Written by 11:27 AM Economics

Chey Tae-won meets with Jensen Huang: “Proactively addressing NVIDIA’s needs”

“Falling behind in the AI race threatens the competitiveness of industries like semiconductors, shipbuilding, and steel.”
“AI is not optional⋯the basic environment, including infrastructure and people, needs to be established.”
“After AI semiconductors, AI data center business is the main focus moving forward.”
, “On the 8th (local time), Chairman Chey Tae-won of SK Group met with Jensen Huang, CEO of Nvidia, at ‘CES 2025’, the world’s largest IT and electronics exhibition, to discuss high-bandwidth memory (HBM), among other topics.”,
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, ‘On that day, Chairman Chey held a press conference at the Central Hall of the Las Vegas Convention Center (LVCC) in the U.S. and mentioned his meeting with CEO Huang.’,
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On the morning of the 8th (local time), SK Group Chairman Chey Tae-won is visiting the Samsung Electronics CES exhibit located in the Central Hall of the Las Vegas Convention Center in the U.S., browsing the sections. [Photo by Ahn Se-jun]

On the morning of the 8th (local time), SK Group Chairman Chey Tae-won is visiting the Samsung Electronics CES exhibit located in the Central Hall of the Las Vegas Convention Center in the U.S., browsing the sections. [Photo by Ahn Se-jun],
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, ‘Chairman Chey stated, “We had several discussions related to business with one another,” and added, “Previously, their request was to ‘develop (the next generation of HBM) faster,’ but recently, SK Hynix has proactively accelerated its development speed, and now we are both advancing quickly head-to-head.”‘,
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, ‘He further explained, “(Nvidia) truly understands computing and is a company that efficiently finds and creates solutions related to computing, which is what CEO Huang believes, and they were indeed acting accordingly.”‘,
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, ‘Chairman Chey also introduced SK’s vision for pushing forward with the data center business related to artificial intelligence (AI).’,
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, ‘He revealed, “Although we are currently focused on AI semiconductors, we are now also exploring models that can be solutions for AI data centers and are prioritizing AI-related business as a core task.”‘,
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, ‘Chairman Chey emphasized that South Korea must not fall behind in the AI industry competition, stating, “AI is something that must be pursued whether we like it or not, and falling behind in this competition could threaten the competitiveness of all the industries we have been proud of, like semiconductors, shipbuilding, and steel.”‘,
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, ‘He also pointed out, “AI is not a choice, it’s an industry that, like the internet or steam engines, brings comprehensive changes across all fields,” adding, “Depending on whether we lead these changes from the forefront or merely follow them, the economic tides will inevitably vary.”‘,
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, ‘Chairman Chey also made suggestions for the development of South Korea’s AI industry. He mentioned, “We need to develop APIs in one form or another,” and “Support is necessary for strategic endeavors, such as making AI related to manufacturing or robotics or focusing on specific regions.”‘,
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, ‘He argued that pursuing overall growth without specialization in the AI industry makes it difficult for individual companies or organizations to compete on a global scale in terms of size and capability.’,
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, ‘Lastly, Chairman Chey emphasized the importance of AI infrastructure and human resources, stating, “A fundamental environment needs to be created where people can regularly use AI, and where those who create and research AI can experiment with it and produce results through education.”‘,
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