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SK Telecom Establishes AI Data Center Subsidiary SK Hyper, Plans 750 Billion Won Investment by 2030

AI Tools & Apps

2026-07-23 09:04:11

SK Telecom5.73%

According to Yonhapinfomax, SK Telecom established a new subsidiary, SK Hyper, on July 23 to accelerate its AI data center business. The company's board approved a plan to invest 750 billion Korean won through 2030 to develop the subsidiary.

SK Hyper will focus on securing land, building and operating substations, and acquiring customers for AI data centers. SK Telecom targets opening 5GW of AI data center capacity by 2029 as a first phase, with plans to expand to 15GW total capacity by 2035 across regions including Ulsan, Chungcheong, and Southwest Korea.

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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