[Special Stock] Alphaholdings Signs AI Semiconductor MOU with SKT...Rise

[Asia Economy Reporter Hyunseok Yoo] Alpha Holdings is rising. It is interpreted that the news of signing a business agreement related to artificial intelligence (AI) semiconductors with SK Telecom had an impact.

As of 9:51 a.m. on the 25th, Alpha Holdings was traded at 4,350 won, up 2.11% (90 won) compared to the previous trading day.

On the same day, SK Telecom announced that it had signed a business agreement with Alpha Holdings, which specializes in investment and business in advanced technology fields, to cooperate on technology commercialization and investment attraction for AI semiconductors and other technologies. The agreement was prepared to quickly promote separate commercialization of promising technologies owned by SK Telecom. Through the Stargate program, an in-house promising technology commercialization program started by SK Telecom last year, the two companies plan to promote the commercialization of promising technologies such as AI semiconductors and LiDAR, and support the growth of independent corporations.

Alpha Holdings is actively engaged in system semiconductor design business as well as investment and business in advanced technology fields, and plans to actively participate in investment attraction and business development for the independent commercialization of SK Telecom’s in-house promising technologies in the future.

As the first cooperation under this agreement, the two companies will invest in and nurture Brighton Corporation, a laser optical technology specialized company established through the Stargate program. Alpha Holdings evaluated Brighton Corporation’s corporate value at approximately 12 billion won and will also participate in direct investment.