Huawei launches 5G lab in South Korea, but keeps event low-key after US ban [CNBC]
SK Telecom Co., Ltd. (SKM)
US:NYSE Investor Relations:
sktelecom.com/en/investor/lib/announce.do
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Source: CNBC
Huawei launches 5G lab in South Korea, but keeps event low-key after US ban A Huawei logo displayed at a retail store in Beijing. Fred Dufour | AFP | Getty Images Huawei Technologies unveiled an open lab for next-generation 5G wireless network in South Korea United States The Chinese tech giant, the world's top producer of telecoms equipment, said it planned to invest about $5 million in the lab in the Junggu district of Seoul. "Based on the philosophy of "In Korea and for Korea" and the strength of its own 5G network, Huawei will build a 5G ecosystem through cooperation with a number of South Korean ICT companies and especially small-and-medium enterprises," Huawei's Korea office said in a statement. The event was, however, overshadowed by the U.S. decision earlier this month to ban American tech and telecom firms from doing business with Huawei. Washington has also been urging its allies to bar the Chinese company from their 5G networks. Huawei had initially considered inviting the
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SKM
Sec Filings
- 4/18/24 - Form 6-K
- 3/27/24 - Form 6-K
- 3/7/24 - Form 6-K
- SKM's page on the SEC website