{"id":3899,"date":"2021-12-17T03:46:00","date_gmt":"2021-12-17T03:46:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/3611232_CN11232_0"},"modified":"2021-12-17T03:46:00","modified_gmt":"2021-12-17T03:46:00","slug":"sk-networks-signs-an-mou-with-t-gaia-the-largest-mobile-phone-retailer-in-japan-on-ict-business-development","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=3899","title":{"rendered":"SK networks signs an MOU with T-GAIA the largest mobile phone retailer in Japan on ICT business development."},"content":{"rendered":"<table name=\"logo_release\" border=\"0\" cellspacing=\"10\" cellpadding=\"5\" align=\"right\">\n<tbody>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/1674855\/SK_Networks_CI_Logo.jpg?p=medium600\" border=\"0\" alt title=\"logo\" hspace=\"0\" vspace=\"0\" width=\"118\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span class=\"xn-location\">SEOUL, South Korea<\/span>, Dec. 17, 2021 \/PRNewswire\/ &#8212; SK networks, the headquarters and subsidiaries, has been engaged in ICT business including ICT device distribution, communications network operation and ICT idle asset management. The company is now seeking cooperation with T-GAIA, the largest mobile phone retailer in <span class=\"xn-location\">Japan<\/span>. This entry into <span class=\"xn-location\">Japan<\/span> will be the beginning of the company&#8217;s global business development.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder9179\" readability=\"11\">\n<p><a href=\"https:\/\/mma.prnasia.com\/media2\/1712223\/image.html\" target=\"_blank\" rel=\"nofollow noopener\"><img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/1712223\/image.jpg?p=medium600\" title=\"On Dec. 17, SK networks signed an MOU for \u2018ICT Device Recycling Business and Social Value\u2019 with T-GAIA, the largest mobile phone retailer in Japan. SK networks CEO Sang Kyu Park(Left) is celebrating the MOU signing via video conference with T-GAIA CEO Nobutaka Kanaji.\" alt=\"On Dec. 17, SK networks signed an MOU for \u2018ICT Device Recycling Business and Social Value\u2019 with T-GAIA, the largest mobile phone retailer in Japan. SK networks CEO Sang Kyu Park(Left) is celebrating the MOU signing via video conference with T-GAIA CEO Nobutaka Kanaji.\"><\/a><br \/><span>On Dec. 17, SK networks signed an MOU for \u2018ICT Device Recycling Business and Social Value\u2019 with T-GAIA, the largest mobile phone retailer in Japan. SK networks CEO Sang Kyu Park(Left) is celebrating the MOU signing via video conference with T-GAIA CEO Nobutaka Kanaji.<\/span><\/p>\n<\/p><\/div>\n<p>SK networks (CEO: <span class=\"xn-person\">Sang Kyu Park<\/span>) announced on <span class=\"xn-chron\">December 17<\/span> that it has signed an MOU for &#8216;ICT Device Recycling Business and Social Value&#8217;.<\/p>\n<p>This MOU was signed to identify opportunities of mutual cooperation centered around the ICT business that both companies have in common, and seek synergy by creating new values in the midst of the changing global market.<\/p>\n<p>T-GAIA is a subsidiary of Sumitomo Corporation, one of the top five general trading companies in <span class=\"xn-location\">Japan<\/span>, and the country&#8217;s largest mobile phone retailer engaged in mobile phone retail store operation, payment service, B2B solution business, etc. With a focus on ESG management, the company&#8217;s recent investments are being made intensively in future growing business such as environmental response, new and renewable energy, education and farming.<\/p>\n<p>The two companies have agreed to first collaborate for enhanced ESG performance in the mobile phone distribution area. MINTIT, an SK networks subsidiary, is expected to play a pivotal role in this process. MINTIT has established a stable, convenient ICT recycle platform with its AI-based ATM for purchasing used phones that was the first of its kind in Korea. It is also anticipated from this cooperation with T-GAIA that the development of a localized model appropriate for the Japanese market will be expedited.<\/p>\n<p>While SK networks and T-GAIA will together be committed to mobile phone distribution business cooperation followed by new business development throughout the ICT industry, they plan to further reinforce their mutual assistance system that will lead to alliance at the corporate group level. Their efforts will also be expanded to pursue global business expansion beyond <span class=\"xn-location\">Asia<\/span>.<\/p>\n<p>On the day of the online signing ceremony of the MOU, SK networks CEO <span class=\"xn-person\">Sang Kyu Park<\/span> expressed his expectation saying, &#8220;This is a collaboration between the two companies that each represent their own country who pursue ESG management by taking advantage of their long accumulated experience and knowledge in the ICT distribution business sector. Through this, new business development will be achieved to raise customer and social values while at the same time the industry&#8217;s future orientation will be established.&#8221;<\/p>\n<p><span id=\"spanHghlt9768\">T-GAIA CEO Nobutaka Kanaji commented in response, &#8220;I am glad to sign this MOU with SK networks and hope that we can together seize various business opportunities following our cooperation on mobile phone distribution.&#8221;<\/span> &nbsp;&nbsp; &nbsp;&nbsp; <\/p>\n<p id=\"PURL\"><img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CN11232&amp;sd=2021-12-16\"> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow noopener\" href=\"https:\/\/www.prnewswire.com\/news-releases\/sk-networks-signs-an-mou-with-t-gaia-the-largest-mobile-phone-retailer-in-japan-on-ict-business-development-301447139.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/sk-networks-signs-an-mou-with-t-gaia-the-largest-mobile-phone-retailer-in-japan-on-ict-business-development-301447139.html<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SEOUL, South Korea, Dec. 17, 2021 \/PRNewswire\/ &#8212; SK networks, the headquarters and subsidiaries, has been engaged in ICT business including ICT device distribution, communications network operation and ICT idle asset management. The company is now seeking cooperation with T-GAIA, the largest mobile phone retailer in Japan. This entry into Japan will be the beginning [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":3900,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-3899","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SK networks signs an MOU with T-GAIA the largest mobile phone retailer in Japan on ICT business development. - My Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/transmediavictoria.net.au\/?p=3899\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SK networks signs an MOU with T-GAIA the largest mobile phone retailer in Japan on ICT business development. - My Blog\" \/>\n<meta property=\"og:description\" content=\"SEOUL, South Korea, Dec. 17, 2021 \/PRNewswire\/ &#8212; SK networks, the headquarters and subsidiaries, has been engaged in ICT business including ICT device distribution, communications network operation and ICT idle asset management. The company is now seeking cooperation with T-GAIA, the largest mobile phone retailer in Japan. 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