Market Chatter: SK Telecom, SPC Group Partner to Boost AI-Powered Retail Solutions

MT Newswires Live

Sep 10, 2024

SK Telecom (KRX:017670) and SPC Group signed a memorandum of understanding to collaborate on AI-driven business solutions, focusing on enhancing membership programs, B2B services, and user experience, Pulse News reported Monday.

The partnership will integrate SK Telecom's AI technology into SPC's Happy Point app, offering personalized product recommendations and natural language interactions. The parties will also explore AI-based retail solutions such as customer behavior analysis and inventory management.

Shares of the South Korean telecommunications firm rose nearly 1% in recent trade.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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