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RF antenna maker gets investment from SK Telecom

Posted: 26 Apr 2004 ?? ?Print Version ?Bookmark and Share

Keywords:wireless antenna? skycross? sk telecom?

Wireless antenna manufacturer SkyCross has received a $1 million investment from South Korea's telecommunications giant SK Telecom. The arrangement will involve sharing the companies' innovative core technologies for internal antennas that are used for mobile headsets, RFID tagging and other wireless devices.

The investment will enable SK Telecom to develop a new business model to receive income from major handset makers through its relationship with SkyCross and its innovative antenna technologies. In addition, SkyCross owns core technologies on antennas for RFID tagging and telematics, which can lead to additional cross-marketing and business opportunities for the two companies.

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