Sign in

    ARam Kim • Shinhan Investment and Securities

    ARam Kim's questions to SK Telecom Co Ltd (SKM) leadership

    ARam Kim's questions to SK Telecom Co Ltd (SKM) leadership • Q2 2025

    Question

    Aram Kim from Shinhan Securities questioned the annual investment plans and revenue projections for the new Ulsan AI Data Center (AIDC), its impact on CapEx, and the company's strategy for sovereign AI development.

    Answer

    Eunwoo, Head of AIDC Development, explained that SK Broadband will fund the Ulsan AIDC construction while AWS invests in GPUs, targeting a combined 300 MW capacity and KRW1 trillion in annual revenue by 2030. Management added that despite this investment, total company CapEx will remain stable. A representative also detailed SK Telecom's role in national AI projects, its development of a Korean-specific LLM, and its goal to become a leading AI company in Korea.

    Ask Fintool Equity Research AI

    ARam Kim's questions to SK Telecom Co Ltd (SKM) leadership • Q2 2024

    Question

    ARam Kim from Shinhan Investment and Securities asked about SK Telecom's capital allocation strategy for its improved earnings, specifically the balance between debt reduction, shareholder returns, and AI investments. She also sought clarity on the most profitable AI business areas and the company's Edge AI plans.

    Answer

    CFO Yang-Seob Kim outlined a balanced approach for allocating excess cash flow between strategic AI investments, stable shareholder returns (dividends and potential buybacks), and improving the balance sheet by reducing borrowings. Hwang Keun-joo from the infrastructure engineering office detailed the Edge AI strategy, explaining it as a key opportunity for telcos to offer superior response time and security for AI inference, potentially leading to new revenue streams and a revaluation of telecom infrastructure.

    Ask Fintool Equity Research AI