SK Group
SK그룹
One of Korea's largest chaebols spanning energy, chips and telecom.
Latest News
SK Innovation Tells Shareholders SKIET Merger Was Unavoidable, Promises Return Policy Early Next Year
SK Innovation defended its planned absorption merger with battery separator unit SKIET at a shareholder meeting, citing default risk at the subsidiary, and pledged to unveil a shareholder return policy by early next year.
SK Telecom to Spin Off AI Data Center Business as SK Horizon
SK Telecom will spin off SK Broadband's AI data center and submarine cable operations into a new firm, SK Horizon, backed by KRW 3.08 trillion from KKR and an IMM-Stonebridge consortium, with completion targeted for early next year.
South Korea Confirms Chip Investment Talks With US as Tariff Threat Grows
A presidential official in Seoul confirmed semiconductor investment is part of ongoing talks with Washington, as the US signals plans for targeted tariffs on chip imports even after Korea's $350 billion investment pledge.
SK Innovation Shares Hit 52-Week High as Battery Unit SK On Wins Big U.S. ESS Deal
SK Innovation stock surged to a 52-week high after subsidiary SK On landed a roughly 1.5 trillion won ESS battery supply deal with a U.S. firm, sparking hopes the long-struggling battery arm could become a growth driver, though a planned merger with SKIET still tempers optimism.
Timeline
- SK Innovation Tells Shareholders SKIET Merger Was Unavoidable, Promises Return Policy Early Next Year
- SK Telecom to Spin Off AI Data Center Business as SK Horizon
- South Korea Confirms Chip Investment Talks With US as Tariff Threat Grows
- SK Innovation Shares Hit 52-Week High as Battery Unit SK On Wins Big U.S. ESS Deal
