SK Telecom Expands Data Centre Plans in Korea and Vietnam, Plans 1GW Capacity in Ulsan
ByAinvest
Thursday, Nov 6, 2025 10:10 am ET1min read
SKM--
SK Telecom plans to expand its data centre in Ulsan, Korea, increasing capacity from 103MW to 1GW. The company also announced plans for a new facility in Vietnam, powered by LNG. The expansion is part of a partnership with AWS and is supported by a 7 trillion won ($5.11 billion) budget from Korea's Ministry of Science. SK Telecom's AI business reported 32.2% growth in Q3, while the company's overall revenue and operating income dropped 12.2% and 90.9%, respectively, due to a cyberattack.
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