Hana Securities Sees SK Telecom Data Center Revenue Reaching 5 Trillion Won by 2032
Translated from Korean and summarized by DistantNews. Read the original for the full story.
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- Hana Securities projected that SK Telecom’s data center business could generate about 5 trillion won in revenue and 1 trillion won in operating profit by 2032.
- The forecast assumes the company expands data center capacity to 1.5 gigawatts, while Hana maintained its buy rating and 140,000-won target price.
SK Telecom’s data center expansion could become a long-term growth engine, Hana Securities said on the 9th, keeping its target price at 140,000 won.
The brokerage estimated that if SK Telecom increases its data center capacity to 1.5 gigawatts by 2032, the business could produce about 5 trillion won in revenue and roughly 1 trillion won in operating profit.
Hana Securities maintained its “buy” recommendation. SK Telecom closed at 92,400 won in the previous trading session.
About this summary
Originally published by Chosun Ilbo in Korean. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.
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