SK Group Chairman Chey Tae-won urged affiliates to redefine themselves as AI companies and build an AI flywheel linking growth across the conglomerate. Speaking at the 2026 CEO Seminar held from November 12 to 14 at the SKMS Research Institute in Icheon, Gyeonggi Province, Chey said SK must expand beyond semiconductors, infrastructure and energy into AI models and services and participate in a token economy where AI computing and services are traded as resources. The strategy links AI semiconductor capabilities with AI factories, which increase demand for electricity, energy and AI services; competitive energy supplies and wider service adoption would then support further investment in factories and advanced chips. More than 50 executives, including Chief Vice Chairman Choi Jae-won and Chey Chang-won, Chairman of the SK Supex Council, discussed new roles for affiliates, open cooperation with global partners and the group’s ongoing Portfolio Rebalancing 2.0. They also endorsed cash-generation-based capital allocation and practical AI transformation combining employees’ expertise with company data. SK Hynix, SK Innovation, SK Telecom and SK Gas are applying AI and operational data to production, process yields, network and service automation, and market analysis.