A step toward co-prosperity

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A step toward co-prosperity

Korea’s leading wireless operator, SK Telecom, has announced that it will create its own global mobile platform and operating system to compete with Google and Apple as part of an attempt to ride the smartphone wave.

It plans to unveil an application interface that will allow private individuals to develop software applications for a variety of SK Telecom’s programs, including its mobile navigation service T Map, its app site T Store and its music download service Melon.

We support SK Telecom’s new business strategy.

A major local player has finally stepped forward to challenge the mobile operating systems developed by Google and Apple, two U.S. heavyweights that dominate the market for this type of technology. Local mobile companies have reluctantly and belatedly jumped on the smartphone bandwagon led by Apple and Google.

However, with its latest announcement, SKT is poised to start tackling the ever-growing global market with its own mobile service platform.

Another positive sign in SKT’s recent announcement is that the leading mobile services provider is offering to share its key technologies with many small and midsize companies in the field. This will create numerous benefits, helping SKT develop better products and services.

With this move, the company has broken away from the local technology industry’s protective nature and tradition of secretiveness when it comes to technology developments.

SKT has also expanded its reach by inviting other companies and individual developers to build and foster a new mobile environment.

If the pilot program works, SK Telecom will be able to create its own comprehensive mobile platform, while smaller developers will gain a lucrative source of income.

The symbiotic business partnership can create a new blueprint for large and small companies to use in the future.

We hope that it will ultimately lead to an harmonious win-win situation between big and small businesses and help ease some of the growing tensions between the two sides.

The partnership model may expand beyond information and technology to other industries as well. In a recent meeting of the Presidential Council on National Competitiveness, the advisory board suggested that some industries share online simulation services on production and processing design technology.

If large companies share their technology tied to parts and software, small companies can help them build better products - which will benefit both parties in the process.
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