Industry
South Korea's SK Telecom Establishes SK Hyper Subsidiary, Plans to Build 15GW AI Data Center
South Korea's SK Telecom announced on July 23 the establishment of a wholly-owned subsidiary, SK Hyper, focusing on AI data center business. The company plans to inject 750 billion won (approximately 3.453 billion yuan) by 2030, build 5GW capacity by 2029, and expand to 15GW by 2035. SK Hyper will first build a data center cluster in Ulsan and construct more gigawatt-level facilities in the Chungcheong region.
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