SK Telecom to build content development center

South Korean mobile operator SK Telecom announced a partnership with the Chinese government to jointly build a Beijing-based "International Digital Contents and Industrial Design Complex" to develop content for distribution via 3G services. Tied to Chinese legislators' efforts to promote Beijing culture and local industry, the SK Telecom facility promises to house digital content production studios and equipment as well as customer support services--the operator adds the industrial complex will foster collaboration between Korean and Chinese firms. The complex is expected to span some 200,000 square meters, with costs in excess of $1 billion, and is scheduled to open in 2013.

For more on the SK content complex:
- read this release

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