Jeong Jae-hun, CEO of SK Telecom (SKT), has expressed his commitment to accelerating the expansion of the artificial intelligence data center (AIDC) business. He aims to establish SK Hyper as a hub for AI infrastructure in Asia.
According to industry sources on July 24, Jeong told employees the day before, "We launched SK Hyper to ensure rapid execution and tangible results for AIDC, which is a core growth business for the company. Now is the golden time for action as competition for AI infrastructure is intensifying."
He added, "In line with the government's 'Korea Mega Leap Project,' we will focus on accelerating the development of the AIDC business. We will prioritize securing key bottlenecks such as land and power, and lead the attraction of global customers and commercialization efforts." He emphasized, "Our goal is to expand our business into key areas of the AI infrastructure value chain and leap forward as an AI infrastructure hub in Asia. From now on, we must act boldly and strengthen our capabilities to secure competitiveness."
Earlier, on July 23, SKT held a board meeting and established SK Hyper, a new company dedicated to AIDC business development. The company plans to invest a total of 750 billion won by 2030 to lay the groundwork for its operations. SK Hyper will be responsible for securing sites for AIDC construction, building and operating substations, attracting global customers, and commercialization.
Specifically, SK Hyper plans to gradually establish a 5-gigawatt (GW) AIDC by 2029, with plans to expand to 15 GW by 2035 based on market demand.
To achieve this, the company is also pursuing plans to build GW-level AIDCs starting in Ulsan, as well as in the Chungcheong and southwestern regions.
* This article has been translated by AI.
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