SK Group Executives Said to Convene This Week to Discuss Next Year's Business Strategy, with AI as a Key Agenda Item

Deep News08:20

Industry insiders have disclosed that South Korea's SK Group will hold a workshop for its senior executives later this week, aimed at mapping out next year's business strategy.

Sources say the three-day CEO workshop will be chaired by Group Chairman Chey Tae-won and take place from Thursday to Saturday, bringing together a number of top executives from the group's major subsidiaries.

The annual gathering includes internal presentations, discussions and external lectures, offering an opportunity for SK Group executives to review key group-wide issues and discuss business strategy for the coming year.

Sources said artificial intelligence (AI) is expected to be a key theme, with a focus on business strategy and potential synergies among the group's affiliates.

Discussion is expected to center on how to maximize synergies between SK Hynix Inc's (KRX: 000660) semiconductor business, including high-bandwidth memory, or HBM, SK Innovation Co Ltd's (KRX: 096770) AI-related energy business, and SK Telecom Co Ltd's (KRX: 017670) AI data center business.

In addition, given rising market concerns over the sustainability of AI infrastructure investment following the U.S. midterm elections, the executives are also expected to explore possible changes in memory chip demand next year and their impact on the outlook for various businesses.

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