Las Vegas, January 7, 2020 – BYTON today announced that it has agreed with SK Telecom, the largest mobile network operator in Korea, to jointly develop a strategic cooperation on its digital mobility platform.
Under the Memorandum of Understanding, BYTON and SK Telecom will discuss the integration of SK Telecom’s digital products and services into BYTON’s vehicles, in order to enhance the experience for Korean customers. Both parties will also explore cooperation in distribution and after-sales channels as well as mobility services to tap the business opportunities in the Korean EV market.
The MOU signing ceremony took place at CES 2020 in Las Vegas with the attendance of senior executives of both companies including Dr. Daniel Kirchert, CEO of BYTON and Ryu Young-sang, Vice President and Head of MNO Business of SK Telecom.
Dr. Daniel Kirchert, CEO of BYTON said: "SK Telecom has abundant technical expertise and resources in information communication and data services sector. This is perfectly in line with the vision of BYTON to build smart cars in the mobility era. Moving forward, the two sides will work together to expand a superior in-car digital experience and tap the potential of mobility services."
“SK Telecom’s cooperation with BYTON represents a crossover between ICT and automobile sectors, said Ryu Young-sang, Vice President and Head of MNO Business of SK Telecom. “Going forward, SK Telecom will continue to work with diverse global players to create innovative services that can further enrich customers’ lives.”
At CES 2020, BYTON displayed its first premium, intelligent EV – the M-Byte*, which features its groundbreaking user interface and seamless digital experiences. It also announced a wide range of partnerships and launched the BYTON Developer Program to enliven the user experience, centered on its iconic 48-inch display, the BYTON Stage.
*M-Byte is not yet available for sale. Specifications are preliminary and may change without notice. The content herein is provided for informational purposes only.
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About SK Telecom
SK Telecom (NYSE: SKM) is the largest mobile operator in Korea with nearly 50 percent of the market share. As the pioneer of all generations of mobile networks, the company has commercialized the fifth generation (5G) network on December 1, 2018 and announced the first 5G smartphone subscribers on April 3, 2019. With its world’s best 5G, SK Telecom is set to realize the Age of Hyper-Innovation by transforming the way customers work, live and play.
Building on its strength in mobile services, the company is also creating unprecedented value in diverse ICT-related markets including media, security and commerce.
BYTON develops and builds intelligent premium electric cars for the automotive future, in which mobility is increasingly becoming a digitally networked experience.
BYTON's core team consists of leading experts from the automotive, technology and digital industries. With its central production and development facility in Nanjing, China, its design development center in Munich and its technology development center in Silicon Valley, BYTON is internationally positioned and operates globally.
The series version of the premium electric SUV BYTON M-Byte celebrated its premiere at the IAA Frankfurt in 2019. Pre-series production of the BYTON M-Byte started in the fall of 2019.