SK Group is set to hold a CEO seminar chaired by Chairman Chey Tae-won to review its artificial intelligence (AI) business strategy and the outcomes of its business portfolio restructuring.
According to industry sources on November 11, the seminar will take place from November 12 to 14 at the SKMS Research Institute in Icheon. Attendees will include Chairman Chey, Vice Chairman Chey Jae-won, SK Supex Council Chairman Chey Chang-won, and executives from major affiliates.
The seminar will focus on strengthening AI business competitiveness and enhancing synergies among affiliates. Discussions are expected to center on growth strategies that link SK Hynix's high-bandwidth memory (HBM), SK Telecom's AI data centers, and SK Innovation's energy business.
In light of the recent Democratic victory in the U.S. midterm elections, which has raised market concerns about continued investment in AI infrastructure, the seminar will also examine fluctuations in memory market demand and the corresponding business outlook for next year.
Additionally, the seminar will review follow-up tasks related to the group's ongoing business rebalancing efforts. SK Group has been restructuring its business framework through the sale of non-core assets and the integration of affiliates. There is also a possibility that the AI infrastructure strategy for SK Eco Plant, which SK Inc. plans to fully acquire, will be discussed.
New executives who joined through last month's management reshuffle will also participate. Discussions are anticipated to focus on restructuring the petrochemical business and expanding SK On's energy storage system (ESS) business, as well as enhancing competitiveness in liquefied natural gas (LNG) power generation and power solutions.
* This article has been translated by AI.
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