Business · Companies · 46 mins ago
SK chief urges group to build an AI growth cycle
SK Group chairman Chey Tae-won called for the group to reshape itself for AI at a leadership meeting in Icheon, South Korea.
More than 50 executives attended the three-day seminar, held from Nov.
12 to 14.
Chey said the group should look beyond its existing businesses and find new roles for its companies, working with global partners.
The proposed AI growth cycle links chips, computing facilities, energy and services: stronger chip capabilities could expand AI facilities, which could increase demand for energy and AI services.
SK also wants to play a leading role in a “token economy,” where AI computing and services are traded as resources.
Executives agreed to keep restructuring the business portfolio and balance investment with financial health as they pursue future growth.
They also plan to spread practical uses of AI across the group, including in factories, operations and telecom services.
SK Group Chairman Chey Tae-won urged the group to build an “AI flywheel” in which growth in one business creates growth in others.
He called on member companies to rethink their roles, expand beyond existing businesses and connect AI services with a token economy.
The strategy links semiconductor strength to AI factories, whose expansion can create demand for energy and AI services.
More than 50 executives attended SK’s 2026 CEO seminar in Icheon, South Korea, held from Nov. 12 to 14.
Executives also agreed to continue portfolio restructuring and spread practical AI transformation across the group.
- Who
- SK Group Chairman Chey Tae-won and more than 50 group executives.
- What
- Chey urged the group to create an AI flywheel that turns growth in one business into growth in others.
- When
- The seminar was held from Nov. 12 to 14, 2026.
- Where
- SKMS Research Institute in Icheon, Gyeonggi Province, South Korea.
- Why
- To develop new growth opportunities in the AI era and strengthen the group’s competitiveness.
This story does not have two clearly opposing sides.
SK held its CEO seminar at the SKMS Research Institute in Icheon.
Chey delivered a keynote address and discussed future growth strategies with executives.
- Seminar dates
- Nov. 12–14, 2026
- Location
- SKMS Research Institute, Icheon, Gyeonggi Province
- Attendance
- More than 50 executives
- AI flywheel pillars
- AI semiconductors, infrastructure and energy
- Additional plans
- Continue portfolio rebalancing and expand practical AI transformation across the group
What people are saying
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