SK Telecom group company and semiconductor startup to merge to strengthen competitiveness of AI semiconductors (South Korea)

It has been revealed that artificial intelligence (AI) semiconductor startup Rebellion and semiconductor manufacturer Samsung Korea, a subsidiary of the major telecommunications company SK Telecom (SKT), will merge.
The merger between Rebellion and Sunport Korea is believed to be a decision to strengthen competitiveness in the AI semiconductor market. After going through procedures such as preliminary investigations and shareholder consent, the merger is expected to take place between July and September.
After the merger, SKT plans to actively support the company's overseas expansion and the improvement of Korea's AI semiconductor technology.
The telecommunications giant KT, which is investing 1.2 billion won (approximately 3.4 billion yen), will also join the merger. Semiconductor giant SK Hynix's HBM business,
The company also expects to see synergies between Rebellion and Solidig, which is in charge of Intel's NAND flash business, which it acquired for $9 billion (approximately 1.4153 trillion yen).
SKT CEO Yoo Young-sang said, "If Rebellion, which has been focusing on neural network processing units (NPUs), merges with Suntory Korea,
Now that we have the backing of SKT and SK Hynix, our chances of success on the global stage have increased."