South Korea Autonomous Vehicle Market Overview, 2024-2029: Exports of ADAS Components Surge, Tech-Savvy Population Fuels Adoption [Yahoo! Finance]
SK Telecom Co., Ltd. (SKM)
US:NYSE Investor Relations:
sktelecom.com/en/investor/lib/announce.do
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Source: Yahoo! Finance
South Korea Autonomous Vehicle Market is projected to grow with more than 25% CAGR from 2024 to 2029 Government assistance, as demonstrated by initiatives such as the K-City project and the "K-ADEX" expo, serves as a driver for market expansion. Furthermore, the country's tech-savvy population has a tendency to embrace technical innovations, establishing them as early adopters of AV technology. Factors such as an ageing population and congested cities generate demand for novel transportation solutions such as autonomous vehicles. This creates profitable potential in a variety of industries, including logistics, tourism, and last-mile deliveries, where AVs may provide efficient and sustainable solutions. In terms of trade statistics exports of Level 2+ Advanced Driver Assistance Systems (ADAS) components have increased significantly. South Korea's AV industry is also benefiting from expanding relationships with global giants such as Aurora and Aptiv, indicating the country's growi
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News
- SK Telecom Co., Ltd. (NYSE: SKM) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
- Swift Navigation and SK Telecom Partner to Accelerate the Deployment of AI-Powered Location-Based Products in Korea [Yahoo! Finance]Yahoo! Finance
- SK Telecom Co., Ltd. (NYSE: SKM) was upgraded by analysts at Nomura Securities from a "strong sell" rating to a "hold" rating.MarketBeat
- Hyosung Americas Announces Kunoh Kim as CEO [Yahoo! Finance]Yahoo! Finance
- SK Telecom Co.,Ltd (NYSE:SKM) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
SKM
Sec Filings
- 5/8/24 - Form 6-K
- 4/30/24 - Form 6-K
- 4/30/24 - Form 6-K
- SKM's page on the SEC website