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AI & Enterprise

Race to foster AI data centres; industry calls for deregulation and tax credits

Industry figures called for developing AI data centres as \"AI factories\" that produce computing resources, citing job creation and regional balanced development. At a forum hosted by the Korea Telecommunications Operators Association in Seoul, an SK Telecom executive urged attracting big tech AI computing demand and building domestic production hubs, while calling for deregulation and tax credits. Speakers also outlined planned sub-regulations for a special AI data centre law, including power-capacity criteria, streamlined permits and special zones outside the capital region.

AI & Enterprise

SKT to spin off SK Broadband, launch AI data centre unit SK Horizon

SK Telecom will spin off its wholly owned unit SK Broadband to separate its AI data centre business into a new company, SK Horizon, and attract 3.08 trillion won in external investment. SK Broadband will continue wireline, media and enterprise operations, while SK Horizon will run AI data centre infrastructure, including 8 existing centres and projects under construction. KKR and an IMM-Stonebridge consortium will take 29 percent and 20 percent stakes after staged investment.

Industry

Honam semiconductor, AI data center projects exempted from pre-feasibility review as three mega projects gain pace

South Korea will exempt pre-feasibility reviews for infrastructure projects to build a Honam semiconductor cluster and expand AI data centers. President Lee Jae-myung approved the measures at a cabinet meeting on Aug. 25, along with multiple bills and decrees. The exemptions cover power and water infrastructure for semiconductor industrial complexes and related support projects. Additional plans include support for a southwest semiconductor base, AI data center clusters, AI construction robots and physical AI trials for small manufacturers.