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SK Telecom Establishes AI Data Center Subsidiary, Allocates 750B Won Through 2030

AI Industry News

2026-07-24 01:14:03

SK Telecom3.21%

According to Seoul Economic, on July 23, SK Telecom announced the establishment of SK Hyper, a dedicated subsidiary focused on AI data center development, with 750 billion won in investment planned through 2030. The company aims to construct a 5GW-scale AI data center in the Yeongnam region, including Ulsan, by 2029, with plans to expand infrastructure to 15GW total capacity across additional regions including Chungcheong. In a separate move, Woori Bank allocated approximately 750 billion won to build 200 residential units exclusively for junior employees at its Seoul locations, addressing housing cost pressures in a high inflation environment.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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