meeting, which was also joined by Ryu Young-sang, CEO of SK Telecom, and Lee Seok-Hee, CEO of SK hynix, the executives discussed cooperation in areas such as semiconductor and 5G.

SK hynix, the world’s second largest memory chipmaker, and Qualcomm, the world’s leading wireless technology innovator held talks regarding collaboration on the development of data center applications and high-speed memory for PCs.

SKT and Qualcomm discussed cooperation in 5G business areas including metaverse and smart factory.

“With competition intensifying in the global ICT market, cooperation is no longer a matter of choice but an absolute necessity,” said Park Jung-ho, Vice Chairman and CEO of SK Square and SK hynix. “All ICT affiliate companies of SK will lead innovations by pursuing cooperation that goes beyond all national borders and industries.”