Yoo Young-sang SKT CEO "Plan to Introduce Nvidia Blackwell... Possible in Q2 or Q3 This Year"

SKT Shareholders' Meeting on the 26th
"Aiming to Monetize AI Services Starting This Year"
On Fair Trade Commission's Fine: "We Will File an Administrative Lawsuit"

Yoo Young-sang, CEO of SK Telecom (SKT), announced plans to introduce NVIDIA's Blackwell, the successor to the H series, as a graphics processing unit (GPU) for data centers.

After the regular shareholders' meeting held on the 26th at the T Tower headquarters in Euljiro, Seoul, Yoo told reporters about the GPU introduction plan, "Blackwell seems to be more efficient than the H200, so we plan to introduce it to meet demand," adding, "it will likely be possible in the 2nd to 3rd quarter of this year."

SKT's plan is earlier than the government's scheduled launch of the national artificial intelligence (AI) computing center service in November. This has led to speculation that SK Telecom's computing resources might be utilized for the establishment of the national AI computing center.

Regarding the bid for the national AI computing center, he said, "We agree with the purpose, but there are various complex conditions, so we are consulting with the government," and added, "If the consultation proceeds smoothly, I think we can build the nation's AI infrastructure in various ways. Even if not through that project, we are willing to contribute as a telecommunications company to the establishment of the national AI computing center."

On the Fair Trade Commission imposing corrective orders and a total fine of 114 billion KRW on the three telecom companies for collusion, Yoo said, "We plan to proceed with administrative litigation and will seek the court's judgment regarding the fine."

He also noted that since the decision to abolish the Act on the Improvement of Distribution Structure for Mobile Communication Terminals (DanTongLaw), there has been no sign of overheated market competition, stating, "We will closely monitor the market situation and continue to strive to provide differentiated value to customers."

In response to a question suggesting that "SKT does not seem to be focusing on the Urban Air Mobility (UAM) business," he said, "The UAM business involves a complex mix of regulations, technology, and economic environment," adding, "Although the final decision has not been made, we will make a separate decision after observing various market conditions."

At the shareholders' meeting, SK Telecom announced plans to monetize AI services aiming for double-digit growth this year through AI cloud, the upcoming enterprise-to-enterprise (B2B) agent 'A.Dot Biz' to be launched this year, and its self-developed AI model 'A.Dot X 4.0.'

The company appointed lawyer Kim Chang-bo and SK Group's Portfolio Management (PM) division head as new outside director and other non-executive director, respectively. Additionally, the articles of incorporation were amended to set the dividend record date and dividend amount within 45 days from the end of the quarter and to announce them two weeks in advance.

This content was produced with the assistance of AI translation services.