\n\tSK Telecom (SKT) announced that its Board of Directors has approved the establishment of \u2018SK Hyper,\u2019 a new company dedicated to AI data center (AIDC) business development, along with an investment of KRW 750 billion by 2030 to lay the groundwork for the business.<\/p>\n
\n\tThe name \u2018SK Hyper\u2019 embodies the meaning of transcending all limits to unlock infinite possibilities, and reflects the company\u2019s determination to rapidly expand the AIDC business to hyperscale.<\/p>\n
\n\tSK Hyper will focus on business development to enable the build-out of 15GW of AIDC capacity over the mid-to-long term. It will be responsible for securing sites, constructing and operating substations, acquiring customers, and commercializing the AIDC business.<\/p>\n
\n\tSKT will retain 100% ownership of SK Hyper and provide phased capital contributions as needed through 2030, within the approved investment limit.<\/p>\n
\n\tWith the newly established company, SKT is expected to accelerate the build-out of AIDCs to help achieve the government\u2019s mega project. Centered on SK Hyper, SKT targets a phased opening of 5GW of AIDC capacity in 2029 as the first phase.<\/p>\n
\n\tTaking market demand and other factors into account, SKT plans to commence sequential expansion toward a total capacity of 15 GW in 2035.<\/p>\n
\n\tRecently, SKT also established the AIDC Integrated Development Division reporting directly to the CEO to consolidate the Group\u2019s full-stack AI capabilities.<\/p>\n
\n\tSKT plans to build out AI infrastructure by region, starting with a GW-class AIDC cluster in Ulsan and adding additional GW-class AIDCs in the Chungcheong and Honam regions.<\/p>\n
\n\tOn the same day, SK Hyper\u2019s Board of Directors appointed Chung Suk-geun as the inaugural CEO of SK Hyper. CEO Chung is recognized for deep expertise in the AIDC business, currently serving as SKT\u2019s Head of the AI CIC (Company-in-Company). He also heads SKT\u2019s AIDC Integrated Development Division, tasked with connecting SK Group\u2019s AIDC execution organizations and accelerating the delivery of the project.<\/p>\n
\n\t\tChung Suk-geun, CEO of SK Hyper<\/p>\n
\n\t\tSK Hyper’s role is to turn SK Group’s blueprint for Asia\u2019s AI Infrastructure Hub into reality. Through systematic and rapid execution, we will secure core infrastructure and customers, and contribute to Korea’s advancement to AI G3.<\/p>\n","protected":false},"excerpt":{"rendered":"
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