SOUTH KOREA: Amorepacific Corp.
has signed a memorandum of understanding (MOU) with Korean wireless telecommunications operator SK Telecom to leverage big data and deliver IoT-enabled smart beauty service. The signing ceremony took place at SK Telecom headquarters in Seoul, Korea, with Han Sang-hoon, head of the research and development unit at Amorepacific, and Cha In-hyuk, head of the IoT division at SK Telecom.
The two companies have agreed to collaborate to leverage big data and deliver IoT-enabled smart beauty services. In partnership with SK Telecom, Amorepacific plans to analyze big data and develop new distinctive products and services over the long term.