SK Telecom Invests 750 Billion KRW in SK Hyper to Expand AI Data Center

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On July 23, SK Telecom announced the launch of SK Hyper, a wholly-owned subsidiary focused on AI data center operations. The company plans to invest 750 billion KRW (approximately 3.453 billion CNY) by 2030, aiming to establish a 5GW AI data center by 2029 and 15GW by 2035. SK Hyper will construct data center clusters in Ulsan and expand into the Chungcheong region. This initiative aligns with rising inflation trends and the growing momentum behind AI and crypto-related developments.

According to IT Home, SK Telecom announced on July 23 the establishment of its wholly owned subsidiary, SK Hyper, focused on AI data center operations. SK Telecom plans to invest 750 billion KRW (approximately RMB 3.453 billion) in SK Hyper by 2030, with an initial target of completing an AI data center with a total capacity of 5 GW by 2029 and expanding it to 15 GW by 2035 based on market demand. In terms of deployment, SK Hyper will prioritize building a data center cluster in Ulsan, South Korea, and further expand gigawatt-scale facilities in the Chungcheong region.

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