Yoo Young-sang, SKT CEO, "Telecom Social Responsibility, Leading AI Development"

Evaluating One Year in Office: "Must Approach with Responsibility for Mobile Communication Infrastructure"
Future Management Plan: "Grow into a Global-Level AI Specialist Company"

Yu Young-sang, CEO of SKT, is answering reporters' questions at the 'SK Tech Summit' held on the 8th at Walkerhill Hotel in Gwangjin-gu, Seoul.

[Asia Economy Reporter Oh Su-yeon] Yoo Young-sang, CEO of SK Telecom, reflected on the social responsibilities of telecommunications companies over the past year and vowed to elevate technological capabilities such as AI to a global level. He also stated that SK Telecom will redefine its existing business through artificial intelligence (AI), create innovative AI services for customers, and enhance the company’s corporate value by promoting AI adoption across other industries.

On the 8th, Yoo made these remarks during a meeting with reporters at the 'SK Tech Summit' held at the Walkerhill Hotel in Gwangjin-gu, Seoul.

Yoo assumed the role of CEO of SK Telecom last November when SK Telecom and SK Square were split. Reflecting on the past year, Yoo said, "It was a period when I deeply felt SK Telecom’s social responsibility. Mobile is an essential infrastructure for the public. As a telecommunications company responsible for mobile infrastructure, we have a heavy duty." He added, "Moreover, I felt a very heavy responsibility to lead the development of new future technologies such as AI, build the entire ecosystem, and develop technologies to a global standard."

The day before, Yoo held a town hall meeting with all employees to mark his first anniversary in office, revealing a vision to achieve a corporate value of 40 trillion won for SK Telecom by 2026. He also introduced three key strategies as concrete execution plans for transforming into an AI company centered on the five major business sectors announced last March: ▲ Redefining core business with AI ▲ Innovating customer relationships through AI services ▲ Launching AIX.

Yoo explained, "The strategy I mentioned yesterday does not mean just doing AI. First, it is about redefining existing businesses with AI to increase value. Second, it involves creating new AI services, including A. (A-dot), which is a rare global case and an attempt to secure a first-mover advantage. We see value in this area. Third, it is about AI-ifying other industries." He emphasized, "Through these three activities, SKT’s corporate value will increase."

This content was produced with the assistance of AI translation services.