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SK Group is South Korea’s second-largest conglomerate, based in Seoul, with over 175 operating companies and a workforce of more than 100,000 employees. The group reported combined annual revenues of approximately $139 billion and assets of $253.1 billion as of 2023. Its core business areas include energy, advanced materials, life sciences, and digital technologies, with a focus on innovation and sustainability.
Formerly known as Sunkyong Group until 1998, SK Group is controlled by the estate of Chey Tae-won through its holding company, SK Inc. This company emphasizes investments in semiconductors, green economy initiatives, life sciences, biopharmaceuticals, and digital transformation technologies such as AI and blockchain. Key subsidiaries include SK Hynix, a leading memory chip manufacturer, and SK Telecom, a major telecommunications provider. The group is also expanding its presence in electric vehicle battery manufacturing and related mobility technologies, serving a diverse range of industries globally.
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