{"id":5184,"date":"2025-05-16T19:02:34","date_gmt":"2025-05-16T11:02:34","guid":{"rendered":"https:\/\/cicserver.com\/sk-groups-it-subsidiary-sells-data-center-business-to-broadband-subsidiary\/"},"modified":"2025-05-16T19:02:34","modified_gmt":"2025-05-16T11:02:34","slug":"sk-groups-it-subsidiary-sells-data-center-business-to-broadband-subsidiary","status":"publish","type":"post","link":"https:\/\/cicserver.com\/de\/sk-groups-it-subsidiary-sells-data-center-business-to-broadband-subsidiary\/","title":{"rendered":"SK Group&#8217;s IT subsidiary sells data center business to broadband subsidiary"},"content":{"rendered":"<p><br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/media.datacenterdynamics.com\/media\/images\/SK_telecom.2e16d0ba.fill-750x500.png\" \/><\/p>\n<div>\n<p data-block-key=\"hkz73\">SK C&amp;C, the IT subsidiary of South Korean conglomerate SK Group, has sold its data center business to sister company SK Broadband.<\/p>\n<p data-block-key=\"cabpr\">SK C&amp;C\u2019s 30MW facility in Pangyo, a district outside of Seoul, was sold to SK Broadband for about KRW 500bn ($36m).<\/p>\n<\/div>\n<div>\n<p data-block-key=\"hkz73\">SK Broadband now operates nine data centers. Its most recent facility was constructed in Yangju, a city north of Seoul.<\/p>\n<p data-block-key=\"3jh1u\">The company said that the move would eliminate inefficiencies in overlapping businesses.<\/p>\n<p data-block-key=\"5edap\">SK C&amp;C also announced that it would change its name to SK AX to <a href=\"https:\/\/www.mk.co.kr\/en\/it\/11315673\">reflect<\/a> its focus on integrating agentic <a href=\"https:\/\/cicserver.com\/de\/openai-signs-new-4bn-cloud-deal-with-coreweave\/\">AI<\/a> into workflows.<\/p>\n<p data-block-key=\"d7c72\">SK Telecom currently works with SK C&amp;C on Adot Biz, the SK Group\u2019s own agentic AI designed for business applications. It is currently undergoing beta testing and could potentially launch by June.<\/p>\n<p data-block-key=\"dgt97\">The subsidiary also has operations in the US.<\/p>\n<p data-block-key=\"11tef\">The conglomerate\u2019s consolidation comes amidst a period of growth in the South Korean data center market. Other South Korean conglomerates like <a href=\"https:\/\/www.datacenterdynamics.com\/en\/news\/lg-uplus-to-invest-4417m-in-paju-data-center-in-south-korea\/\">LG<\/a>, <a href=\"https:\/\/www.datacenterdynamics.com\/en\/news\/kt-cloud-selected-as-operator-of-guro-data-center-in-south-korea\/\">KT<\/a>, and <a href=\"https:\/\/www.datacenterdynamics.com\/en\/news\/samsung-sds-acquires-site-in-south-korea-for-data-center-appoints-new-ceo\/\">Samsung<\/a> have their own data center businesses.<\/p>\n<p data-block-key=\"2sr8a\">SK Group is one of South Korea\u2019s largest conglomerates. Its telecoms subsidiary, SK Telecom, released its Q1 2025 <a href=\"https:\/\/www.datacenterdynamics.com\/en\/news\/south-koreas-sk-telecom-reports-growth-in-data-center-and-ai-related-business-for-q1-2025\/\">earnings<\/a> a day prior to this announcement and is currently embroiled in a data leak controversy.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.datacenterdynamics.com\/en\/news\/sk-groups-it-subsidiary-sells-data-center-business-to-broadband-subsidiary\/\">Source link <\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>SK C&amp;C, the IT subsidiary of South Korean conglomerate SK Group, has sold its data center business to sister company SK Broadband. SK C&amp;C\u2019s 30MW facility in Pangyo, a district outside of Seoul, was sold to SK Broadband for about KRW 500bn ($36m). SK Broadband now operates nine data centers. Its most recent facility was [&hellip;]<\/p>","protected":false},"author":3,"featured_media":5185,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-5184","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blog"},"_links":{"self":[{"href":"https:\/\/cicserver.com\/de\/wp-json\/wp\/v2\/posts\/5184","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cicserver.com\/de\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cicserver.com\/de\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cicserver.com\/de\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/cicserver.com\/de\/wp-json\/wp\/v2\/comments?post=5184"}],"version-history":[{"count":0,"href":"https:\/\/cicserver.com\/de\/wp-json\/wp\/v2\/posts\/5184\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cicserver.com\/de\/wp-json\/wp\/v2\/media\/5185"}],"wp:attachment":[{"href":"https:\/\/cicserver.com\/de\/wp-json\/wp\/v2\/media?parent=5184"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cicserver.com\/de\/wp-json\/wp\/v2\/categories?post=5184"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cicserver.com\/de\/wp-json\/wp\/v2\/tags?post=5184"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}