Monday 22 July 2024
Why didn't SK On make a profit in any of the 10 quarters since its establishment?
The SK Group views EV-related businesses as a key growth area for the future, which is why its battery subsidiary SK On invested over KRW20 trillion (US$14.5 billion) to expand its...
Monday 22 July 2024
SK Group's energy overhaul: SKI and SK E&S merge into US$72.5 billion powerhouse
South Korea's SK Group, previously considering a restructuring of its battery business, is now moving forward with a significant merger between SK Innovation (SKI) and SK E&S...
Friday 12 July 2024
Texas forges partnership with Samsung and SK Group, eyes future AI and EV collaborations
Texas Governor Greg Abbott's Indo-Pacific trip has brought him to South Korea, where he has focused on strengthening economic ties and exploring technological collaborations. The...
Monday 1 July 2024
SK Hynix aims to lead HBM Market for AI Chips, invests $75 Billion by 2028
Following a two-day annual strategy meeting, SK Hynix has announced plans to invest a hefty KRW$103 trillion (USD$74.6 billion) in its chip business for the next 3 years. SK Group,...
Monday 1 July 2024
SK Group chairman met with Microsoft and OpenAI CEOs to reinforce global AI partnership network
Following discussions with the CEOs of Nvidia and TSMC about AI semiconductor collaboration, SK Group chairman Chey Tae-won (Anthony Chey) visited the US in June 2024 and met with...
Tuesday 25 June 2024
SK keyfoundry unveils breakthrough in GaN technology
According to PR Newswire and Evertiq, SK keyfoundry has announced that it has secured key device characteristics for a 650V GaN High Electron Mobility Transistor...
Friday 21 June 2024
SK group to comprehensively review all investments besides semiconductors and AI
The SK Group currently owns 219 subsidiaries, more than three times that of the Samsung Group.
Wednesday 19 June 2024
Concerns over possible hostile takeover threat to parent company of SK Hynix growing
SK Group, the parent company of SK Hynix, has had its chairman, Chey Tae-won, face a historic divorce ruling. This circumstance raises concerns about potential hostile acquisitions...
Friday 7 June 2024
SK top executives visit TSMC's new chairman in secret mission
In a strategic move to bolster AI semiconductor competitiveness, SK Group Chairman Chey Tae-won and SK Hynix President Kwak Noh-Jun made a whirlwind visit to Taiwan on June 6.
Thursday 11 April 2024
What is behind SK Group's reported decision to merge its battery, lubricant arms?
SK Group is reportedly planning to merge its battery company, SK On, and lubricant subsidiary, SK Enmove, to proceed with turning SK On into a publicly traded business. The news came...
Monday 18 March 2024
SK Innovation puts Chinese battery subsidiary into liquidation as SK On scales
South Korea-based SK Innovation's Chinese battery subsidiary, Blue Dragon Energy, will go into liquidation as its business scope overlaps with SK On, the SK Group's rising battery...
Tuesday 16 January 2024
Samsung and SK Group unveil future AI visions at CES 2024
With generative AI being the lynchpin at the 2024 Consumer Electronics Show (CES) 2024, the discussion surrounding South Korean titan Samsung Electronics's future AI direction has...
Friday 8 December 2023
SK Hynix will welcome AI era with new approach as co-CEO Park Jung-ho steps down
To welcome the AI era, the SK Group underwent a major executive reorganization for 2024. Park Jung-ho, a close associate of SK Group chairman Chey Tae-won (Anthony Chey), is stepping...