SK creates sustainable happiness for all stakeholders associated with SK The people of SK have confidence and passion in SKMS and are voluntarily and willingly practicing SKMS. This is how one’s own happiness and the happiness of stakeholders are pursued in parallel.
Customers
Happiness of SK People The people of SK are growing the pie of happiness based on the belief and trust that happiness can be increased
Trust/Choice Sustain customer satisfaction, and spread far and wide when working shoulder to address pain points shoulder with the SK community.
Environmental protection, Social Value job creation, community Mutual cooperation/ SK is actively creating social value, defined as all value contribution etc. development created by the Company to promote the happiness of Business Society stakeholders. SK partners (Employees) Trust/support Build a fair and corporate activities competitive ecosystem SUPEX Company SK upholds SUPEX, or Super Excellent, the highest level of achievement that can be reached by humankind, as the Generate corporate Long-term investment value, ESG etc. Company’s goal, and is making every effort to achieve this level in order to become a happier company.
VWBE Culture SK continues to foster people with ‘Pae-gi,’ defined as voluntary and willing brain engagement. Shareholders 1950 1960 1970 1980 1990
1953 1962 1977 1980 1991 Founded Sunkyong Textiles amid The first national export of Sunkyong Chemicals (currently Acquired Korea Oil Corporation Completed vertical integration from oil to the ashes of the Korean War textiles to Hong Kong SKC) became the first company textiles with the inauguration of the new in Korea to successfully develop 1985 Ulsan plant polyester film 1969 Founded Yokong Gas (currently Founded Sunkyong Synthetic SK gas), expanded energy business 1994 Textiles, a producer of polyester, 1979 Ventured into cutting-edge ICT by beco- and commenced manufacture of Established business 1988 ming the largest shareholder of Korea Mobile Communications (currently SK telecom) filament yarn management system SKMS Yokong (currently SK innovation) became (SK Management System) the first company in Korea to succeed in overseas crude oil development 1996 First in the world to commercialize CDMA 1989 mobile services Established SUPEX methodology to go beyond SKMS and evolve 1998 into a leading global company Declared SK as the new CI for the global era
2000 2010
2002 2010 2014 2016 2019 SK telecom, fist in the world to Officially launched SK China SK innovation secured operating SK networks acquired Tongyang Magic Declared 2019 to be the base year commercialize synchronous 3G rights to oil production fields to secure infrastructure in overall home of happiness-based management services 2011 and life services market SK hynix inaugurated backend process SK entered into a strategic partnership Founded SK innovation, SK production subsidiary in Chongqing, China SK materials was acquired to create with Vietnamese company Vin Group 2005 energy and SK global chemical growth opportunities in the semiconduc- Introduced ‘Wings of Happiness’ SK E&S made inroads into the tor materials business SK telecom, first in the world to which encapsulates ambition to 2012 North American market via joint commercialize 5G mobile services become a global company development of shale gas 2017 Welcomed SK hynix into the SK family SK hynix, first in the world to SK siltron, producer of wafers for semi- to establish semiconductors as the mass produce 128-layer 1Tb TLC 2015 conductors, was acquired to complete 2007 third pillar of growth 4D NAND Flash chips Shifted to a holding company SK holdings merged with SK C&C the semiconductor materials portfolio system to boost efficiency and 2013 to launch integrated holdings SK siltron acquired DuPont’s SiC bolster financial soundness company 2018 wafer division Established autonomous voluntary SK telecom acquired ADT CAPS to business management and a foun- SK hynix inaugurated the world’s enter cutting-edge security Business SK biopharmaceuticals, first in dation for voluntary participation in the largest next generation DRAM Korea to win U.S. FDA approval SUPEX Council of affiliates by adopting FABM14 SK hynix inaugurated M15, a culmination for a new independently ‘Independent Yet United 3.0’ of global state-of-the-art technology developed anti-epileptic drug SK holdings acquired AMPAC, the first Reorganized SK innovation to have acquisition of a U.S. pharmaceutical five subsidiaries company by a Korean firm SK will continue to create value for the happiness of stakeholders in all business lines; energy and chemicals that lead global growth; ICT, semiconductor and materials that pioneer technological innovation in the era of the Fourth Industrial Revolution; and logistics, services and bio that enrich lives.
(unit: USD)
logistics, services and bio affiliates ccelerating innovation in diverse fields and are heralding a new era by transforming business structures, generating creative ideas, and developing cutting-edge technology. Total revenue (unit: USD billion) Operating income (unit: USD billion)
Market Capitalization (unit: USD billion) Investment (unit: USD billion) SK has instituted a system for independent and autonomous business management of affiliates as well as a system for cooperation among affiliates to strengthen future competitiveness. The SUPEX Council is the official highest consultative body of the management of Strategy SK Group. Committee There are seven specialized committees under the Council to promote the implementation Energy · Chemicals of ‘Independent Yet United,’ by galvanizing the Committee SV (Social Value) collective intelligence and mutual cooperation Committee of affiliates.
ICT Committee
Human Resource Promotion Committee
Global Growth Communication Committee Committee SK is going beyond the subjective role of social responsibility to play a more active role of social value creation, ultimately to contribute to the sustainable growth of the Company and society.
SK has adopted the ‘DBL (Double Bottom Line) Management’, Corporations have long been using assets exclusively to generate which measures and manages economic and social value economic value. However, in the process of contemplating social simultaneously. DBL management pursues both social value and value, SK has come to a different conclusion. SK is exploring ways to economic value in parallel in overall corporate business activities. transform both tangible and intangible corporate assets valued at over Social value is measured and business models based on social USD 171.6 billion into shared infrastructure so that it can be shared by value are being developed. society at large. SK believes that innovative business models can come to life in the process of maximizing value by sharing the assets with society.
Since 2016, SK has operated the Happy Alliance, the largest social SK is exploring different means of cooperation with social value contribution platform in Korea, to address the issue of children who creation experts. Social enterprises address social issues while also are skipping meals due to economic hardships. It marshals the generating profit. SK has established social enterprise investment resources and capabilities of social agents to resolve social issues. funds and is fostering experts in social innovation so that talent and Since 2019, SK has sought to establish a vibrant social value capital can continue to flow into the social enterprise ecosystem. community by hosting SOVAC (Social Value Connect), the first and In addition, Happynarae is working to vitalize the social enterprise largest social value creation event held by a private company ecosystem and spread social value. in Korea. SK is contemplating the role of corporations required by today’s society and innovating business models by means of measuring and analyzing social value.
(unit: USD)
Indirect economic contribution Business social performance Social contribution performance performance Social value created by development, Value contributed indirectly to the production and sale of products Value generated by social contribution economy by corporate activities and services activities to local communities
illion illion billion billion billion billion
illion
SK measured social value generated by the 17 SK affiliates in 2018 and 2019, and plans on continuing the practice. The methodology for measurement is continuously being improved. The number of Social enterprise social entrepreneurs investment fund fostered by SK created in 2019
105 36.9million as of 2020 (in USD)
The rate of starting a business upon graduation
95% as of 2020
Nurture social entrepreneurs Create social enterprise investment funds SK has introduced a two-year ‘Social Entrepreneurship MBA’ Program in SK launched the first social enterprise private equity investment trust fund 2013 in collaboration with KAIST to nurture ‘model entrepreneur’ talent with USD 9.4 million capital in collaboration with IBK Securities pursuant to required by today’s society. Every year, 20 potential social entrepreneurs the Financial Investment Services and Capital Markets Act in 2017. Private are selected to develop their social problem-solving abilities and companies, commercial banks, and policy financial institutions all came entrepreneurial skills as well as to promote a sense of social calling. together to invest in companies that participated in the SPC (Social Progress Credit) and companies whose social value and economic value have been validated for high growth potential. In 2018, SK launched a USD 17.2 million second fund of such kind with Shinhan Financial Group and in 2019, the third and largest USD 36.9 million social enterprise investment fund with KDB (Korea Development Bank). Incentives Amount returned paid to society by Happynarae 29.1million 40.3 million (in USD) (in USD)
SPC participation
Accumulated 222companies social as of the end of performance May 2020 144.3million (in USD)
Happynarae SPC (Social Progress Credit) Happynarae, founded by SK, is a ‘social enterprise for social enterprises.’ Spurring the development of the social enterprise ecosystem requires A diverse array of programs have been developed to enhance the creating a virtuous cycle of recognizing the social value generated by social competitiveness of social enterprises such as increasing product enterprises and ensuring that it leads to confidence, compensation, and competitiveness and providing distribution channels. All of the profits are investment from mainstream capital markets. The SPC project measures returned to society to stimulate the social enterprise ecosystem. the value created by social enterprises in monetary terms and provides cash ‘incentives’ in proportion to the value. Over the last five years, 222 participating social enterprises have generated accumulated social performance of USD 144.3 million. When translated into economic value, a total of USD 29.1 million has been paid out as incentives. The essence of ‘SK Globalization’ is ‘Global Partnering.’ Approx. USD ‘Localization’ is intended for SK and local communities to grow together for the long run. ‘Independent Yet United’ encourages cooperation among affiliates to venture together 37 billion into areas that can increase synergy. ‘Social value’ promotes the growth of both SK global assets corporations and society. Approx. USD
61 billion SK global revenue
EUROPE NORTH 287networks AMERICA CHINA SK global subsidiaries Assets and branches 2.6 SOUTHEAST Assets 5.4 ASIA 6.9 Revenue Assets 18.4 9.7 Assets Revenue 1.0 Assets 20.6 Revenue 2.1 6.1 Revenue 16.9 Revenue
Assets MIDDLE EAST /
0.09 NORTH AFRICA Assets 0.5 2.2 Revenue 5.5 Revenue
SOUTH AMERICA OCEANIA / REST OF ASIA
(unit : USD billion) NORTHEAST ASIA BEIJING SK innovation EV Batteries Business SK lubricants Base Oil, Finished Lubricants Businesses SK E&S LNG Business MCNS Polyurethane Raw Materials Plant (System House) SK E&C MOU with China State Construction Engineering Corporation (CSCEC) TIANJIN CHANGZHOU SK lubricants Finished Lubricant QINGDAO SK chemicals Prepreg Production Plant SK ie technology Battery Separator Business Production Plant JIANGSU WUXI XIAN SKC PET Film Production Plant SK telecom ICT Convergent Healthcare Business SK telecom Molecular Diagnosis Business SK materials NF Production Subsidiary SK hynix Production of Semiconductors SK materials Sales Subsidiary 3 JAPAN SUZHOU SK chemicals Marketing of Copolyester SK chemicals Production of Polyester Resin SK materials Sales Subsidiary for Coating · Adhesives SK networks Market Trend & Intelligence Research SK magic Beauty · Health Home Appliances Business WUHAN (Established Beauty & Health Home Appliances JV) SK global chemical Sinopec-SK (Wuhan) Petrochemical SK lubricants Base Oil Business SK siltron Semiconductor Silicon Wafer Business CHONGQING SK hynix Memory Semiconductor Backend Process Production Site SHANGHAI SK holdings Logistics Infrastructure Business (ESR), XIAMEN Biotech Company (Harbour BioMed) SK networks Processing/Sale of Cold Rolled Steel SK energy Research and Marketing of Asphalt Products in Fujian Region SK chemicals Marketing of Copolyester SK biopharmaceuticals (SK Bio-pharm Tech Co., Ltd) SHENZHEN Exploration of New Business Opportunities and Chinese Approvals SK holdings Battery Materials Company (Wason) SK networks Market Trend & Intelligence Research, Trading of SK telecom ICT Convergent Healthcare Business Chemical Materials · Steel Products SK siltron Semiconductor Silicon Wafer Business GUANGZHOU SK innovation Oil Development PINGHU SK networks Processing/Sales of Cold Rolled Steel Products SK chemicals Marketing of Copolyester SK networks Processing/Sale of Cold Rolled Steel in Huanan Region In Huadong Region NINGBO HONG KONG SK global chemical EPDM Production Plant SK networks Trading · Financial Intermediary SK E&C Construction of Yau Ma Tai Road in Hong Kong TAIWAN SK materials Sales Subsidiary SK networks Market Trend & Intelligence Research, Trading of Chemical Materials · Steel Products SK siltron Semiconductor Silicon Wafer Business SOUTHEAST ASIA & OCEANIA
INDIA MCNS Polyurethane Raw Materials Production Plant (System House) SK lubricants Finished Lubricant Business
MYANMAR VIETNAM SK energy Global Expansion Through Local Partnerships SK innovation Oil Development SK networks Market Trend & Intelligence Research, Trading of Chemical Materials · Steel Products SK magic Home Appliance Business SK E&C Ethylene Plant in Long Son Petrochemical Complex SK energy Global Expansion Through Local Partnerships
MALAYSIA SK holdings Mobility Business (SOCAR) SK networks Market Trend & Intelligence Research, Trading of Chemical Materials · Steel Products SK magic Home Appliances Business
SINGAPORE SK holdings Mobility Business (Grab), Biotech Company (Hummingbird Bioscience) SK global chemical Trading of Chemical Products SK trading international Trading of Crude Oil and Petroleum Products SK GAS LPG Business SK E&S LNG Trading
INDONESIA SK lubricants Lubricant Base Oil Plant SK E&S LNG Infrastructure Business SK networks Market Trend & Intelligence Research, Trading of Chemical Materials · Steel Products AUSTRALIA SK E&C Modernization of Balikpapan Refinery SK E&S Gas Field Development NORTH & SOUTH AMERICA
MICHIGAN SK global chemical High Value-added Packaging Materials Business-PVDC SK siltron Semiconductor SiC Wafers Production Plant ALBERTA SK E&C Fort Hills Oil Sand Plant Construction QUEBEC SK holdings Fashion Business (Mackage) OKLAHOMA SK chemicals Life Science Business OHIO SK E&S Participation in North American Shale Gas Development SK holdings Energy G&P Business (Eureka, Blue Racer Midstream)
CALIFORNIA NEW YORK / NEW JERSEY SK holdings Mobility (TURO), Smart Glass (Kinestral) SK holdings Fashion Business (Alice+Olivia) SK pharmteco (AMPAC) Headquarters of globally integrated entity, SK biopharmaceuticals (SK life science) Global Clinical API production plant, R&D Center, Analytical laboratory service Development and Commercialization of New Drugs SK networks Market trend & intelligence research SK pharmteco (SK biotek USA) Marketing Subsidiary SK chemicals Marketing of Copolyester VIRGINIA SK siltron Sale of Semiconductor SiC wafers SK pharmteco (AMPAC) API Production Plant
TEXAS GEORGIA SK holdings Energy G&P Business (Brazos) SK innovation EV Battery Production Plant SK innovation Operation of Oil Field Production SKC PET Film Manufacturing Site SK global chemical High Value-added Packaging Materials Business-EAA MCNS Polyurethane Raw Materials Plant (System House) SK lubricants Finished Lubricants and Base Oil Businesses SK trading international Trading of Crude Oil and Petroleum Products SK gas LPG and New Power Business SK pharmteco (AMPAC) API (active pharmaceutical ingredients) Production Plant SK siltron Semiconductor Silicon Wafer Business
MEXICO MCNS Polyurethane Raw Materials Plant (System House)
PERU SK innovation Oil Development and LNG Projects
BRAZIL SK networks Market Trend & Intelligence Research, Trading of Chemical Materials · Steel Products EUROPE
POLAND MCNS Polyurethane Raw Materials Plant (System House) SK ie technology Battery Separator Business
GERMANY SK chemicals Marketing of Copolyester SKC Global Marketing Hub for Chemicals and Film Products SK networks Market Trend & Intelligence Research
NETHERLANDS SK lubricants Base Oil Production Business
IRELAND SK parmteco (SK biotek Ireland) European RUSSIA Headquarters, API Production Plant, R&D Center SK lubricants Finished Lubricants Business
UNITED KINGDOM SK trading international Trading of Crude Oil and Petroleum Products SK E&C Silvertown Tunnel Project in London
BELGIUM SK E&C Construction of PDH (Propane De Hydrogenation) HUNGARY Plant (FEED) at Antwerp Petrochemical Complex SK innovation EV Battery Business
FRANCE SK chemicals Joint Development of Next-generation Pneumococcal Conjugate Vaccines SK global chemical Operates MaH-G, EA and EVA Production Plants in France SK siltron Semiconductor Silicon Wafer Business
SPAIN SK lubricants Base Oil Production Site SK global chemical Operates EAA Production Site in Spain MIDDLE EAST & NORTH AFRICA
TURKEY SK planet Online Open Market (n11.com) SK E&C Construction and Operation of the Eurasia Submarine Tunnel and Canakkale Suspension Bridge
ISRAEL SK holdings Otonomo (a company under SK’s investment portfolio)
QATAR SK innovation LNG Project SK E&C Doha Metro, Redline Construction Project
UNITED ARAB EMIRATES SK trading international Trading of Crude Oil and Petroleum Products SK networks Market Trend & Intelligence Research, Trading of Chemical Materials · Steel Products SK E&C Al Mandous Oil Storage Terminal Project
OMAN SK innovation LNG Project
SAUDI ARABIA SK telecom Ministry of National Guard - Health Affairs Hospital Information System Project 02 PROFILE
SK HOLDINGS
ENERGYㆍCHEMICALS
ICT
SEMICONDUCTOR ㆍ MATERIALS
LOGISTICSㆍSERVICESㆍBIO SK holdings transformed into a holding company in August 2015 when SK holdings merged with SK C&C. The merger made the Company more competitive in that it improved corporate governance, enhanced shareholder value, bolstered financial soundness and increased credibility. SK holdings is continually nurturing new growth engines that will become core 2019 revenue (unit: USD) business drivers of the future, such as bio and pharmaceuticals, semiconductor and materials, logistics infrastructure, energy G&P (Gathering & Processing), ICT and mobility services and 2.8 billion digital innovation. * Consolidated basis USD 85.2 billion
SK holdings Business area SK holdings is enhancing portfolio value by developing long-term investment strategies with globally SK holdings: Holding company competitive affiliates in energy and chemicals, ICT, semiconductor and materials, logistics and services, and SK holdings C&C: Digital platform bio and pharmaceuticals. As an investment-oriented holding company, the Company is working hard to (AI, cloud, big data, block chain) maximize corporate value and lay the foundation for sustainable growth by identifying and nurturing promising IT outsourcing, application development new lines of business. www.skholdings.co.kr SK holdings C&C SK Building, 26 Jong-ro, Jongno-gu, Seoul SK holdings C&C has accumulated strong brand awareness and exceptional IT capabilities based on extensive track 02-6400-0114 record in performing IT and ITS projects in a diverse array of industries including telecommunications, finance, manufacturing and services. Since the Company declared transformation into a ‘leading company in digital transformation’ in 2016, the Company has been solidifying its position as a ‘leading company in digital innovation’ that develops new digital service markets for customers. Oil development, batteries, future energy
Mobility, semiconductor, Petroleum products eco-friendly specialty materials (oil, gas, specialty products etc.) refining and distribution
LPG marketing, global LPG trading, LPG import base Chemical materials (packaging, automotive), operation, tank terminals, gas chemicals (PDH · PP), LNG base oils (olefins, aromatics, performance chemicals) terminals, gas combined cycle power generation, fuel cell generation, energy efficiency
Green chemicals(chemicals and energy), Lubricant oil, lube base oil life science(pharmaceuticals and bio)
Chemicals, energy, pharmaceuticals, bio, Production of petroleum & new & renewable energy, real estate petrochemical products
LNG based electricity business, city gas, collective energy projects, new & renewable energy, energy Trading of crude oil solution projects and petroleum products
Production and distribution of materials for lithium ion battery separators and flexible display 2019 revenue (unit: USD) 2019 revenue (unit: USD) 2019 revenue (unit: USD)
2.6 billion 27.7 billion 8.5 billion * Consolidated basis USD 42.8 billion * Consolidated basis USD 27.8 billion * Consolidated basis USD 10.2 billion
ㆍThe Company has presence in diverse business areas ㆍThe Company supplies petroleum products to both domestic ㆍA global chemical company that supplies a wide range of including oil development, batteries and future energy. and global markets through the Ulsan Complex which can products from advanced materials for automobiles, process up to 840,000 barrels of crude oil a day. electronics and telecommunications to consumer products. ㆍIn 1984, SK innovation became the first Korean company to secure overseas oil fields with the success of ㆍMore than 50% of the petroleum products produced are ㆍThe Company is expanding into packaging and exploration of oil fields in Marib, North Yemen. exported all over the world. automotive businesses and is implementing the ‘Green Growth Strategy’ which aims to diversify the product SK energy provides differentiated customer services such As of the end of March 2020, the Company operates 13 ㆍ portfolio by expanding into eco-friendly high value-added ㆍ as the ‘Netruck,’ which offers total solutions to commercial oil fields and four LNG projects in eight countries. chemicals on top of commodity chemicals. truck drivers. In 2018, the Company became the first in the world to In 2017, SK global chemical established TS&D in ㆍ SK energy is accelerating entry into markets that show ㆍ produce mid/large size pouch type NCM811 batteries. ㆍ Shanghai and acquired EAA (Ethylene Acrylic Acid) and high demand growth for oil such as Myanmar and PVDC (Poly Vinylidene Chloride) business to increase Vietnam. The Company is pursuing global expansion ㆍAs of early 2020, the Company has secured an annual competitiveness in global markets. EV battery production capacity of approximately 20GWh through local partnerships. In 2020, the Company secured global production hubs by with production plants in Korea, China and Hungary. In 2019, the Company exported approximately one million ㆍ ㆍ acquiring functional polymer businesses, namely, MaH-G tons of asphalt to China to become the largest player in (MaH grafted polymer) and EA (Ethylene Acrylate). the imported asphalt market in terms of market share. 2019 revenue (unit: USD) 2019 revenue (unit: USD) 2019 revenue (unit: USD)
2.6 billion 5.8 billion 9.8 billion * Consolidated basis USD 2.9 billion * Consolidated basis USD 28.3 billion
ㆍGlobal no.1 manufacturer of Group III base oil. ㆍIn 2014, the Company completed upgrades of the PX ㆍSK trading international is strengthening trading (Paraxylene) production facility and is diversifying into capabilities in global markets and enhancing the value of SK lubricants is a reliable supplier of high quality ㆍ high value-added product categories. the oil business by optimizing the import and export of oil. products to more than 50 regions around the world, propelled by global distribution hubs. ㆍThe Company boasts the highest level of productivity ㆍThe Company is establishing and expanding a in Korea enabled by diversification of commodity differentiated trading platform based on partnerships SK ZIC was awarded the highest level of certification by ㆍ procurement sources, integration of refining and and the tangible and intangibles strengths of SK in oil the two most prominent quality assessment organizations; chemical processes and synergy maximization. trading hubs such as Singapore, Europe, North America the API (American Petroleum Institute) and the ILSAC and the Middle East. (International Lubricant Standardization and Approval ㆍThe Company has set ‘SHE (Safety · Health · Environment) Committee). First’ as top management priority and is pursuing zero ㆍThe Company is nurturing and attracting globally accident and practicing environment-oriented competitive professional traders based on sophisticated ㆍSK lubricants is contributing to the reduction of fossil fuel business management. risk management systems. usage and greenhouse gas emissions by increasing the sale of high quality base oil YUBASE and YUBASE Plus. ㆍThe Company is preemptively adopting new ㆍThe Company made a joint equity investment with SK technologies of the Fourth Industrial Revolution such energy in BOC, the second largest oil distributor in ㆍThe Company launched ZIC ZERO, an ultra-low viscosity as AI, big data, machine learning and drones. Myanmar and is anticipating robust growth in Southeast lubricant with enhanced fuel efficiency by applying Zero-tech. Asia. 2019 revenue (unit: USD) 2019 revenue (unit: USD) 2019 revenue (unit: USD, consolidated basis)
299 million 699 million 4.3 billion * Includes Q1 revenue before split off * Consolidated basis USD 5.6 billion
ㆍSK ie technology has grown into a global materials solution ㆍMain businesses include the development, transport, ㆍA holding company launched in 2017 when SK company propelled by technological prowess in LiBS, the and power generation of LNG gas, city gas, and new & chemicals spun off the pharmaceuticals and chemicals key ingredient of lithium ion batteries, and FCW (Flexible renewable energy and energy solution projects to business division. Cover Window), material for flexible displays. develop future energy. ㆍManages operating companies in chemicals, energy, ㆍThe first in Korea and the third in the world to independently ㆍThe first private company in Korea to have presences in all pharmaceuticals, new & renewable energy and real develop LiBS (Lithium-ion Battery Separator) production stages of the LNG value chain, from LNG development to estate. technology. transport. ㆍProvides support by changing the way of work and ㆍThe Company produces high quality battery separators ㆍIn 2006, the Company started direct import of LNG and establishing high performance organizations so that based on exceptional technological competitiveness; SK ie has secured gas fields in Indonesia, Australia and the U.S. operating companies can develop new growth technology was the first company in the world to complete Secured rights to access LNG terminal of Freeport in strategies customized to the nature of their business. the sequential stretching process and develop 5μm thin film. ㆍ the U.S., laid foundation for the import and distribution ㆍThe Company is planning to expand production lines and of North American shale gas. start commercial production in Changzhou, China, and SK E&S has the largest market share in domestic city Slaskie, Poland, to respond to demand in the largest and ㆍ gas and operates seven city gas subsidiaries in eight fastest growing global EV battery markets which are China regions nationwide. and Europe. 2019 revenue (unit: USD) 2019 revenue (unit: USD) 2019 revenue (unit: USD)
1.0 billion 3.4 billion 1.1 billion * Consolidated basis USD 1.2 billion * Consolidated basis USD 4.2 billion * Consolidated basis USD 2.2 billion
ㆍThe Company has designated eco-friendly materials and ㆍSK gas, with the largest market share in the domestic LPG ㆍConducting business in high value-added specialty healthcare as next generation growth drivers based on market, reliably supplies LPG for vehicles; residential, materials in mobility, semiconductor and eco-friendly the current green chemicals and bio (life science) commercial and industrial purposes; and petrochemicals areas. businesses, and plans to strengthen competitiveness in production. The first company in Korea to develop PET (Polyester) film. these areas. ㆍThe PDH business, which uses LPG as input to produce ㆍ propylene, has propelled the Company to become a global The first company in the world to commercialize Green Chemicals – The Company is recognized as a ㆍ ㆍ energy chemical company. The Company has established a biodegradable PLA film. leading eco-friendly materials solution provider local joint venture with a Saudi Arabian petrochemical with competitiveness in transparent and heat company to produce propylene and polypropylene. In January 2020, the Company acquired a manufacturer of resistant copolyester. ㆍcopper film, a key material for battery anodes. SK nexilis The Company is actively engaging in new businesses to evolve ㆍ was launched, equipped with the technology to Life Science – SK chemicals continuously bears fruit in into a total energy company such as the gas combined cycle ㆍ manufacture the most thin and lengthy copper film in the pharmaceuticals, vaccines and plasma as a global life power generation through Ulsan GPS and the LNG terminal world. science company that handles the entire continuum of business via the Korea Energy Terminal (KET). disease, from prevention to treatment, by concentrating ㆍEstablished the U.S subsidiary SK Gas USA Inc., ㆍEstablished an integrated production system for CMP pads, on R&D and investment. in January 2015 in the North American market. an essential material for the CMP process. The Company SK gas is invigorating the shale gas trading business and is striving to localize related technology, having been ㆍIn 2018, the Company spun off SK bioscience, a promoting new business opportunities such as new successful in securing high-end blank masks, a key company specialized in vaccines. electricity projects to strengthen the growth portfolio. material for the lithography process. Mobile Network Operator(MNO), Internet of Things (IoT) media/home, platforms
Central Monitoring Service, CCTV security, IPTV, high-speed internet, CATV (cable TV), access security, information security, home security, residential phones, corporate ICT service mid/large building integrated security, convergent security, car park management, drones, fleet management & control, retail solutions, security guard service
E-commerce Business solutions, marketing platforms, data services
MVNO, international calls, satellite communication, B2B communication service 2019 revenue (unit: USD) 2019 revenue (unit: USD) 2019 revenue (unit: USD)
9.8 billion 2.7 billion 236 million * Consolidated basis 15.2 billion * Consolidated basis USD 2.7 billion
ㆍThe Company began with first generation analogue ㆍThe first company in the world to commercialize ADSL, ㆍA leading ‘data & tech’ company that creates new mobile phone services in 1984, then became the first and the first company in Korea to provide IPTV value for businesses based on data. company in the world to commercialize second services. Offers a wide spectrum of services including generation CDMA, the first in Korea to commercialize In 2020, the Company merged with the cable operator ㆍtelecommunications, IoT, media, AI and mobility. third generation WCDMA and fourth generation LTE, and ㆍ Tbroad to secure 8.21 million paid subscribers and the first in the world to commercialize 5G MNO in 2019. Operates the largest integrated reward service 6.48 million high-speed internet subscribers, and has ㆍprogram in Korea, OK Cashbag. As the New ICT leader that drives future change, the grown in to a media platform. ㆍCompany is launching a wide range of services B tv is catering to specific customer segments such as ㆍProvides target marketing and data analytic services including 5G-based media and gaming and a 5G ㆍ through the DMP (Data Management Platform), kids, seniors and one-person households to cluster equipped with premium networks and services. which collects and manages 130 million pieces of strengthen competitiveness. data generated by SK Group. SK telecom is establishing hyper-cooperative ㆍ The Company provides services that are dedicated to relationships by partnering with Microsoft for games ㆍ The Company cemented market leadership in the and with Amazon Web Service for 5G MEC (Mobile increasing the media accessibility of vulnerable ㆍ members of society. Turkish e-commerce market by operating n11.com, Edge Computing). the largest online shopping mall in Turkey. 2019 revenue (unit: USD) 2019 revenue (unit: USD) 2019 revenue (unit: USD)
312 million 455 million 792 million
Offers a diverse array of wired and wireless ㆍVentured into the e-commerce market as a local open ㆍThe first security specialized company in Korea and ㆍtelecommunications services such as Mobile Virtual market player in February 2008. was originally established as Korea Security Network Operator (MVNO), satellite communication, Corporation. Offers personally customized search results by nation-wide number and internet calls. ㆍ leveraging independently developed AI, big data- ㆍOffers services that contribute to a safe and ㆍKorea’s representative international call brand ‘SK based commerce search technology. convenient lifestyle by bringing together cutting edge International Call 00700’ topped the three major ICT technology and security services such as CAPS The cutting edge recommendation algorithm used by customer satisfaction surveys in Korea for six ㆍ Home, T Map Parking, CAPS Smart Village, and Amazon and Netflix has been optimized for 11Street consecutive years. Cyber Guard Professional. data and users to recommend the most suitable Provides integrated security services in accordance to Leads the mobile value consumption era with ‘MVNO product that reflects the real-time shopping demand of ㆍ ㆍ(SK7mobile).’ consumers. customer needs that include central monitoring and dispatch service, CCTV security, access security, ㆍThe Company is contributing to building a healthy e- information security, mid-large building integrated commerce ecosystem by identifying promising SMEs security, and security guard service. and working with them on joint planning and sale of The Company is expanding business by incorporating products, and operating training centers that provide ㆍ free programs for sellers. New ICT technology such as AI, DT (Digital Transformation), cloud, mobility, 5G, and Quantum into physical security. DRAM, NAND Flash, Production and distribution of CIS (CMOS Image Sensor) Si and SiC wafers
Specialty gas and materials for displays and semiconductors 2019 revenue (unit: USD) 2019 revenue (unit: USD) 2019 revenue (unit: USD)
21.7 billion 1.3 billion 390 million * Consolidated basis USD 23.2 billion * Consolidated basis 1.3 billion * Consolidated basis USD 662 million
ㆍThe Company provides innovative solutions by The only Korean producer of silicon wafers, a core ㆍA global leader in materials for semiconductors and displays producing memory semiconductors such as DRAM, ㆍcomponent of semiconductors, one of the five major anchored in a diverse array of materials for semiconductors NAND Flash, and MCP (Multi Chip Package) which are wafer manufactures in the global market. such as specialty gas, industrial gas and precursors. essential to various ICT devices including mobile In 2001, the Company became the first Korean company devices, servers, and storage solutions, and system Along with its major product 300mm silicon wafer, the ㆍ ㆍ to succeed in locally producing specialty gas NF semiconductors such as CIS (CMOS Image Sensor). company supplies leading edge wafers for D1ynm 3 DRAM, ≥ 96 layer 3D NAND, ≤ 10nm Logic devices to (nitrogen trifluoride). In June 2019, the Company developed the world’s first global semiconductor companies and wafers for the ㆍ SK materials is solidifying leadership in the gas and IT 128 layer 1Tbit TLC (Triple Level Cell) 4D NAND flash. research on next generation semiconductors. ㆍ materials sector by developing and producing essential ㆍIn October 2019, the Company developed the third ㆍIn 2019, the Company generated record high revenues materials for semiconductors. The Company takes up generation 1Znm 16Gb (Gigabits) DDR4 (Double Data with exports taking up 50% of revenue. more than 40% of the global market share of NF3, is the Rate 4) DRAM and is addressing market demand with a largest global producer of WF6 (tungsten hexafluoride), In 2020, the Company plans to make inroads into product lineup that includes high capacity, high ㆍ and the second largest producer of SiH4 (monosilane). performance, high value-added products such as HBM power semiconductor wafers (SiC Wafer,) and expand (High Bandwidth Memory) and GDDR6. its business into next generation areas to ㆍThe Company is creating synergies with SK Group by accommodate the proliferation of EV and 5G. expanding into various semiconductor materials such as ㆍSK hynix plans to construct M16, a new semiconductor PR (photoresist,) etching gas, and carbon dioxide for production plant in Icheon, Gyeonggi province in 2020. semiconductors. ICT marketing, global trading, automotive aftermarket service, automobile and environmental home appliance, rental, hotel & resorts, lifestyle business
API production Manufacture and rental of kitchen and home appliances
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Global innovative new drug development Car rental
Infrastructure, architecture and housing, plants (oil and gas, energy technology, high tech) 2019 revenue (unit: USD) 2019 revenue (unit: USD) 2019 revenue (unit: USD)
9.1 billion 732 million 550 million * Consolidated basis USD 11.2 billion * Consolidated basis USD 750 million
In 1953, the Company was founded as Sunkyong Holds the largest market share in major products ㆍThe Company was founded in 1988 and has recorded ㆍTextiles, the precursor of SK Group. ㆍincluding gas ranges, electrical ranges, microwaves, annual average growth of 23% by launching dishwashers, and electric ovens. differentiated ‘total car life service’ and ‘digital ㆍICT marketing, ICT products, used phone recycling technology combined business models.’ business, global trading, automotive aftermarket service. ㆍLeads the market with innovative products such as the Also operates in diverse areas including automobiles smart gas range ‘Super Cook,’ and hybrid electric ㆍNationwide sales network of 180 branches, approved and environmental home appliance rental service, and ranges. fleet of 201k units. hotel & resorts lifestyle business. ㆍThe first in Korea to introduce the tank-less water ㆍThe Company has been heading the market by ㆍSK networks seeks to fulfill the mission of the Company purifier JIKSOO water purifier, 6 layer sterile bidets, and launching various services that elevate customer name ‘networks’ by connecting the values of AI air purifiers and has won multiple awards including value. The Company was the first in Korea to release stakeholders and customers to create greater happiness Inno Star, the Green Star, and the CES Innovation ‘long-term rent-a-car without deposit,’ and the first in for society. Award. Korea to commercialize EV rentals. In addition, IoT- based ‘Smart Link’ helps corporates efficiently Delivers the best service via ‘Safe Care Service’ which manage their fleet. ㆍprovides clean water and clean air. ㆍ‘SK long-term rental car direct’ service, which utilizes AI and VR technologies, is receiving heightened attention amid the recent zero contact trend. 2019 revenue (unit: USD) 2019 revenue (unit: USD) 2019 revenue (unit: USD)
* Combined non-consolidated revenue 6.7 billion 106 million 476 million of three subsidiaries, may differ from. * Consolidated basis USD 7.8 billion disclosed information
ㆍCurrently is undertaking 50 projects in 25 countries, operates A global pharmaceutical company specialized in In an effort to create Group synergy and integrate the 15 overseas subsidiaries and 24 overseas branches. ㆍdeveloping central nervous system disorder and cancer ㆍCMO business capabilities, the integrated CMO entity treatments. SK pharmteco was launched with SK biotek and SK Pursues business model innovation including fuels cells, ㆍ biotek Ireland as subsidiaries in 2019. eco-friendly plants and high value-added industrial plants. ㆍIn 2019, the Company became the first company in Korea to win U.S FDA approval for an independently SK pharmteco is active in providing CMO services to The Company is expanding its value chain from project ㆍ developed new anti-epileptic drug (partial seizure). global pharmaceutical companies via subsidiaries in ㆍplanning and design to construction and operation based on The product was released in the U.S in 2020, and the Korea, Ireland and the U.S. many years of accumulated project experience and expertise. Company inked a USD 500 million license agreement The six production sites in Europe, North America and The Company is increasing contribution of eco-friendly and for commercial launch in Europe. ㆍ Korea boast multiple successful regulatory inspections ㆍurbanization businesses, innovating business models, and In 2019 SK’s biopharmaceuticals’ novel sleep disorder of developed countries and are equipped with the proactively adopting smart construction to boost productivity. ㆍ treatment Solriamfetol, which had been licensed out after capacity to flexibly adjust production to meet the ㆍThe Company is leveraging key technological strengths the phase 1 clinical trial, won approval from both the U.S. demands of global pharmaceutical companies. in tunnels and underground development to undertake FDA and the European EMA. The Company possesses many advanced many PPP infrastructure development projects in the ㆍtechnologies such as continuous processing, energy global market including the ‘Eurasian Submarine Tunnel’ chemistries treatment and controlled substances in Turkey and the ‘Silvertown tunnel’ in the U.K. treatment that enable the Company to produce sophisticated products and build strong trust with customers.