On July 23, SK Telecom announced that it would establish and invest in "SK Hyper" for its AI data center business.


The number of shares to be acquired is 1,875,000, with an acquisition amount of 750 billion won. This amount is equivalent to 5.79% of its equity capital. The scheduled acquisition date is December 31, 2030. The purpose of the acquisition is to strengthen competitiveness in the AI data center business.



Of the investment amount, 330 billion won will be contributed within this month, and the remaining 420 billion won will be invested later depending on the progress of the business.


This content was produced with the assistance of AI translation services.

© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.

Today’s Briefing