SK Group is the largest telecom and third-largest conglomerate in South Korea.
According to Newsis, SK Group Chairman Chey Tae-won purchased 3,620 shares of SK Hynix.
Odaily News: SK Hynix announced that SK Group Chairman Chey Tae-won has acquired 3,620 shares of SK Hynix.
According to Yonhap News, Microsoft co-founder and Gates Foundation Chair Bill Gates is advancing plans to visit South Korea as early as next month and is coordinating schedules for a meeting with South Korean Prime Minister Han Duk-soo, with specific visit dates and discussion content yet to be determined. Last August, Gates visited South Korea and met successively with major corporate leaders including Chey Tae-won (SK Group), Jung Ki-sun (HD Hyundai), and Lee Jae-yong (Samsung Electronics) to discuss cooperation in AI, biotechnology, and next-generation nuclear power. If this visit to South Korea proceeds, the above topics are expected to continue as core agenda items. Gates also serves as the founder and chairman of the board of next-generation nuclear power enterprise TerraPower. The company is developing a "sodium" reactor small modular reactor (SMR) based on a molten salt energy storage system, which has received widespread industry attention for its adjustable power output and high safety.
August
based
Foundation
Foundation
Shimmer Network
Odaily News SK Group is pushing forward with the acquisition of the former Le Méridien Seoul site in Gangnam-gu, Seoul, and plans to build the SK Hynix headquarters. Reports indicate that the site is approximately 1 kilometer from the Samsung Group headquarters, "Samsung Town." SK Group Chairman Chey Tae-won is said to have requested that the new building be "5 meters taller than Samsung's."Currently, the specific method of participation in the project has not been finalized. Options including land acquisition, equity in the project company, or the pre-purchase of office buildings are still under discussion. (Asia Economy)
Headquarters
According to EToday, SK Group Chairman Chey Tae-won responded to the sharp plunge in SK Hynix's stock price, stating that although SK Hynix's stock price has recently corrected significantly, investors should not trade frequently but should hold the stock from a long-term perspective. As the artificial intelligence industry continues to develop, storage demand will continue to grow.
Long
Price
SK Group Chairman Chey Tae-won: Even if SK Hynix accelerates factory construction, the memory shortage will still persist. (Jin10)
According to Yonhap News Agency, Choi Tae-won, Chairman of South Korea’s SK Group, met with NVIDIA CEO Jensen Huang in Taipei on June 1. The two discussed collaboration on AI memory chips, jointly reviewed achievements made by both companies in the field of AI memory chips, and reaffirmed their commitment to jointly driving a new era of AI infrastructure development. SK hynix President Kook Roo-jung and other senior executives from both companies also attended the meeting. Later, Huang attended the “Korea Partner Night” dinner hosted by the Korean side, stating that the most critical elements of the HBM supply chain are performance, quality, reliability, and supply capacity—and that NVIDIA is working closely with SK.
June
Kook
NVIDIA