SK Telecom President Jung Jai-hun said, "Now, as competition to preempt artificial intelligence (AI) infrastructure is intensifying, is the golden time for execution," expressing his intent to speed up the AI data center business.

According to the industry on the 24th, Jung said in a message sent to employees the previous day, "To ensure swift execution and tangible results for the company's core growth business, AI data centers, we are launching SK Hyper."

Jung Jai-hun of SK Telecom speaks during a meeting of the Ministry of Science and ICT and the three telecom CEOs at SK Telecom's headquarters in Jung District, Seoul, on the 23rd. /Courtesy of Joint Press Corps

SK Telecom said it established SK Hyper, a new corporation specializing in AI data center business development, and will invest 750 billion won through 2030 to lay the business foundation.

Jung said, "In step with the government's 'Korea Great Leap Mega Project,' we will focus on accelerating business development for the AI data centers to be built," adding, "In particular, we will secure key bottleneck factors such as sites and power in advance, and lead global customer acquisition and commercialization." He continued, "Our goal is to expand into the core areas of the AI infrastructure value chain and leap forward as an Asian AI infrastructure hub," adding, "From now on, we must move boldly and build our capabilities firmly to secure competitiveness."

Jung added, "SK Hyper will handle new AI data center business development and large-scale builds, SK Telecom will secure business models and core capabilities including the AI Factory, and SK Broadband will strengthen its existing data center operations capabilities."

SK Telecom plans to install AI data centers with a total capacity of 15 GW (gigawatts) by 2035, centered on SK Hyper.

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