The list of subsidiaries as of December 31, 2017 and 2016 is as follows:
Ownership (%)(*1) | ||||||||||||||
Subsidiary |
Location |
Primary business |
Dec. 31, 2017 |
Dec. 31, 2016 |
||||||||||
Subsidiaries owned by the Parent Company |
SK Telink Co., Ltd.(*2) |
Korea | Telecommunication and MVNO service | 100.0 | 85.9 | |||||||||
SK Communications Co., Ltd.(*3) |
Korea | Internet website services | 100.0 | 64.5 | ||||||||||
SK Broadband Co., Ltd |
Korea | Telecommunication services | 100.0 | 100.0 | ||||||||||
PS&Marketing Corporation |
Korea | Communications device retail business | 100.0 | 100.0 | ||||||||||
SERVICEACE Co., Ltd. |
Korea | Customer center management service | 100.0 | 100.0 | ||||||||||
SERVICE TOP Co., Ltd. |
Korea | Customer center management service | 100.0 | 100.0 | ||||||||||
Network O&S Co., Ltd. |
Korea | Base station maintenance service | 100.0 | 100.0 | ||||||||||
SK Planet Co., Ltd. |
Korea | Telecommunication service | 98.1 | 98.1 | ||||||||||
IRIVER LIMITED(*4, 5) |
Korea | Manufacturing digital audio players and other portable media devices. | 45.9 | 48.9 | ||||||||||
SK Telecom China Holdings Co., Ltd. |
China | Investment | 100.0 | 100.0 | ||||||||||
SK Global Healthcare Business Group, Ltd. |
Hong Kong | Investment | 100.0 | 100.0 | ||||||||||
SKT Vietnam PTE. Ltd. |
Singapore | Telecommunication service | 73.3 | 73.3 | ||||||||||
SKT Americas, Inc. |
USA | Information gathering and consulting | 100.0 | 100.0 | ||||||||||
YTK Investment Ltd. |
Cayman Islands | Investment association | 100.0 | 100.0 | ||||||||||
Atlas Investment |
Cayman Islands | Investment association | 100.0 | 100.0 | ||||||||||
Entrix Co., Ltd.(*6) |
Korea | Cloud streaming services | — | 100.0 | ||||||||||
SK techx Co., Ltd. |
Korea | System software development and supply | 100.0 | 100.0 | ||||||||||
One Store Co., Ltd. |
Korea | Telecommunication services | 65.5 | 65.5 | ||||||||||
Subsidiaries owned by SK Planet Co., Ltd. |
SK m&service Co., Ltd. (formerly, M&Service Co., Ltd.) |
Korea | Data base and internet website service | 100.0 | 100.0 | |||||||||
SK Planet Japan, K. K.(*5) |
Japan | Digital contents sourcing service | 79.5 | 100.0 | ||||||||||
SK Planet Global PTE. Ltd. |
Singapore | Digital contents sourcing service | 100.0 | 100.0 | ||||||||||
SKP GLOBAL HOLDINGS PTE. LTD. |
Singapore | Investment | 100.0 | 100.0 | ||||||||||
SKP America LLC. |
USA | Digital contents sourcing service | 100.0 | 100.0 | ||||||||||
shopkick Management Company, Inc. |
USA | Investment | 100.0 | 100.0 | ||||||||||
shopkick, Inc. |
USA | Reward points-based in-store shopping app development | 100.0 | 100.0 | ||||||||||
Planet11 E-commerce Solutions India Pvt. Ltd.(*6) |
India | Electronic commerce platform service | — | 99.0 | ||||||||||
11street (Thailand) Co., Ltd. |
Thailand | Electronic commerce | 100.0 | 100.0 | ||||||||||
Hello Nature Ltd. |
Korea | Retail of agro-fisheries and livestock | 100.0 | 100.0 | ||||||||||
Subsidiaries owned by IRIVER LIMITED |
iriver Enterprise Ltd. |
Hong Kong | Management of Chinese subsidiary | 100.0 | 100.0 | |||||||||
iriver Inc. |
USA | Marketing and sales in North America | 100.0 | 100.0 | ||||||||||
iriver China Co., Ltd. |
China | Sales and manufacturing MP3,4 in China | 100.0 | 100.0 | ||||||||||
Dongguan iriver Electronics Co., Ltd. |
China | Sales and manufacturing e-book in China | 100.0 | 100.0 | ||||||||||
groovers JP Ltd. |
Japan | Digital music contents sourcing and distribution service | 100.0 | 100.0 | ||||||||||
S.M. LIFE DESIGN COMPANY JAPAN INC.(*6) |
Japan | Selling of goods in Japan | 100.0 | — | ||||||||||
S.M. Mobile Communications JAPAN Inc.(*6) |
Japan | Digital contents service | 100.0 | — | ||||||||||
Subsidiaries owned by SK Telink Co., Ltd. |
NSOK Co., Ltd. (formerly, Neosnetworks Co., Ltd.)(*7) |
Korea | Guarding of facilities | 100.0 | 100.0 | |||||||||
Subsidiaries owned by SK techx Co., Ltd. |
K-net Culture and Contents Venture Fund |
Korea | Capital investing in startups | 59.0 | 59.0 | |||||||||
Subsidiaries owned by SK Broadband Co., Ltd. |
Home & Service Co., Ltd.(*6) |
Korea | Operation of information and communication facility | 100.0 | — | |||||||||
SK stoa Co., Ltd.(*6) |
Korea | Other telecommunication retail business | 100.0 | — | ||||||||||
Others(*8) |
SK Telecom Innovation Fund, L.P. |
USA | Investment | 100.0 | 100.0 | |||||||||
SK Telecom China Fund I L.P. |
Cayman Islands | Investment | 100.0 | 100.0 | ||||||||||
Stonebridge Cinema Fund(*6) |
Korea | Capital investing in startups | — | 60.0 |
(*1) | The ownership interest represents direct ownership interest in subsidiaries either by the Parent Company or subsidiaries of the Parent Company. |
(*2) | On September 28, 2017, the board of directors of the Parent Company resolved to acquire the shares of SK Telink Co., Ltd. held by the non-controlling shareholders of SK Telink Co., Ltd. on December 14, 2017 at ₩270,583 per share in cash. The Parent Company paid ₩35,281 million in cash, in aggregate, and wholly owns SK Telink Co., Ltd. as of December 31, 2017. |
(*3) | On November 24, 2016, the board of directors of the Parent Company resolved to acquire all of the shares of SK Communications Co., Ltd. held by the non-controlling shareholders of SK Communications Co., Ltd. on February 7, 2017 at ₩2,814 per share in cash. The Parent Company paid ₩41,550 million in cash ,in aggregate, and wholly owns SK Communications Co., Ltd. as of December 31, 2017. |
(*4) | Although the Group has less than 50% of the voting rights of IRIVER LIMITED, the Group is considered to have control over IRIVER LIMITED since the Group holds significantly more voting rights than any other vote holder or organized group of vote holders, and the other shareholdings are widely dispersed. |
(*5) | The ownership interest changed due to the non-proportional capital increase during the year ended December 31, 2017. |
(*6) | Details of changes in consolidation scope for the year ended December 31, 2017 are presented in Note 1-(4). |
(*7) | During the year ended December 31, 2017, Neosnetworks Co., Ltd. changed its name to NSOK Co., Ltd. |
(*8) | Others are owned together by Atlas Investment and one other subsidiary of the Parent Company. |