SK Expands Mobile Phone Retail Market in China

July 17, 2008  From www.chinainfoworld.com

(July 17)--SK Networks (China), one of South Korean SK Group’s subsidiaries, disclosed yesterday that in 2008 it will increase its investment on the Chinese mobile phone retail market in a bid to become one of the five strongest companies before the end of 2008. Sources at SK Network said that the company will increase the number of its stores from 96 to 200 before the end of 2008, with Beijing to account for 50 of these, and will expand its coverage from 10 to 22 cities in China.

(Editor: Haijing Qu)