SK Group

SK Group (Korean: SK그룹; 에스케이그룹) is a South Korean multinational manufacturing and services conglomerate headquartered in Seoul. A chaebol (Korean family-owned conglomerate), SK Group is the second largest such conglomerate by revenue in South Korea, after Samsung Group. Through a number of subsidiaries, it is engaged in various businesses, including manufacture of AI semiconductors, flash memory, deep tech investment and miscellaneous information technology, chemicals and petrochemicals, as well as providing telecommunications services worldwide among its other less notable ventures. The conglomerate is composed of 186 subsidiaries and affiliates that share the SK brand name and the group's management culture, named SKMS (SK Management System). It changed its name from Sunkyong Group (선경그룹; 鮮京그룹) to SK Group in 1998. The group is controlled by the estate of Chey Tae-won through a holding company, SK Inc. The cornerstone of SK Group is its energy and chemicals division.