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Press Release
SK Telecom Has Executed an MOU with Sun Microsystems in a Cooperative Effort Designed to Develop, Nurture, and Commercialize, Highly Prospective Technologies
2002.06.19 PrintThe two companies reached an agreement to form a working group, and complete the test infrastructure, this year.
This will support the commercialization of potentially promising technology developed by national companies, and is expected to increase the two companies’ global influence.
?SK Telecom has actively launched into the global market with cutting-edge information communication technology and its infrastructure.?
On the 18th of June, SK Telecom (www.sktelecom.com) and Sun Microsystems (www.sun.com) in the U.S. executed an MOU agreement to put forth a cooperative effort to develop new business models and commercialize them through joint R&D and sharing business models. They also reached an agreement to construct the test infrastructure before the end of this year by creating a working group.
SK Telecom will provide the network and the platform test environment, and Sun Microsystems will supply wired and wireless Internet technology and marketing capability. Sharing both companies’ core capabilities will produce a maximum synergistic effect that will benefit the two companies. By building Sun ONE(footnote 1)-based test infrastructure during this year, both companies can test the JAVA technology and Sun ONE products, which are developed by national companies, as well as conducting joint pilot project for developing wireless Internet solutions.
The goal of SK Telecom in this business project is to support and nurture the prospective technologies that are developed by national and international companies, and make them the leading technologies in the global information and communication industry by utilizing them in SK Telecom’s cutting-edge information communication infrastructure. Due to this advantage, these growing companies gain the opportunity to easily get into the global market while minimizing the risks of commercializing new technology.
"We try to stimulate and support the competition of companies that have excellent potential technology in a productive way, by providing a base of future technology commercialization" said Man Won Jung, head of SK Telecom?s Internet Business Divisional Group. "By doing this, SK Telecom will have a close cooperative relationship with these companies, and it certainly creates and expands the company’s global influence" he also pointed out.
By making the MOU with Sun Microsystems and joining Liberty Alliance(footnote 2), as a first for a Korean company, SK Telecom gains huge ground that allows it to lead in the standardization of related technologies, and opens the door to developing new business opportunities in joint efforts with world prominent companies.
Footnote 1 Sun ONE (Open Net Environment):
Sun One is the Sun Microsystems strategy for preparing for the next generation in web-service. The Sun Open Net Environment allows the use of all kinds of convenient next generation web-services, for both personal and corporation use, through every kind of personally owned communication device, such as the cellular handset, PDA, and notebook computer. This will lead to building, operating and managing a next generation web-service architecture and environment.
Footnote 2 Liberty Alliance:
This was organized under the leadership of Sun Microsystems in September of 2001. The goal of this organization is to actualize total web-service, so that with only one log-in users can be connected to the web-site with any kind of device that allows connection to the Internet, such as the computer, cellular phone, TV, credit card, and POS terminal. Abut 50 companies such as Vodafone, NTT DoCoMo, Nokia, Sony and American Express have currently joined the Liberty Alliance.