SK Networks and Sunway Join Forces to Drive AI Innovation and Explore Regional Expansion | PR Newswire [Video]

*Extensive collaboration expected in AI-powered products and systems••• including possible joint venture & share swap

*MoU will also see Sunway tapping the talent and innovation of PhnyX Lab, the Silicon Valley-based AI research and development arm of SK Networks

*SK Networks, “We’ll focus on boosting the Malaysian market and maximizing synergy between the two companies to drive greater corporate value.”

, /PRNewswire/ — SK Networks, a company steering the growth of its subsidiaries and scaling future value through AI-driven innovations, is ramping up its strategic collaboration with Sunway Group, a leading conglomerate in Southeast Asia with core interests in real estate, construction, healthcare, education, leisure and hospitality sectors.

SK Networks (CEO: Hojeong Lee) announced on October 30 that it had inked a Memorandum of Understanding (MoU) with Sunway to establish a wide-ranging partnership encompassing both companies and their subsidiaries.

On October 22, SK Networks, part of SK Group which is among the largest conglomerates in South Korea, hosted senior executives from Sunway, led by …