Hyundai Motor Group says it will establish two special purpose companies (SPCs) next month to develop and operate an AI data center in Saemangeum, a reclaimed coastal area in southwest Korea. The plan is part of the group’s broader investment push to expand into AI infrastructure, with the data center aimed at large-scale operations.
Across the coverage, outlets describe the same core structure and timeline: one SPC is set to oversee construction and supporting infrastructure, while the other is tasked with handling GPU services. Yonhap and the Korea Times also link the project to Hyundai’s affiliates, including Hyundai Motor, Kia, Hyundai Mobis, Hyundai Engineering & Construction and Hyundai AutoEver, and to the group’s stated 9 trillion won investment in Saemangeum.
The Korea Times adds additional context about Saemangeum’s government-backed development history and its intended role as an advanced tech hub. It also reports a recent group executive visit to the area, while Yonhap’s framing focuses more directly on the SPC decision and project outline.
