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VALUE GROWTH English SK continues to create greater values for all its stakeholders with “One Mind and One Spirit.” We carry on our transparent practice and efficient management so that we can provide our customers with ongoing satisfaction and trust, help our employees raise their self-esteem and capabilities, and create shareholder value. In addition, we will continue with our value-oriented stability and growth so that we can contribute to the development of our society. Section 1. VALUE GROWTH 2 GREETINGS 4 INDEPENDENT YET UNITED 3.0 5 SUPEX COUNCIL CORE ASSETS 8 SKMS 10 PEOPLE 12 BRAND CHALLENGE 16 GLOBALIZATION 20 NEW GROWTH ENGINES SHARED GROWTH 26 SOCIAL CONTRIBUTION PHILOSOPHY 28 CORPORATE PARTNERSHIP 30 SOCIAL Enterprises 32 SOCIAL CONTRIBUTIONS 34 SK FOUNDATIONS Section 2. SK Profile 36 FINANCIAL HIGHLIGHTS 37 AFFILIATES 38 SK HOLDINGS 39 ENERGY & CHEMICALS 45 INFORMATION, TELECOMMUNICATION & SEMICONDUCTOR 50 MARKETING & SERVICE 54 GLOBAL NETWORK 62 MILESTONES GREETINGS SK - VALUE GROWTH GREETINGS SK aims to achieve KRW 300 trillion in enterprise value by strengthening the autonomous responsible management of each affiliate and collective intelligence that centers on our committees. Equally, we will focus on spreading our happy management policy for all of our stakeholders. We will try to harmonize our Independent Yet United 3.0 System, which will lead the stable growth of the SK Group. SK will continue to cultivate its enterprise value by strengthening the autonomous responsible management of its affiliates. We establish our portfolios by identifying the optimal methods that are suitable for their individual characteristics and environments, and pursue value growth by managing our goals and performances. Our seven committees of the SUPEX Council are instrumental in sustaining the Group’s stability and growth. We will invigorate their collective intelligence even more, and will continue to find growth opportunities to cope with risks and generate synergy effectively. SK members also strive to rearm themselves with the SUPEX Spirit, which is basis of the SK Management System (SKMS). The SUPEX Spirit has demonstrated its strength as SK’s foundation. It has led the growth and development of the Group for sixty-one years. SK will continue to secure global competitiveness and increase its capabilities for the sake of its shareholders. We will also work to spread our happy management policy with society. The happiness of our stakeholders is the value that we pursue and is necessary for us to achieve in order to continue to grow. We have contributed to the national economic development under the motto of “creating wealth for the nation and society through the use of creative corporate management and technology,” and we will contribute to sustainable corporate growth with society by promoting corporate partnerships and social enterprises, and will steadily carry out a broad range of social contribution activities. We will create greater values by continuously implementing our Independent Yet United 3.0 System. In 2013, SK launched its innovative “Independent Yet United 3.0” management system. Since then, we have done the best to strengthen our affiliates’ autonomous management, collective intelligence that centers on each committee, and “One Mind and One Spirit” from the Group level. As a result, we have been able to put the system in place, and take one step closer toward our new dream and vision to achieve KRW 300 trillion in enterprise value. Increasing uncertainties and slowing growth continue in the global economy and calls are increasingly growing for the transparency of corporate management and corporate social responsibilities, leading stakeholders’ rising expectations of large domestic companies. SK set its 2014 management policy to be “Value creation through the Independent Yet United 3.0 System,” and intends to continue to find ways to create stability and growth with stronger-than-ever executive abilities. 2 SK will remain focused on continuously creating values and solidifying foundations to achieve an enterprise value of KRW 300 trillion through using the practice of the Independent Yet United 3.0 System. I look forward to your interest and support as we keep moving forward to become a greater and happier SK. Sincerely, Chang Geun Kim Chairman of the SUPEX Council 3 MANAGEMENT SYSTEM SK - VALUE GROWTH INDEPENDENT YET UNITED 3.0 SUPEX COUNCIL SK remains dedicated to maintaining stakeholder satisfaction based on the “Independent Yet United” management system. The SUPEX Council is leading the “Independent Yet United” management system as the SK Group’s supreme consultation body. Through Independent Yet United SK is achieving its sustainable growth and development through autonomy and collaboration. Each affiliate is reinforcing its business competitiveness and maximizing enterprise value through autonomous management. At the same time, each affiliate is creating a synergistic effect through encouraging voluntary cooperation between affiliates. The SUPEX Council, which is the supreme deliberative body between each affiliate, is located in the center of SK’s group management system of “Independent Yet United.” Under the SUPEX Council, specialized committees are being operated such as the Strategy Committee, Global Growth Committee, Communication Committee, Corporate Ethics Committee, Talent Development Committee, Corporate Partnership Committee, and ICT Technical Growth Special Committee. Non-stop Innovation and Challenges Through comprehensive understanding of the future and leading-edge technology, SK is playing the leading role in national development with the continuous innovation of technology and management. Ranging from energy, chemicals, and IT, which are the basis of the national economy, to the semiconductor industry, SK will achieve bigger success in the world, based on its passion and capability that have successfully actualized South Korea as an energy exporting country and global IT powerhouse. Our affiliates participate in the SUPEX Council with the respective committees to discuss ways to ensure our lasting stability and growth through autonomous management. SUPEX Council We Will Create Happiness for Stakeholders The ultimate value that SK is pursuing is the happiness of stakeholders. SK is making an effort to achieve a happier future for all of us. Beyond short-term profit creation, SK will fulfill its social responsibility and role as an exemplary corporate citizen. SK will continue to create a future where greater happiness is achieved for all of our stakeholders. ICT Technical Growth Special Committee Strategy Committee 4 Global Growth Committee Communication Committee Corporate Ethics Committee Talent Development Committee Corporate Partnership Committee 5 SK - VALUE GROWTH Strategy Committee The Strategy Committee discusses SK’s growth objective and strategies to achieve this. It also makes an effort to create a synergistic effect between the affiliates. Global Growth Committee The Global Growth Committee seeks for growth opportunities through SK’s global businesses and builds amicable relationships with global business partners. SK will go its way. With “One Mind and One Spirit,” we concentrate our efforts on thinking about the best direction to follow moving forward. Based on our history and culture of sixty-one years, we will focus on enhancing our value even more by developing greater growth opportunities. Communication Committee The Communication Committee executes smooth communication activities with SK’s stakeholders at home and abroad, and is doing its best to reinforce the SK Brand. Corporate Ethics Committee The Corporate Ethics Committee leads SK’s ethical management and transparent management, and makes an effort to prevent risks in advance. Talent Development Committee The Talent Development Committee maintains and develops the SK Management System (SKMS), which is the basis for SK’s corporate culture. It also fosters the talent of SK’s exceptional members. Corporate Partnership Committee In order to pursue happiness for both SK and society, the Corporate Partnership Committee devotes itself to mutual growth with partners and to the activation of social contributions and social enterprises. ICT Technical Growth Special Committee The ICT Technical Growth Special Committee is promoting collaborations between affiliates in order to achieve the growth and development of ICT business. CORE ASSETS. SKMS - People - Brand 6 SK - VALUE GROWTH SKMS The SK Management System, or SKMS, was established in 1979 as a business management system that all SK members agreed upon and share. It consists of SK’s management philosophy and methodologies that are embodied in our actual management. Based on the SKMS, all SK members have a proper understanding of the nature of management and utilize it as the basis for decision making to enhance their business management levels. Maximizing the happiness of SK stakeholders SK believes that its mission is to create greater happiness for its numerous stakeholders. The ultimate value that we pursue is being happy in order to make those around us happy. Pursuing SUPEX to create greater happiness In order to be a happier company, SK is pursuing SUPEX, or super excellent levels. We believe that this is the highest goal that any person can strive to achieve. Emphasizing people-oriented management SK puts people first, as they are the focus of our corporate management. We are also fully aware that our pursuit of SUPEX can only be realized when our members exert their best skills. We believe that this will be attained through our members engaging in Voluntarily, Willingly, Brain Engagement (VWBE) strategy. Practicing SKMS-based system management SK strives to practice SKMS by applying its philosophy and methodologies in its pursuit of SUPEX and people-oriented management. Each affiliate practices the appropriate form of autonomous responsible management, based on SKMS. 8 people People SK has the talent philosophy of, “People are the company.” By sharing the value of, “A country where people are the resources and SK is where these people are fostered,” we secure talented individuals from around the world, and nurture them into becoming managers and professionals with the highest-level of competitiveness. SK defines the qualifications that all its members must have as “SK-Manship,” and they strive to practice its four elements, which are listed below: SK Values which refers to having an attitude of pursuing SUPEX voluntarily and willingly, based on having confidence and enthusiasm about SK’s management philosophy. “Paegi” which refers to having a disposition of working on tasks and striving to be successful. To do so, members think actively, act progressively, and decisively handle their tasks. Capabilities to practice SKMS This means that members constantly try to develop themselves, and be equipped with management-related knowledge, globality, and the proper business etiquette. Self-Leadership This means that members manage themselves, and also are willing to pursue happiness by growing and sharing it. 11 SK - VALUE GROWTH Brand SK Brand signifies SK’s strong will and pledge to create customer happiness. SK has always improved itself to give greater happiness to all of its customers, and the company is also growing and developing through this. In addition, we continue to enhance our brand value even more by operating a strategic brand management system that befits our status as a global company. SK provides the world’s top products and services, based on its corporate culture of “customer-oriented professionalism.” We provide pride to customers who purchase and use our products and services, and through this, we continue to bring about customer happiness. We consistently convey the values that the Group pursues and the message of its target images through the SK Brand. We communicate with our stakeholders through “Wings of Happiness” in our CI, which represents SK. Wings of Happiness These wings have given shape to how SK’s growth points of the Energy/ Chemicals and IT/Semiconductors businesses are soaring “Independent Yet United.” This reflects SK’s progressive attitude toward globalization, and its resolve to pursue and contribute to the happiness of others. 12 SK strives to achieve the best performances in various areas. Going forward, we will become a recognized global player in the world market, by continuously growing, developing, and creating collaborations through encouraging autonomy and cooperation with our affiliates. CHALLENGE. Globalization - NEW GROWTH ENGINES Globalization SK - VALUE GROWTH Globalization SK China in Beijing CHINA Beijing TIANJIN Japan Chongqing Jiangsu Wuxi Wuhan Shanghai NORTHEAST ASIA SOUTHEAST ASIA & OCEANIA Consolidating the foundation for globalization through localization Since advancing into China in 1991, SK Group has been promoting globalization through the localization of SK China, which it launched in 2010 through SK’s “China Insider” strategy. SK innovation is engaged in the electric vehicle (EV) battery business through a joint venture with Beijing Automotive Industries Holding and Beijing Electronics Holding. SK telecom is promoting solution sales for the construction of smart classes in the Chinese public education market by adding ICT and LTE services, while pursuing the business of health examination in connection with molecular diagnostics and hospital businesses. SK networks has actively expanded overseas, focusing on China with its O’2nd fashion brand. It is currently producing results in 18 countries around the world. SKC secured a global production base in China, in addition to South Korea and the USA, by completing SKC Jiangsu Hightech Plastics (a PET film factory) and SKC Beijing Polyurethane (a polyurethane system house). SK C&C installed a mobile wallet service for China Unicom. SK lubricants is accelerating its market expansion in China by localizing the production and sales of lubricant products through its subsidiary in Beijing and its factory in Tianjin. A factory of SK hynix in Wuxi is becoming an important driving force for ensuring the company’s dominance in the global DRAM market, based on its cost and production competitiveness. Its memory semiconductor backend assembly factory in Chongqing is primed to begin full-fledged operations in the second half of 2014. SK E&S is promoting partnerships in the areas of city gas, LPG, and LNG, as the third largest shareholder of China Gas Holdings. It is also engaged in the city gas supply and charging station businesses through its joint venture in Wuhan. The Wuhan Naphtha Cracking Center (NCC) factory, which SK global chemical built in China with Sinopec, has begun its full-scale commercial operations. In Japan, SK chemicals established INITZ to specialize in PPS, with Teijin, a Japanese chemical and pharmaceutical company. Producing solid results that exceed growth potential In Southeast Asia, we carry out our businesses in diverse areas including information and telecommunication, construction, energy, and trading. SK innovation is engaged in oil exploration projects in Vietnam and Indonesia. SK telecom is offering wireless high-speed Internet service in Malaysia, while promoting an ICT technologybased smart class project by developing smart classes in Indonesia. SK E&C plans to pursue city gas and power generation projects by establishing a local subsidiary in Indonesia. SK lubricants built a base oil plant in Dumai, Indonesia, with Pertamina, which is the country’s state-run petrochemical company. Doing so allowed the company to strengthen its dominance: in the world’s premium base oil marketplace. SK planet launched the Elevenia online open market in Indonesia with the nation’s second top mobile carrier XL Axiata. It also offered the Near Field Communication (NFC) service while launching the NFC Alliance. This is a joint venture with mobile network operators in Taiwan, Japan, and Hong Kong. We have been also active in Singapore. The Jurong Aromatics Complex (JAC), a huge project with investments totaling USD 2,440 million, is scheduled for full-fledged commercial production soon. SK E&C carried out its construction, and a number of SK affiliates, including SK global chemical and SK gas, have participated in the project as large shareholders. In addition to successfully completing the JAC, a Total Solution Provider (TSP) project, SK E&C has produced significant results in civil works projects, including subway construction, in Singapore. SK innovation also engages in trading, and SK gas advanced into the LPG import terminal business with Vopak, which is the world’s largest independent tank storage provider. It also secured the rights to use the terminal. In Australia, SK networks is continuously expanding its resource development business with a focus on coal, by acquiring an almost 25% stake in Cockatoo, a coal company. SK E&S is also participating in the development of a gas field there. 16 Vietnam PHILIPPINES NORTHEAST ASIA C hina _ Taiwan Jurong Aromatics Complex (JAC), Singapore ·B EIJING EV battery business I SK innovation, Fashion business I SK networks, Polyurethane core raw material production system house I SKC, Mobile Wallet service I SK C&C, City gas business I SK E&S, Lubricant products business I SK lubricants ·SHANGHAI Development of smart classes I SK telecom, LPG business I SK gas ·JIANGSU PET film factory I SKC ·WUXI Semiconductor manufacturing I SK hynix ·CHONGQING Memory semiconductor backend process factory I SK hynix ·WUHAN City gas business I SK E&S, NCC factory I SK global chemical ·TIANJIN Lubricant products factory I SK lubricants TAIWAN _ Fashion business I SK networks, Petrochemical products trading and securing fixation market I SK energy JAPAN _ PPS producing company I SK chemicals SOUTHEAST ASIA & OCEANIA VIETNAM _ Oil exploration I SK innovation INDONESIA _ Oil exploration I SK innovation, Development of smart classes I SK telecom, Various R&M businesses through alliances I SK energy, City gas and power generation business I SK E&S, Lubricant factory I SK lubricants, Online open market I SK planet MALAYSIA _ Wireless high-speed Internet service I SK telecom SINGAPORE _ Trading business, Jurong Aromatics Complex (JAC) joint venture I SK innovation, JAC I SK E&C, LPG trading & LPG import terminal business I SK gas PHILIPPINES _ Petrochemical products trading and market securing I SK energy AUSTRALIA _ Oil exploration and resources development I SK innovation, Resources development I SK networks, Gas field development I SK E&S Malaysia Singapore Indonesia Australia 17 Globalization SK - VALUE GROWTH Oil producing field, USA NORTH & SOUTH AMERICA EUROPE Creating new opportunities by diversifying SK’s businesses In North and Latin America, we are focused on energy and other resources development and trading, while diversifying our businesses, including information and communication, chemicals, and construction. SK innovation secured rights to operate an oil producing field in the USA while engaging in oil exploration and operating an LNG plant in Peru. SKC established SKC Inc. in Georgia with an aim to enter the US PET film market. In addition to PET films, it is also producing EVA sheets for solar cells, while advancing into the polyurethane market through its system house. SK E&C signed an MOU for the construction of an LNG plant in the USA and won an order for a refinery plant in Ecuador. SK E&S plans to import 2.2 million tons of liquefied shale gas annually by completing an agreement to use Freeport LNG’s (based in the USA) natural gas liquefaction service. SK lubricants has been supplying automatic transmission oil to the GM Group, followed by engine oil, strengthening its position as a global company that specializes in lubricants. SK C&C is actively carrying out its mobile commerce business in North America, while SK telecom signed a Smart Beam purchase agreement with Brazil’s largest mobile device retail company. Developing new growth engines by building a strong network with local companies We are expanding our businesses by cooperating with many countries in Europe in different areas, such as energy/chemicals and IT. SK chemicals signed an agreement for the joint development and sales of next-generation pneumococcal vaccines with the global vaccine company, Sanofi Pasteur. SKC completed a polyurethane system house in the Dzierzoniow subzone of the Walbrzych Special Economic Zone Invest Park in the southwest of Poland. This has allowed SKC company to lay the framework for growing into a global precision chemical company. SK telecom is tapping into the European market with smartphone accessories, such as the “Atti” smart robot and the Smart Beam micro projector. In Spain, SK lubricants is building a lubricant base oil plant with the Spanish energy company, Repsol. It will begin commercial operations in the second half of 2014, which will enhance the company’s competitiveness in the European market even more. SK lubricants also established a subsidiary in Russia. It has expanded the influence of its ZIC lubricant brand both in Russia and the CIS market. NORTH & SOUTH AMERICA MIDDLE EAST & AFRICA USA & CANADA _ Secured rights to operate an oil-producing field I SK innovation, PET films, EVA sheets for solar cells, system house I SKC, Mobile commerce business I SK C&C, Automobile transmission fluid and engine oil supply I SK lubricants, LNG service I SK E&S, LNG plant construction I SK E&C, LPG business I SK gas, Pacific Rim optimization through the import of oil from North America and forming an alliance with Tesoro I SK energy PERU _ Oil exploration and LNG project I SK innovation BRAZIL _ Smart Beam purchase agreement I SK telecom ECUADOR _ Refinery plant construction I SK E&C CANADA CALGARY USA Oklahoma COVINGTON Houston EUROPE FRANCE _ Joint development of next-generation pneumococcal vaccines I SK chemicals POLAND _ System house I SKC NETHERLANDS _ Crude and petroleum products terminal I SK energy, Lubricant base oil business I SK lubricants SPAIN _ Construction of lubricant base oil plant I SK lubricants RUSSIA _ Lubricant base oil business I SK lubricants Ecuador MIDDLE EAST & AFRICA PERU Brazil Promoting businesses by developing and strengthening various partnerships We are seeking out and developing businesses that meet local needs in emerging markets, from among which we are currently focusing on the Middle East and Africa as our strategic global market regions. In addition, we are carrying on our energy, trading, and construction projects by finding new partners and strengthening our existing partnerships. SK innovation is focused on oil and gas exploration projects in Yemen and in other regions. SK E&C is carrying out the construction of the third grand bridge over the Bosphorus Strait and the Turkey-Eurasia undersea tunnel in Turkey. The company is also continuously carrying out plant projects in Kuwait and Saudi Arabia. SK planet launched the online open market, “n11.com,” in Turkey through its joint venture, Doğuş Planet, with the Doğuş Group. SK shipping provides resources for transport services including oil and petroleum products. Shipping services in the Middle East RUSSIA NETHERLANDS France POLAND Spain Turkey Kuwait Saudi Arabia YEMEN GABON YEMEN _ Oil exploration and LNG project I SK innovation TURKEY _ Construction of third grand bridge over the Bosphorus Strait and Turkey-Eurasia undersea tunnel I SK E&C, Online open market I SK planet KUWAIT _ Plant construction I SK E&C SAUDI ARABIA _ Plant construction I SK E&C GABON _ Grassroots refinery project I SK energy 18 19 NEW GROWTH ENGINES SK - VALUE GROWTH NEW GROWTH ENGINES Electric Vehicle Batteries GreenPol ECOZEN 20 Lithium-ion Battery Separators Nexlene Film for Photovoltaic Cells ENERGY & CHEMICALS Electric Vehicle Batteries Lithium-ion Battery Separators GreenPol Our EV batteries have the best performance in the world, in terms of energy and power density. In 2012, we completed the construction of our Seosan factory, which is capable of producing batteries for 10,000 automobiles annually. We are also actively expanding our battery business by establishing joint ventures with the Continental Automotive Group, Beijing Automotive Industries Holding, and Beijing Electronics Holding. · SK innovation In 2004, SK innovation was the third in the world to succeed in developing LiBS with its own technology. Since then, we have steadily expanded our market to rank as the second high-quality LiBS provider in the world. Our LiBS product is internationally recognized for its quality. It has low contractibility and electronic resistance, and high heat resistance, transparency, uniformity, and safety. · SK innovation GreenPol is an eco-friendly new polymer material made from carbon dioxide. SK innovation completed the carbon dioxide plastic commercialization technology based on its catalyst and process technologies. GreenPol will be employed as a useful material in our lives, based on its excellent performances. We are now aiming to commercially produce it in 2016. · SK innovation Nexlene ECOZEN Premium Vaccines SK global chemical developed Nexlene, a high-performance polyethylene, with its own technology. This premium product provides stronger resistance against shocks than existing general-purpose polyethylene, plus enhanced transparency, sanitation, and workability. In 2014, the company plans to operate a commercialization factory in Ulsan with SABIC, which is one of the world’s major petrochemical companies, while also pursuing global expansion. · SK global chemical ECOZEN is the first bio-copolyester in the world which uses biomasses that have been extracted from plants as a raw material. As a product that rectified the shortcomings of existing petroleum plastics, such as PC and acryl, and maximized their strong points, it is utilized as a material for various products including electronics and food containers, due to its excellent transparency and resistance against heat and chemicals. Its range of usage is expanding all the more to include luxury cosmetics and car interior materials. · SK chemicals SK chemicals is developing nine premium vaccines, including vaccines for pneumonia, cervical cancer, and shingles, for which phase three clinical trials are underway. South Korea has relied on imports for the majority of premium vaccines, and we will contribute to the protection of its vaccine sovereignty by raising its self-sufficiency for vaccines. We are also preparing to fight against pandemic diseases by establishing our cell culture-based flu vaccine technology that will enable us to cope with crisis situations quickly. · SK chemicals ECOTRAN Film for Photovoltaic Cells LPG, reborn as propylene PPS (Poly Phenylene Sulfide) is a super engineering plastic, which is rapidly emerging as a material to replace metals. SK chemicals succeeded in developing PPS ECOTRAN, which does not contain chlorine, with its own technology, and is building a large-scale facility in Ulsan with an annual production capacity of 12,000 tons, after establishing INITZ, which is a joint venture that the company is pursuing with Teijin of Japan. · SK chemicals SKC is the only company in the world that is producing all types of films, including fluoride films, back sheets, polyethylene terephthalate (PET) films for polyvinyl (PV), and Ethylene Vinyl Acetate (EVA) sheets. We also rank first in the world in the area of high value-added films for special packaging, optics, and solar cells. · SKC SK gas signed an agreement for the propane dehydrogenation (PDH) process technology with Lummus Technology, expediting its gas chemical business through a PDH plant that produces propylene with LPG as a raw material. The PDH plant will be completed at the end of 2015, and will begin operations in early 2016. SK gas already has the world’s largest LPG storage facility in Ulsan. It expects to achieve an optimal investment in and operation of the PDH business by generating collaborations among SK companies through the utilization of their resources. · SK gas Heat Shrink PET Film SKC was the nation’s first and the world’s second to develop the heat shrink PET film, an eco-friendly material that replaces the harmful PVC. It can be recycled and it does not emit endocrine disruptors when burnt. · SKC 21 NEW GROWTH ENGINES SK - VALUE GROWTH INFORMATION, TELECOMMUNICATION & SEMICONDUCTOR 3band LTE-A T Phone m-Commerce Following the commercialization of its Long-Term Evolution (LTE) technology, SK telecom developed the upgraded 3band LTE-A mobile communication technology. It will be commercialized at the maximum 300Mbps data transfer speed at the end of 2014, by combining three frequencies and featuring Career Aggregation (CA) technology. · SK telecom SK telecom developed an open call platform, called T Phone, by adding various data services to existing voice calls. The service can be used on any smartphone and presents an innovative, spam-free, and convenient communication experience by combining diverse apps and functions. · SK telecom The m-Commerce service provides convenience and excellent security by combining mobile handsets with financial payment functions. SK C&C developed CorFire, a mobile commerce solution brand. It consists of CorTSM, a trust-based service management solution; CorPay, an electronic wallet solution; and CorMKT, a mobile marketing solution. By supplying key m-Commerce technologies to global companies like Google, Dunkin, Vodafone, and SingTel, it has been verified for its excellence. · SK C&C SK encar 128GB DDR4 module 20nm 6Gb·8Gb LPDDR3 SK C&C mainly engages in dealing with used cars online and offline, online advertising, inspection and warranty, and the overseas exports of used cars. By introducing the nation’s first automobile inspection and repair guarantee service, it continues to put a new and transparent car retail culture into place. · SK C&C SK hynix developed the world’s first and largest-capacity 128GB DDR4 module by using the Through Silicon Via (TSV) technology. In terms of speed, it is capable of processing massive data as it can transfer 17GB of data per second. · SK hynix 20nm LPDDR3 (Low Power DDR3) is a mobile DRAM that is suitable for nextgeneration advanced mobile devices. In 2013, we succeeded in developing the world’s first 20nm 8Gb LPDDR3 in June, and 6Gb LPDDR3 in October. · SK hynix T Phone 20nm 6Gb·8Gb LPDDR3 “syrup,” next commerce service IPTV UHD Giga Internet Service Technology “syrup” is a new integrated commerce brand that has combined a range of services, including OK Cashbag (an integrated mileage service), Smart Wallet (a mobile wallet), and Gifticon (a mobile gift coupon). It suppor ts customers’ smar t shopping habits, and offers integrated marketing solutions for vendors to create a new commerce world that will change the paradigms of offline commerce through mobile technologies. · SK planet The commercialization of IPTV UHD (Ultra High Definition), which has a four times clearer picture than Full-HD, has been developed by implementing the HEVC (High Efficiency Video Coding) standard data compression technology, which SK broadband and SK telecom developed independently. It enables the UHD service to work without requiring the building of an additional network. It does so by applying the multicast transmission method to the UHD technology. This method minimizes the network load through the effective management of traffic. · SK broadband SK broadband developed a piece of equipment that can provide Giga-level high-speed Internet services that is a minimum of five times faster than current ones. All of which can be achieved without replacing or increasing existing 100M LAN cables. · SK broadband 22 128GB DDR4 module “syrup,” next commerce service IPTV UHD 23 SK - VALUE GROWTH MARKETING & SERVICE SK is carrying out long-term, sustainable social contribution activities with an aim to maximize the happiness of the entire society. Accordingly, we are practicing not one-time support but shared growth to strengthen the primary competitiveness of our business partners. We also participate in solving social issues and lead in activating the ecosystem of social enterprises by establishing and assisting social enterprises in various models. Global General Trading Company L HOUSE JooPaSoo Global General Trading Company SK networks is carrying out global trading and investments with a focus on resources and industrial materials such as chemicals and steel. Based on its nationwide network, the company is also able to supply its core products, including LPG and petroleum to gas and charging stations. Furthermore, it provides a prestigious lifestyle to its customers through a total car service, ICT device retail, fashion, other high-class consumer goods, and hotel services. · SK networks L HOUSE JooPaSoo SK E&C carried out the construction of L HOUSE of SK chemicals. The L HOUSE vaccine factory in Andong is a green building that applied water and energy-saving technologies, while observing the Good Manufacturing Practice (GMP) regulations. It used cutting-edge green construction methods and LED lighting with added ecofriendly facilities; this includes sewage and wastewater recycling in all restrooms. As a result, the L HOUSE obtained the Leadership in Energy and Environmental Design (LEED) gold rating, a first among pharmaceutical factories in the world. · SK E&C SK securities’ “JooPaSoo” mobile securities trading app enables automatic monitoring of individual and collective stocks for its users, informing users of breaking news, abnormal stock market activities and changes in prices and trading volume to userdefined levels, with its patented Catcher function. It was also the first in the industry to introduce the Stock Rating System (SRS). Other unique services provided include real-time hacking prevention alarm and remote digital certificate deletion for lost smartphones. · SK securities SHARED GROWTH. SOCIAL CONTRIBUTION Philosophy - CORPORATE PARTNERSHIP - Social ENTERPRISES Social Contributions - SK Foundations 24 SOCIAL CONTRIBUTION PHILOSOPHY SK - VALUE GROWTH SK continues to practice its happy management policy by systematically carrying out corporate partnerships and social contribution activities. This is based on our values for the pursuit of social contributions, which is called the “creation of greater happiness.” Nurturing people as nurturing trees, and cultivating talent as cultivating a forest SK has been focusing on talent cultivation as a part of its efforts to contribute to the nation’s development through corporate activities amidst the post-war ruins since 1953. Having determined that human resources were the most essential for achieving national reconstruction and rapid growth in South Korea, we established a 100-year plan for cultivating talent. We have also worked to fulfill social contributions by inaugurating a forestation project to cultivate the land, and have launched and invested profits from our businesses into scholarship projects. The ultimate goal of SK is to make its stakeholders happy SOCIAL CONTRIBUTION Philosophy 26 In 2004, SK set its key management philosophy to be providing happiness to all its stakeholders. We specified the contents of our happy management policy and strengthened our executive abilities further in 2008, by targeting members of society and our stakeholders. Our donation activities have evolved from making simple donations to helping to resolve social issues. Contributing to the happiness of others through implementing sustainable solutions for social issues The world is currently faced with numerous social issues such as poverty, the environment, water shortages, medicine and healthcare, and education. Accordingly, we have sought out new directions for corporate partnerships and social contributions to fulfill our solid management philosophy and to par ticipate in solving these escalating social issues. To this end, we will remain dedicated to fostering social enterprises and developing an ecosystem for them to be able to solve these problems based on sustainable business models, while positively carrying out shared growth and social contribution activities for the happiness of our stakeholders. Continuously practicing the happy management policy by growing together with society SK specifies the Group’s social contribution philosophy and determination and presents strategic directions, as led by the Corporate Par tnership Committee of the SUPEX Council. Furthermore, we promote Group-level corporate partnerships, social contribution activities, and social enterprise projects, while practicing happy management through the Korea Foundation for Advanced Studies, Happiness Foundation, and Smile Microcredit Bank. 27 CORPORATE PARTNERSHIP SK - VALUE GROWTH SK established the Win-Win Management Committee in 2009 to control its corporate partnership management activities systematically and create a fair trade culture. It was renamed as the Corporate Partnership Committee in 2013. SK is supporting its business partners by placing a focus on training, capital, technologies, and overseas expansion to help enhance their primary competitiveness, while continuing to expand coverage further. Fostering the development of capabilities through educational support SK helps its business partners to develop talented individuals through systematic educational programs. The SK Corporate Partnership Academy contributes to developing their employee capabilities with the Cor por ate Partnership CEO Seminar, Corporate Partnership MBA, and Corporate Partnership e-Learning. CORPORATE PARTNERSHIP ·S K corporate par tnership academy _ Cor por ate Partnership CEO Seminar, Corporate Partnership MBA, Corporate Partnership e-Learning ·S K job fair with partner companies _ Support recruitment activities of business partners by SK affiliates ·SK planet _ South Korea’s representative mobile military academy Providing financial support for management stability SK provides financial support to its partners to ensure their stable business operations. Since 2009, we have launched and operated the SK Corporate Par tnership Fund with financial institutions at a total worth of KRW 120 billion. By expanding its volume to KRW 420 billion in 2014, we help our partners solve their financial problems mainly by offering them low-interest loans. ·S K corporate partnership PEF _ Support direct investments in quality partners ·S K telecom _ Support collaterals through Korea Credit Guarantee Fund ·SK E&C _ Corporate Partnership Loan Program 28 Providing technical support to strengthen core competitiveness SK is increasing various assistance programs to help its partners strengthen their technological competitiveness. We offer services such as technical consulting and training, opening professional technology support centers for their technology development, operating a Technology Escrow Program to protect their core technologies, and running the Sub-License Program to support their patented technologies. ·SK telecom _ Run T Open Lab for new mutually beneficial experiments ·S K global chemical _ Support technology development for parts localization ·S K hynix _ Share technologies with par tners through Patent Support System Increasing support for overseas expansion SK supports its business partners who are expanding overseas to strengthen their global capabilities. Our affiliates are successfully carrying out overseas projects by jointly entering into overseas markets with their experienced partners. ·S K energy _ Transfer overhaul technologies to partners and local subcontractors ·S K E&C _ Establish a bridgehead for joint advances into the global market by sending business partners’ employees to overseas projects ·S K E&S _ Support business partners’ advancement into overseas city gas projects in cooperation with KOTRA Spreading the corporate partnership culture SK is spreading the corporate partnership culture by utilizing characteristics and capabilities of every single member of its affiliates. ·S K innovation _ Social contribution activities with business partners ·SK telecom _ Expand the range of ICT-based corporate partnerships and merging of ICT technologies into traditional markets 29 Social Enterprises SK - VALUE GROWTH SK has conducted experiments to find out how more social enterprises can take part in solving social issues through a broad range of activities. These include establishing social enterprises, converting profit companies into social enterprises, investing in social enterprises, and fostering talented human resources. Based on their results, we strive to create an ecosystem where they can grow independently. Developing, fostering, and investing in innovative social enterprises SK has developed over 800 social enterprise models by hos ting “ Sesang Social Enter pr ise Contes t” and “Appropriate Technology Social Enterprise Festival” since 2009, while supporting about 80 business start-up models through prize money. We have been making investments to support the growth of social enterprises that are currently active. Such investments will contribute to creating an environment for impact investing, which is almost nonexistent in South Korea. Nurturing innovative and dedicated social entrepreneurs Various experiments on social enterprise models SK has learned about the realities of social enterprises and has experimented with the required conditions to develop an ecosystem for social enterprises, by establishing and operating various social enterprise models. Social Enterprises Our 28 Happy Dosirak (lunchbox) centers are demonstrating the possibility that social enterprises can overcome their less-sustainable and impoverished realities on their own. They make and deliver nutritious lunches to the children of low-income families. We are developing an environment where more Dosirak centers can grow and innovate themselves independently through the establishment of social cooperatives. Happy Narae is a maintenance, repair, and operating (MRO) service provider, which has been converted from a commercial enterprise with sales of KRW 150 billion into a social enterprise. With its mission to be, “a social enterprise that helps social enterprises,” Happy Narae provides markets to over 100 social enterprises, while helping its par tner social enterprises to autonomously grow by returning all its profits to them. ·Franchise model _ Happy Dosirak (28 centers) ·Cooperative model _ Happy Dosirak Social Cooperative ·S ocial enterprise model helping social enterprises _ Happy Narae (100 partner social enterprises) ·P ublic-private cooperation model _ Happy School in Seoul, Busan, Daegu, and Ulsan; Happy Library; Happy New Life; Happy Future Foundation; and Happy F&C ·A ffiliates’ capabilities utilization models _ Happy ICT, Happy Farm, Happy Green Recycling, Happy Web & Media, and Happy Ecophone ·O ther supports for the establishment of social enterprises _ Silver Cinema, Mezzanine I-Pack, Mezzanine Ecowon, Grateful Hands, CAFE TIMOR, Seoul Resource Center, and the Village and Children/Agaya 30 SK has fostered over 1,000 potential social entrepreneurs since 2009 through the Sesang Social Enterprise School, which is the nation’s first systematic social enterprise education program. Based on this experience, we created the world’s f irst MBA program to train and develop social entrepreneurs with KAIST programs. Par ticipants in the first and second term of the KAIST Social Enterprise MBA program, including 20 new students in 2013, are studying to become the next-generation leaders of the social enterprise ecosystem in 2014. Global cooperation networks We carried out a policy research project with some of the wor ld’s leading organizations, including the Schwab Foundation for Social Entrepreneurship and Har vard University, to activate impact investing. The impact investing that was emphasized in our policy report is being dealt with as a major agenda to solve social issues in summits, such as the G8. We are also building a global social enterprise action hub with the UN Global Compact. This online platform that is to be completed in the second half of 2014, will provide social enterprises, non-profit bodies, social investors, and commercial enterprises from around the world a venue to share information and resolve social issues. Continuously conducting experiments to create a social enterprise ecosystem Without staying content with our experiments and activities thus far, we are continuously finding measures to activate the social enterprises’ ecosystem fundamentally. In particular, in order to develop an environment where social enterprises can concentrate on solving social issues, we are finding ways to properly measure the social values that they create, and to provide incentives to them, based on the correct measurement. 31 Social Contributions SK - VALUE GROWTH SK carries out social contribution activities to spread its happy management policy with society. Activities include operating educational and scholarship programs, volunteer services, various campaigns for the development of local communities and for environmental conservation, support projects for the development of sports and culture at home, and global social contribution efforts that target the entire world. Education, Scholarships, and Research SK has been leading and continuing with the education business, scholarship programs, and research projects with the belief that fostering talents is the most valuable resource. In order to foster creative individuals who will bring positive changes to our future society, we are carrying out a broad range of projects such as Scholarship Quiz Show and SK Happy School. Social Contributions ·F ostering national leaders _ Korea Foundation for Advanced Studies (supporting scholarships and international arts and sciences), Scholarship Quiz Show ·Fostering social innovation leaders _ KAIST MBA progr am to fos ter social entrepreneur s, Appropr iate Technology Festival ·Training for the independence of vulnerable teenagers _ SK Happy School (musicals, automobiles, and cooking) ·R esearching and spreading happiness _ Foundation Academia Platonica, Happy Village, and Center for Happiness Studies Volunteer Work SK is continuously developing a wide array of volunteer work activities. Employees of our 17 affiliates, including managers, are voluntarily par ticipating in public service programs of the SK Volunteer Group, which was launched in 2004. These include our group-level volunteer work, such as happiness sharing seasons and emergency relief activities, social contributions by affiliate, and other activities. ·SK pro bono volunteer club _ Offering advices on management strategies, marketing, laws, financial affairs, and IT to social enterprises and public organizations ·S K sunny _ A program run by college students to support volunteer work that strives to solve social issues Local Communities and the Environment SK operates a wide array of projects to improve the quality of life of Suwon and Ulsan residents, while participating in building eco-friendly cities. We are also contributing to the afforestation of the land and environmental protection 32 through our tree-planting business. ·Suwon _ Sunkyong Library, SK Cheongsol Senior Citizen Center, Suwon Artrium, Habitat, Happy Village, etc. ·Ulsan _ Development of Ulsan Grand Park, Handicraft Class, Park Library, etc. ·E nvironment _ For es t ation projec t s in Chung ju, Yeongdong, and Cheonan, and the establishment of Sejong City Funeral Center Sports and Culture SK operates various sponsorship projects for the development of spor ts and culture. We offer a wider scope for domestic sports by supporting less popular sports while fostering up and coming media ar tists through the Ar t Center “nabi.” ·H andball _ Building handball exclusive courts, giving full support for the development of handball as the chairman company of Korea Handball Federation ·Fencing _ Sponsoring the development of fencing as the chairman company of Korea Fencing Federation ·Art center “nabi” _ Holding digital media art exhibitions, operating a library, supporting arts and science, etc. ·S ilver cinema _ Suppor ting the nation’s first theater exclusively for senior citizens Global Social Contributions SK is carrying out social contribution activities for the development of local communities around the world. We are helping to create happier societies through diverse social contribution efforts, such as improving the educational environment, supporting poorer areas, and providing medical care. ·China _ Sponsoring SK Zhuangyuanbang Youth Program, operating SK Guanghua Chuangxin Camp, building sandbreak forest belts, establishing SK Happy Primary School, offering free hear t surgeries, operating Sunny China College Student Volunteer Group, etc. ·Peru _ Establishing a non-profit organization (NPO), carrying out school reconstruction projects, rebuilding medical facilities, helping with the recovery of ear thquake-hit homes, providing agricultural technology education, developing My School online platform, establishing My Eco-Tech Farm, etc. ·Vietnam _ Providing free corrective surgeries to children with facial deformities, supporting libraries, constructing IT centers, carrying out the redevelopment of impoverished areas, etc. ·E cuador _ Carrying out medical volunteer work and delivering medical supplies, helping with repair and reconstruction of elementar y schools, supplying IT terminals, etc. ·Kenya _ SK Happy Well development project 33 SK - VALUE GROWTH SK SK is achieving more systematic and professional social contributions through activities of its foundations in different areas. They include the Korea Foundation for Advanced Studies, the Happiness Foundation, and the Smile Microcredit Bank. Korea Foundation for Advanced Studies The Korea Foundation for Advanced Studies is a nonprofit public organization that contributes to academic development. It is producing Ph. D. holder s mainly through overseas scholarship programs. Its international academic projects include suppor ting visits and research by Asian scholars, operating Asia Research Centers abroad, and hosting the Beijing Forum and Shanghai Forum. Happiness Foundation The Happiness Foundation carries out social enterprise projects and cultural and educational projects. It is contributing to the development of a social enterprise ecosystem, the cultivation of young talents, and the activation of a performance culture and creative works. Smile Microcredit Bank The Smile Microcredit Bank is a nonprofit public corporation, which offers self-support funds with no collaterals and no guarantees for business star t-ups and operations. It targets people who are financially underprivileged. In addition to providing low-interest loans to low-income small businesses that have credit ratings of 7 or lower, it provides consulting and support for promotional marketing. SK Foundations Profile Section 2. SK Profile Financial Highlights - Affiliates - Business Overview - Global NETWORK - Milestones 34 Financial Highlights & Affiliates SK - Profile Financial Highlights Affiliates Energy & Chemicals Information, Telecommunication & Semiconductor 54% (KRW 85 trillion) 23% (KRW 36 trillion) SK’s affiliates continue their sustainable stability and growth by demonstrating “Independent Yet United” capabilities in three areas of energy and chemicals, information, telecommunication and semiconductors, and marketing and services. 2013 Total Sales trillion KRW Marketing & Service Energy & Chemicals SK innovation / SK energy / SK global chemical / SK lubricants / SK incheon petrochem / SK trading international / SK chemicals / SKC / SK E&S / SK gas Information, Telecommunication & Semiconductor SK telecom / SK C&C / SK hynix / SK planet / SK broadband / SK telesys / SK telink / SK communications 23% (KRW 36 trillion) Exports by SK Group in 2013: KRW 76.7 trillion * B ased on 15 listed companies excluding SK holdings, its holding company Investment (Unit: KRW trillion) Total Sales (Unit: KRW trillion) 94 110 155 158 157 14.1 6.4 20092010201120122013 Net Income (Unit: KRW trillion) 4.3 12.1 20092010201120122013 53 3.8 4.6 20092010201120122013 36 9.0 Marketing & Service Market Capitalization (Unit: KRW trillion) 6.4 2.3 7.9 39 69 SK networks / SK E&C / SK shipping / SK securities 81 45 20092010201120122013 37 SK - Profile www.sk.com Major Businesses and Services Holding Company 2013 Sales (Unit: KRW) 1,062.9 billion (KRW 111,777.4 billion, Based on consolidated financial statements) SK holdings is leading the sustainable growth of the SK Group. Through valueoriented stability and growth, the company has been focusing on enhancing its enterprise value. It is also putting forth a multilateral effort into developing the SK Brand and the SK Management System (SKMS), the basis of SK management. SK holdings owns a number of competitive subsidiaries in various business areas including energy and chemicals, IT and semiconductors, and marketing and services. In 2014, under its management policy to “pursue value-oriented stability and growth,” it will continue to enhance its portfolio value. This will be done by executing strategic investments from a long-term perspective, based on its broad market insights beyond its management-oriented role of a holding company. It will also concentrate on raising its value as a holding company by investing in new growth businesses whose future values are projected to be profitable. At the same time, it will continue to lay the foundations for its long-term growth through a more profit-oriented management. Going forward, SK holdings will be dedicated to creating values while adjusting to the rapidly changing global business environment through creativity and innovations. SK energy SK holdings strives to practice and develop the SKMS, which is the corporate culture unique to the brand. The holding company will continue with its commitment to systematically manage the value of SK Brand, which is the key asset and source of the company’s competitiveness. SK global chemical SK innovation SK incheon petrochem Energy & Chemicals SK lubricants SK trading international SK chemicals SK gas SKC SK E&S Section 2. SK Profile Business Overview - Energy & Chemicals 38 Energy & Chemicals SK - Profile eng.skinnovation.com Major Businesses and Services Petroleum Development, Batteries, Information and Electronics Materials, Future Energy 2013 Sales (Unit: KRW) 1,493.8 billion (KRW 66,669.5 billion, Based on consolidated financial statements) Established as South Korea’s first oil refining company in 1962, SK innovation engages in diverse areas of business including petroleum development, batteries, information and electronics materials, and future energy. The petroleum development business has shown stable growth through production in overseas mining areas and increased outputs from existing ones, recording an operating income of over KRW 500 billion for the past three years. Since its early advancement into the overseas resources development sector, it has carried out projects in such countries as Vietnam, Peru and Brazil. In December 2013, it successfully made an equity investment in the Foum Assaka Block oil field in Morocco. SK innovation created a company-in-company by integrating the areas of batteries and information and electronics materials into New Business Development (NBD). This allows the creation of new synergies among its businesses by turning cutting-edge technologies into products, including separators, a core material for batteries. As for electric vehicle batteries, SK innovation has been recognized for its technologies and mass production system by signing supply contracts with global carmakers. The company is currently building a battery pack 40 assembly line after successfully launching a joint venture with Beijing Automotive Industries Holding and Beijing Electronics Holding, and is aiming to acquire China’s largest market share for EV batteries by 2017. With regard to lithium-ion battery separators (LiBS), SK innovation has been ranked as the nation’s largest and the world’s third largest after constructing Lines 8 and 9. It is dedicated to developing next-generation technologies such as GreenPol carbon conversion and utilization and Green-Coal. SK innovation will grow into a global comprehensive energy company by smoothing its process operations and optimizing its marketing value chain, based on innovations to its technologies and business models, and by building on the success of projects in such areas as North American, Southeast Asia and Africa. eng.skenergy.com Major Businesses and Services Refinery (Petroleum, Gas, and Special Products) & Marketing 2013 Sales (Unit: KRW) 43,613.0 billion (KRW 43,746.7 billion, Based on consolidated financial statements) SK energy is a leading energy company in South Korea that has contributed to the national economic development through the production, exports and sales of petroleum products. Formerly Korea Oil Corporation, it started as the nation’s first oil refinery in 1962. With first-rate facilities and operations that deliver premium oil products refined from over 50 types of crude oil, SK energy continues to enjoy its top position with its refining capacity and market share for petroleum products. It was recognized as the best oil refining company in the Asia-Pacific region in a refinery performance analysis conducted by Solomon Associates, a management consulting company for the global energy industry. By providing the industry’s first membership service at more than 4,000 SK gas stations nationwide, SK energy actively engages in customer service activities. It is currently enhancing its brand by making additional efforts for cause marketing. SK energy is actively expanding into the global market by building foundations of growth while strengthening its current competitiveness. By exporting more than 50% of its oil products, it is promoting the nation’s oil industry throughout the world. It made a significant contribution to the selection of petroleum products as the nation’s No. 1 export (Approximately USD 56.1 billion) in 2012. SK energy will continue to lead by maximizing its values. This will involve enhancing its competitiveness in CLX energy efficiency and optimizing its marketing value chain. Therefore, it will remain the best refining and marketing company in the Asia-Pacific region. eng.skglobalchemical.com Major Businesses and Services Basic Chemical (Olefins, Aromatics), Advanced Chemical (Performance Chemicals, Polymer, EPDM) 2013 Sales (Unit: KRW) SK global chemical is seeking to shift its business portfolio to focus on technologies and solutions in order to be “The Innovative Chemical Company, Creating Values with Technology & Solutions.” Through the expansion of existing businesses and the launch of high-value added products, it will continue to grow into a comprehensive chemical company that is leading the world chemical industry. 15,590.7 billion (KRW 15,903.3 billion, Based on consolidated financial statements) SK global chemical has been leading the petrochemical industry in South Korea since it began operating the nation’s first naphtha cracking center in 1972. It became a subsidiary of SK innovation in 2011. All staff members of SK global chemical are dedicated to ensuring global growth and securing new growth engines in the chemical business of the SK Group. The Basic Chemicals business division produces olefins that are used as basic materials for downstream products such as synthetic resins and rubbers, and aromatics, a raw material for synthetic f ibers. SK global chemical is laying the foundation as a global chemical company through the operation of Wuhan naphtha cracking center in China from 2013, and other aromatics manufacturing facilities at home and abroad in 2014. The Advanced Chemicals business supplies raw materials for a wide range of industries including automobiles, electronics and communications. It will continue to maximize its competitiveness by beginning the commercial sale of Nexlene, a premium polyethylene developed in 2014, and successfully operating EPDM facilities in China. It is also advancing into the cutting-edge materials industry, including carbon fiber and electronic chemicals, by developing new technology-based businesses. YUBASE, where the high-quality ZIC lubricants are loaded into the vehicles of global carmakers when they are released. Having obtained quality certificates from renowned car brands, including Mercedes-Benz, Porsche, BMW and Volkswagen, ZIC is used by drivers in over 40 countries in varying climates around the world including Russia and the Middle East. Going forward, SK lubricants will continue with its innovations and growth to achieve the vision to be a “Global Lubricants Top-Tier Player,” based on its specialized technological competitiveness and global networking capabilities. www.sklubricants.com/eng/main/main.html Major Businesses and Services Lubricants and Base Oil 2013 Sales (Unit: KRW) 2,663.1 billion (KRW 3,022.7 billion, Based on consolidated financial statements) SK lubricants has been the leader in South Korea’s lubricants market since 1968, and became a subsidiary of SK innovation in 2009. It succeeded in developing and commercializing Group III base oil manufacturing process with independent technologies in 1995 by predicting the growth of high fuel efficiency lubricant products. Ranked first in the world in the high-quality base oil market with its YUBASE brand, SK lubricants built and operated a base oil factory in Indonesia in 2008. It is also building a base oil factory in Spain in cooperation with Repsol, the nation’s largest refinery. When it begins full-fledged operation in the second half of 2014, YUBASE will have a greater control over the global market. The company also developed ZIC by using eng.skincheonpetrochem.com Major Businesses and Services Production of Petroleum and Petrochemical Products 2013 Sales (Unit: KRW) 2,842.8 billion As of the second half of 2013 since its launch on July 1, 2013 Established as the nation’s third refinery in 1969, SK incheon petrochem has grown into a global company that specializes in the production of petroleum and petrochemical products. It is now capable of processing 275,000 barrels of crude oil daily, and producing 1,000,000 tons of Benzene, Xylene, Toluen (BTX) annually. The company, which started as Kyung-in Ener g y Development Company, was acquired by SK holdings in 2006 and became a subsidiary of SK innovation in July 2013. The goal is to grow into a global oil refining and petrochemical company with world-class 41 Energy & Chemicals SK - Profile productivity by continuously developing new corporate values. This will be done by diversifying its businesses to include the production of such high-value added products as polyester, which is a synthetic fiber, and Paraxylene (PX), which becomes a raw material for PET bottles, while increasing the productivity of its existing oil refinery. It will also advance into the domestic market in the capital area and utilize its geographical advantage to engage in exports to Southeast Asia. SK incheon petrochem excels in safety management; it obtained the highest P grade in the Process Safety Management (PSM) evaluation by the Korea Occupational Safety and Health Agency (KOSHA) in 2013, and achieved 5,000,000 zero-accident man-hours in 2014. The company is fully committed to sustainable practices as it continuously invests in the environmental sector. it became the first in the country to begin the trading of crude oil and petroleum products in 1984. It had been responsible for the stable economical imports of petroleum, a key energy source for the national economy, while exporting more than 50% of petroleum products by continuously developing overseas markets. SK trading international aims to become a global trading company through business model innovation, market intelligence and the expansion of its global network through its pioneering, creative, and positive corporate culture. www.skchemicals.com/en Major Businesses and Services Green Chemicals (Chemicals and Energy), Life Science (Pharmaceuticals and Biopharmaceuticals) 2013 Sales (Unit: KRW) Major Businesses and Services Trading of Crude Oil and Petroleum Products 2013 Sales (Unit: KRW) 3,530.9 billion As of the second half of 2013 since its launch on July 1, 2013 (KRW 20,647.5 billion / Based on consolidated financial statements) SK energy’s trading business, which had been in charge of crude oil imports and petroleum products exports, was reborn as SK trading international in July 2013. The division led the economic growth of South Korea since 42 1,484.6 billion (KRW 8,256.6 billion, Based on consolidated financial statements) SK chemicals, launched as Sunkyong Fibers in 1969, has been leading South Korea’s chemical and life science sectors. With the mission to “promote human health and protect global environment,” SK chemicals reorganized its business structure into the Green Chemicals Biz to manage chemical and energy operations, and the Life Science Biz to oversee healthcare, including pharmaceuticals and biopharmaceuticals. The Green Chemicals Biz is growing into a global leader in the eco-friendly materials sector, based on its top-tier technologies, expertise and production facilities. It is also pursuing new undertakings such as super engineering plastics and bio diesel, while advancing its existing ones like high-performance copolyester and biodiesel. In 2013, SK chemicals established the INITZ joint venture with Teijin, a Japan-based global chemical and pharmaceutical company, for the full-fledged launch of super engineering plastic Poly Phenylene Sulfide (PPS) that had been in the spotlight as a lightweight automotive material. SK chemicals also succeeded in commercializing South Korea’s first poly cyclohexylene dimethylene terephthalate (PCT), which was included in the Top 10 New Technologies at the Korea Technology Awards in 2013. Its eco-friendly ECOZEN and SK YGREEN resins also obtained the highest Gold Level certification from the Cr adle-to- Cr adle Produc ts Innovation Institute (C2CPII). The Life Science Biz provides integrated solutions for healthcare, from disease prevention to diagnoses and treatments, while making steady effor ts to develop new medicines and enter the global markets. In March 2014, SK chemicals signed an agreement for the joint development and sales of premium pneumococcal vaccines with Sanofi Pasteur, the largest company in the world devoted entirely to vaccines, a first among domestic companies. It also completed L HOUSE in Andong, the nation’s first and the world’s largest eco-friendly cell culturebased vaccine factory. Going for ward, SK chemicals plans to strengthen its marketing for high-performance eco-friendly materials. It intends to continuously expand its bio energy business with a focus on bio diesel and bio fuel oil. It will also develop mid- to long-term growth engines by carrying out its preparations for the super engineering plastic PPS and premium vaccine businesses in accordance with its pre-established plan. www.skc.kr/english Major Businesses and Services Chemicals, Films, Photovoltaics, New Materials, Future Materials 2013 Sales (Unit: KRW) 1,851.1 billion (KRW 2,641.4 billion, Based on consolidated financial statements) Founded in 1976, SKC has boasted technologies that have been advancing for more than 30 years, beginning with the development of the nation’s first polyester films. SKC has converted its focus from storage media to the manufacturing of cutting-edge materials, including core materials for polyurethane and optical films. It continuously broadens its business territories to include photovoltaics, new and renewable energy, IT and other eco-friendly materials. SKC supplied PO and PO derivatives by constructing the nation’s first state-of-the-art PO/SM production plant in 1990. It was the first in the world to commercialize the eco-friendly HPPO method, which produces PO by using hydrogen peroxide, in 2008. SKC developed polyester film with its own technologies in 1977, and has been enhancing its global competencies from its Suwon plant, which is the world’s largest production facility, and a large-scale polyester plant in Georgia, USA. In addition, SKC is the only company in the world that produces all types of films for solar cells, ranging from photovoltaic polyester films and back sheets, to fluoride films and EVA sheets. SKC plays the role of a total solutions provider, equipped with an inte- grated production system for key photovoltaic materials, along with the photovoltaic wafer business of its subsidiary, SKC solmics. A separate subsidiary, SKC lighting is accelerating the development of overseas LED lighting markets. SKC is primed to expand by achieving qualitative growth in its core chemical and film businesses, and carrying out new undertakings in electronic and inorganic materials, as well as composite polyurethane materials. SKC will evolve into a global green company in the areas of new and renewable energy and IT materials, while enriching the quality of life with its superior human resources and technologies. *P ropylene Oxide (PO): A highly responsive liquid chemical product and a core material of polyurethane * S tyrene Monomer (SM): A raw material for Styrofoam and plastics www.skens.com/sk/english/main.jsp Major Businesses and Services LNG, Power Generation, Community Energy, Domestic and Overseas City Gas, New and Renewable Energy 2013 Sales (Unit: KRW) 999.5 billion (KRW 6,317.8 billion, Based on consolidated financial statements) SK E&S is a comprehensive energy service provider engaging in a broad range of energy businesses including liquefied natural gas (LNG), power generation, community energy, domestic and overseas city gas, and new and renewable energy. SK E&S enhanced its LNG sourcing competitiveness by directly importing low-priced LNG from Indonesia in 2006, and participating in Australia’s Barossa-Caldita marine gas field development in 2012. In 2013, it successfully laid the foundation to import lowpriced shale gas by signing a contract for the use of LNG liquefaction facilities with Freeport LNG in the USA. It is also building infrastructures to integrate an LNG value chain through its regasification terminal in Boryeong, South Korea. The power generation business operates LNG combined cycle power plants in Gwangyang and Oseong, generating 2.2% of the nation’s total electricity supply. In preparation for a rise in power demand, it is speeding up the construction of new power plants including Jangmun LNG CCPP and Yeoju LNG CCPP. As a high-efficiency energy business that produces and supplies both heat and electricity, it is contributing to the development of regional industries by offering district heating and cooling in six districts, and supplying low-priced heat to the Ochang Industrial Complex, which aims to begin commercial operations in 2016. The city gas business division supplies about 21% of the nation’s city gas demand, recording the largest market share, backed by its seven subsidiaries. SK E&S is also devoted to overseas city gas operations; it established a local subsidiary in Indonesia, and the Wuhan SK E&S-SINO Gas Holdings in Wuhan, China, as a major shareholder of one of the country’s top 3 city gas companies, China Gas Holdings. In the meantime, in order to prepare for paradigm shifts in future energy, SK E&S strives for the supply of eco-friendly new and renewable energy. This includes the construction of 11.4 MW solar power plants in Changwon and four other areas, and the commercial operation of a 3 MW Oseong fuel cell plant in 2013. It also plans to build the 17.5 MW Godeok fuel cell plant in 2014. 43 SK - Profile To achieve its vision to be a “Global Gas & Power Company” by 2020, SK E&S is accelerating the integration of its LNG value chain through creative innovations. eng.skgas.co.kr Major Businesses and Services LPG Marketing, Global LPG Trading, LPG Import Base Operation, Tank Terminal, PDH (Propane De-Hydrogenation) 2013 Sales (Unit: KRW) 4,196.8 billion (KRW 6,672.2 billion, Based on consolidated financial statements) Established in 1985, SK gas is an LPG provider that enjoys the largest LPG market share in South Korea. With 470,000 tons of LPG storage facilities in Pyeongtaek and Ulsan, and a nationwide distribution network, it supplies LPG for household, commercial, industrial and automobile use, while enhancing competitiveness in the existing LPG business and diversifying its business interests. SK gas reinforces its competitiveness in the domestic LPG business mainly by developing new LPG demand for petrochemicals, increasing demand for LPG for automobiles, and tapping the small bulk market. Overseas, it is dedicated to securing local operations by carrying out its global trading business through network branches in Singapore, Dubai, Houston, Calgary and Shanghai. SK gas is seeking to enter the propane dehydrogenation (PDH) business, using propane (LPG) as a raw material. By utilizing its Ulsan LPG storage facilities and LPG trading capabilities, it is raising its cost com- 44 petitiveness in the PDH business. A PDH factory with the APC of Saudi Arabia is in construction, and its commercial operations will begin in early 2016. SK gas is also successfully leading the lubricant tank terminal project by establishing the G. Hub in 2013, while pursuing coal power generation and other new areas. SK gas plans to enhance its enterprise value by strengthening its competencies and moving forward with new undertakings as No. 1 in the domestic LPG market. Through overseas LPG business expansion, product portfolio diversification, and value chain extension, it will grow into a “Global Leading Gas Value Integrator.” SK telecom SK hynix SK C&C SK communications Information, Telecommunication & Semiconductor SK telink SK telesys SK planet SK broadband Section 2. SK Profile Business Overview - Information, Telecommunication & Semiconductor Information, Telecommunication & Semiconductor SK - Profile www.sktelecom.com/en Major Businesses and Services Mobile Communications, Mobile Communications Network, B2B Solutions, Smart Health/Education 2013 Sales (Unit: KRW) 12,860.4 billion the Korean Standard Service Quality Index (KS-SQI) for 14 years. 2014 will be the first year in which SK telecom will be implementing its new 30-year plan. It will continue to practice change and innovation with its vision to be a “Partner for New Possibilities.” SK telecom’s goal is to be the best ICT company that creates new values and transcends boundaries in the industry. As a partner of both people and companies, SK telecom will commit to gaining greater support and respect from its customers and society. (KRW 16,602.1 billion, Based on consolidated financial statements) Mobile carrier SK telecom has led the information and communication technology (ICT) industry in South Korea, with backing from the SK Group. The business began as the nation’s first to introduce the first-generation (1G) analog cellular communications in 1984. With the world’s first commercialization of Code Division Multiple Access (CDMA) in 1996, the company commercialized CDMA2000 1X in 2000, HSDPA and HSUPA in 2006, the LTE-A technology in 2013, and succeeded in developing the 3band LTE-A technology in 2014. It has continued to grow through the world’s first technologies and brand. Based on its ICT capabilities, SK telecom provides a wide array of services for users and industries that center around healthcare, B2B solutions and IPTV, in addition to the world’s highest-level communications services. SK telecom continues to increase customer value by strengthening its marketing and networks, while concentrating on frontline management. SK telecom has been focused on generating outcomes and developing next-generation growth engines. As a result, SK telecom ranked f irst in the National Customer Satisfaction Index (NCSI) for the 17th consecutive year, the Korean Cus tomer Satisfaction Index (KCSI) for 16 years and 46 www.skcc.com Major Businesses and Services System Integration, Outsourcing, Consulting, M-Commerce, Smart Card, Mobile, Used Car Sales (SK encar), Device Retail, Security 2013 Sales (Unit: KRW) 1,805.7 billion (KRW 2,301.8 billion, Based on consolidated financial statements) Since its establishment in 1991, SK C&C has been contributing to enhancing national competitiveness by providing world-class services in such areas as outsourcing, finance, communications, services and manufacturing, and security, from over 50 offices around the world including the USA and China. SK C&C’s range of high-caliber solutions and services include system integration, which offers optimal solutions and services to its customers; outsourcing that is based on service level agreement (SLA), where it has implemented the nation’s first IT outsourc- ing system, and consulting to help customers enhance their competitiveness. SK C&C also boasts differentiated competitiveness in m-commerce and smart card sectors. In the mobile sector, SK C&C is steadily expanding its customer base and business territories by securing global customers like Google, Vodafone and Dunkin, and installing a mobile wallet service for China Unicom and SingTel of Singapore. SK C&C’s subsidiary and the nation’s leading used car and parts company, SK encar is working to strengthen its business models and expand overseas by establishing a joint venture with a leading global player in 2014. It is also focused on its device retail operations, including the exports of smart devices and “ecophones.” SK C&C also provides security services, offering consultations on information security, and developing solutions and systems. Its subsidiary, Inforsec, supports customers to stably carry out their businesses by protecting their information assets. As a result, SK C&C was the first domestic IT company to be listed in the Dow Jones Sustainability Index World for two consecutive years (2012, 2013) and was selected as an Industry Leader in 2013. It also obtained the Best Family-Friendly Management Certification from the Ministry of Gender Equality & Family and was recognized as an outstanding company for Win-Win partnership on the Win-Win Index for its sustainability management and stakeholder engagement efforts. SK C&C will challenge the global market through creative innovations, while boosting the customers’ success through its business insights and technologies. It will remain committed to achieving its vision to “Create Value for Customers, Challenge the Future.” www.skhynix.com/en Major Businesses and Services DRAM, NAND Flash, CIS (CMOS image sensors) 2013 Sales (Unit: KRW) 13,896.3 billion Semiconductors are core to the IT industry. As the integration of IT devices with smart and mobile technologies is requiring more sophisticated solutions, SK hynix will continue to bolster its products while leading in technology. The company will focus on the full-scale mass production of 2y NANO DRAM and 10 NANO NAND Flash solutions, and the development of next-generation memory chips and system semiconductors. With profit-oriented management, pursuit of qualitative growth and efforts to secure future competitiveness, it will lead as the world’s best semiconductor company. (KRW 14,165.0 billion, Based on consolidated financial statements) SK hynix, established in 1983, is a global semiconductor company that manufactures DRAM, NAND Flash and other memory chips that are essential for digital devices including smartphones, tablet PCs and smart TVs. The company also produces system semiconductors like CMOS image sensors. Having secured the industry’s top-level micro processing technologies and a high valueadded product portfolio through continual R&D efforts, SK hynix has repeated growth by responding to market changes and introducing the world’s first smallest, fastest and lowest-voltage innovative solutions. In addition, it is contributing to the nation’s economic development by achieving over 90% of its sales through exports using its global networks established in 15 countries around the world. Celebrating its 30th anniversary in 2013, SK hynix posted the largest-ever earnings with KRW 14,165 billion in revenue, KRW 3,380 billion in operating profit and KRW 2,873 billion in net income, based on consolidated financial statements. Boosting SK Group’s growth within the two years since its inclusion in the Group, SK hynix has proven strong business capabilities through ongoing technological innovations and profit-oriented product operations management. www.skplanet.com/eng Major Businesses and Services NEXT Commerce, Digital Content, Marketing Communication and syrup, which is a new commerce brand and by combining a range of services, including the flagship mobile Smart Wallet; OK Cashbag (the nation’s leading mileage service); and Gifticon (the nation’s first mobile gift exchange service). It is also enhancing customer satisfaction in the mobile platform and digital content area with services such as “T map” mobile navigation, “T store” app market, and “hoppin” mobile VOD service. In addition, SK planet is successfully unfolding its global operations by uniting the capabilities of its subsidiaries, including Commerceplanet (a leading e-commerce company), and M&SERVICE that is helping customers improve their marketing performances. It is also concentrating on the development of integrated platform services by securing successful models in the USA, Turkey, Indonesia and Japan. With the development of products for its NEXT Commerce strategy through the creation of paradigm innovations in the commerce market, SK planet will offer integrated platform services that can compete with key players in the global market. 2013 Sales (Unit: KRW) 1,378.2 billion Launched in 2011, SK planet merged with SK marketing & company in 2013, where businesses include NEXT Commerce, digital contents, advertising and marketing. It is dedicated to developing globally competitive products by combining mobile-oriented creative thinking and technologies that meet the needs of society. By doing so, it is leading the creation of smart consumption values, the development of sharing venues, and communication innovations. Its NEXT Commerce business in the integrated online and offline areas is offering new values to both venders and consumers. It is doing so by providing various services, such as 11st (an open market); Shocking Deal; 47 Information, Telecommunication & Semiconductor SK - Profile www.skbroadband.com/eng Major Businesses and Services High-Speed Internet, Telephone, IPTV, Corporate Data Service 2013 Sales (Unit: KRW) 2,539.4 billion SK broadband provides high-speed Internet, telephone, IPTV, and corporate data services, based on its leading technologies. As the end of 2013, it had a solid customer base, with 4.57 million subscribers to its high-speed Internet service, and 2.1 million subscribers to its IPTV service (unit: households). In 2013, SK broadband focused on enhancing its product distribution, expanding its network infrastructures and differentiating its B2B services. As a result, it produced remarkable achievements, posting the largest-ever net income for the eighth consecutive quar ter. Its aggregate market value also exceeded KRW 1 trillion. In addition, it ranked first for its high-speed Internet and IPTV services in the NCSI survey, in recognition for its excellent network quality and customer-oriented management. content on UHD TVs that do not have set-top boxes (March 2014). In addition, SK broadband practices its corporate mission to grow with its stakeholders through a broad range of social contribution activities. These include obtaining the Best Family Friendly Management Certificate, building a win-win growth system with its business partners, operating a company-wide volunteer group and suppor ting social enterprises. In 2014, SK broadband will continue to grow and develop by strengthening its integrated wire and wireless competitiveness, while consolidating its status as the wire communications market leader through innovation from its “BIKING spirit.” *B IKING spirit: Breaking through Innovation ICT King www.sktelesys.com Major Businesses and Services Repeaters, Customer Premises Equipment (including Giga-WiFi and AP), Transmission Equipment, LTE, Smartphone R&D, HighEfficiency Machinery 2013 Sales (Unit: KRW) Particularly, the number of its fee-based “B tv Mobile” subscribers exceeded 1 million (March 2014), in addition to its already 2.1 million fee-paying “B tv” IPTV (VOD) service subscribers. This was led by its strengthened content competitiveness. SK broadband consolidated its technology leadership in the premium-level communications and media service market and in the Giga Internet field. The IPTV’s Ultra High Definition (UHD) service is four times clearer and more vivid than the full-HD service. It also developed UHD set-top boxes and commercialized the UHD set-top free that allows access to UHD 48 450.8 billion SK telesys is the nation’s top telecommunication equipment company, supplying 4G LTE-based repeaters, transmission equipment, Wireless Broadband ( WiBro), Wireless Fidelity (WiFi), FemtoCell and smar tphones. The company began con- structing basic communications infrastructures in 1997, and established an R&D center in the Pangyo Techno Valley in 2010 to develop such new technologies as the 5G telecommunications network. It developed Giga-WiFi and commercialized the Home Femto Cell for the world’s first. SK telesys is also evolving into a one-stop solution provider by successfully operating industrial equipment and facilities for semiconductor plants and solar power generation, in addition to electric communication facilities such as Internet data centers (IDCs) and base stations. In addition, the company is expanding into the global market with its communication network manufacturing and engineering technologies. It launched 4” and 5” smartphones with competitive pricing in the overseas market by combining its original design with the production technologies of China. It is also participating in the Home Femto Cell development project launched by a European telecommunications company. Also in pursuit is cooperative development in the Fiber to the Home (FTTH) business in Indonesia. As the nation’s leading communications equipment manufacturer, SK telesys is dedicated to building a stable business portfolio and maximizing its enterprise value, while winning recognition for its quality technologies in the new business areas. It will also fulfill its role as “The Most Reliable Network Partner,” providing the most reliable services in the market. www.sktelink.com/os/en/main/os_main.do Major Businesses and Services International Calls, Internet Phones, Mobile Virtual Network Operator (MVNO), Supplementary Telephone Services (including universal area code service) 2013 Sales (Unit: KRW) 433.3 billion SK telink began its resale business by providing an international phone call service with the number 00700 in 1998. It is the nation’s major mobile carrier, offering a wide range of wire and wireless communication services including supplementar y call and Internet call services, and MVNO. SK telink has been recognized for its value as the nation’s best international call service provider, having differentiated capabilities with an excellent call quality, varied rate plans and systematic customer management. In 2014, it was ranked first in the NCSI survey. Its B2B communication service business is helping corporate customers enhance their competitiveness by providing a universal area code service and the exclusive Express Service voice line. and Biz Brand Call, the nation’s first caller ID service. SK telink will solidify its revenue bases from existing businesses, while securing its solid market leadership in MVNO service and developing new businesses for the future. www.skcomms.co.kr/eng Major Businesses and Services Integrated Portal, Integrated Communication Messenger, Mobile Service 2013 Sales (Unit: KRW) 128.3 billion Launched in 2002, SK communications operates a wide range of user Internet services. They include the “nate.com” web portal, which delivers content and bulletin board services from both online and mobile platforms, NateOn, a quick and convenient integrated communications messenger, and Cymera, a self-portrait camera app. Launched in 2012, the “7mobile” MVNO service is leading the market. As of March 2014, it ranked first in sales through a variety of marketing initiatives. These included selling budget phones at convenience stores (a f irst in the industr y), and launching insurance-affiliated products and corporateaffiliated international calling plans. Nate.com tailors to the user experience by providing Nate News, Nate Pann, Nate Search, Nate Video, enter tainment and sports content, and other information channels on automobiles, shopping and real estate. By offering users informative and updated content through services such as “Issue UP,” which shows the latest issues in image or video formats, it continues to strengthen its competitiveness as a web portal service. SK telink is also consolidating its position as a total ICT service company by launching the cloud-based video conference service, VaaS, Launched in 2003, NateOn is the nation’s leading messenger service with 35 million members. In addition to wire and wireless messaging services, it offers a wide range of supplementary features such as large file transfers, remote PC control and voice chatting. With the changing Internet environment marked by blurring boundaries between wire and wireless Internet services and dominance by mobile messenger services, NateOn aims to become a smar t communications platform with enhanced user convenience. Launched in 2012, Cymera is the most convenient and popular camera app that enables users to take self-por traits and stylize them using the integrated photo editing features. As of May 2014, the number of downloads exceeded 90 million, of which over 3 million and 20 million users in about 220 countries around the world use it on a daily and monthly average basis, respectively. The camera application is presenting its possibilities and values as a mobile platform that offers a new culture in the global market, while enabling users to recreate and share their captured self-moments with friends and families. SK communications will grow into a global force for Internet services by providing innovative solutions, continually exploring global markets and expanding its top-level services. 49 Marketing & Service www.sknetworks.com/en/index.jsp SK networks SK E&C Major Businesses and Services Trading, ICT Marketing, Petroleum Products, Car-Life, Fashion, Consumer Goods, Walkerhill 2013 Sales (Unit: KRW) 23,739.6 billion (KRW 25,975.4 billion, Based on consolidated financial statements) Marketing & Service SK shipping SK securities Section 2. SK Profile Business Overview - Marketing & Service SK networks was founded in 1953 as Sunkyong Textiles, a forerunner to the SK Group. With domestic and overseas networks and excellent logistics, it carries out a broad range of businesses to 22 countries. Its energy and car business mainly supplies petroleum and LPG products to more than 3,100 gas stations and over 70 charging stations domestically. SK networks has also been successfully carrying out new businesses in the “Car-Life” area, including light maintenance, rental cars and new car sales. facilities business by operating the Shenyang SK Bus Terminal. The hotel service business is operating the Sheraton Grande Walkerhill, the W SeoulWalkerhill, Incheon Airport Transit Hotel, Walkerhill Duty Free, and the SK pinx resort in Jeju-do. As a trendsetter in domestic hotel services, it is committed to change and innovation while catering to the lifestyles of its premium customers. SK networks will continue to offer its customers the best products and services anytime and anywhere, by strengthening its primary competitiveness in its existing core businesses, and by continuously developing new growth engines for its Car-Life service, consumer materials, and hotel service businesses. As for the chemical and power plant business, SK E&C is leading the industry by having won a series of orders for large-scale power and petrochemical facilities in overseas markets. It is also continuously expanding its business portfolio by successfully entering into the arena of power and gas plant projects. The infrastructure business is creating substantial outcomes from various projects, such as complex development and reclamation, and new port construction, as well as social overhead capital (SOC) construction, which includes high-speed railways and roads. It is doing so based on its outstanding design, construction, and maintenance capabilities. SK VIEW apartments are very popular by people. This business is committed to identifying customers’ needs in advance, and presenting new and smart residential spaces. The u-Business provides total communication solutions, such as Home Network and u-City. www.skec.com Major Businesses and Services Infrastructures, Housing & Architecture, Chemical Plants, Power Plants, U-Businesses The ICT marketing business is efficiently delivering a variety of industr y-related devices, solutions and services based on its domestic mobile terminal distribution, aftersales service and logistics. The trading business enjoys stable growth with a focus on high value-added products including chemicals, steel and coal, while securing profitability by establishing par tnerships with global major suppliers. 2013 Sales (Unit: KRW) The fashion business operates its own brands, such as Obzee, O’2nd and Rouge & Lounge, as well as licensed brands, including Tommy Hilfiger, DKNY, Club Monaco and Calvin Klein, while expanding overseas in China and the USA . In addition, it is actively pursuing real estate development and logistics. In China, it became the first foreign player to enter the Chinese public Since its establishment in 1977, SK E&C has engaged in the construction business in diverse areas including infrastructures, architecture and housing, chemical and power plants, and u-Businesses, based on its excellent EPC capabilities. Currently, it is carrying out 53 projects in 20 countries with 17 overseas subsidiaries and 16 overseas offices. SK E&C is working to expand overseas and develop new products. By reinforcing its competitiveness further and accelerating globalization, it will move forward with the goal of being a global top-tier company for city development and infrastructure construction. 7,505.3 billion (KRW 7,784.1 billion, Based on consolidated financial statements) 51 SK - Profile www.skshipping.com Major Businesses and Services Tanker, Gas Carrier, Bulk Carrier, Bunkering high-quality fuel oil and other various supplementary services. It mainly targets deep-sea fishing, merchant, and special vessels. SK shipping will evolve into a top resources transportation company that meets customers’ needs. It will have a fleet of over 70 vessels with a combined capacity of 13 million DWT by 2015. 2013 Sales (Unit: KRW) 1,425.8 billion (KRW 2,569.5 billion, Based on consolidated financial statements) Beginning with the tanker business in 1982, SK shipping has provided a wide range of marine resource transpor tation services including gas and bulk carriers and bunkering. Based on its accumulated marine transportation experience and capabilities, it is winning international recognition for its value in the resource transportation field. The tanker business is transporting crude oil for major shippers around the world through its global top 8-scale fleet. It has positioned itself as a reliable shipping partner through its record of running safe operations. SK shipping is the world’s first shipping company to own and operate three types of LNG carriers including Moss, Membrane Mark III, and Membrane No. 96. The gas carrier business offers world-class LNG transportation services and has signed a long-term international LNG transportation contract, which is a first in the country. SK shipping carries out more than 500 voyages annually, as it has the experience and abilities for handling all types of cargo and bulk carriers. It continues to build global networks, secure optimal vessels, and leverage its acumen for the operation and navigation of vessels. Its subsidiary in Singapore, SK B&T, offers 52 www.sks.co.kr Major Businesses and Services Wealth Management, Securities Brokerage and Underwriting 2013 Sales (Unit: KRW) 547.8 billion Established in 1955, SK securities is devoted to contributing to the development of South Korea’s capital market and securities industry by pioneering financial innovations and providing differentiated financial solutions for its stakeholders. In order to secure a competitive edge for its wealth management-oriented business, the company reorganized its branch system into Private Investment Banking (PIB) centers, in which the finest financial specialists reside and provide a total WM service package to its individual and institutional customers, via a nationwide network of 13 PIB centers and 27 branches. SK securities was the first in its industry to introduce the “Quant” Stock Recommendation Service and the Stock Rating System (SRS), which are offered through its awardwinning mobile securities trading application, “JooPaSoo.” Some of the accolades it has won include the Grand Prize in the Finance Category at the Smart App Award of the Korea Smart App Assessment Index for two consecutive years, ranking first in the 2013 and 2014 Korea Customer Surprise Brand Index (K-CSBI) surveys, and receiving The 2013 Master Consumer Confidence of Korea Brand Awards. Based on ceaseless efforts in improving its financial consulting competencies, SK securities is also attaining a higher brand value among IB market competitors. In 2013, it ranked first in the private equity fund (PEF) market, and third in bond underwriting, while recording KRW 1.6 trillion in assets under management. SK securities’ foremost commitment is to build a robust and sustainable earnings basis for its stakeholders, by implementing WM-oriented innovations for the retail business, revamping its principal investment (PI) and private equity (PE) investment capabilities, and increasing the profitability of its institutional sales and IB operations. GLOBAL NETWORK & MILESTONES Global NETWORK SK - Profile Global NETWORK SK USA SK energy USA / New York SK USA, Inc. 55 East 59th Street, 11F, New York, NY 10022, USA T. 1-212-583-2456 / F. 1-212-583-2439 ASIA China / Hong Kong SK energy Road Investment (HK) Co., Ltd. Unit 602C, 6/F, Tower 1 Admiralty Centre, 18 Harcourt Road, Admiralty, Hong Kong T. 852-2865-0114 SK China China / Beijing Beijing HQ 26F, SK Tower, No. 6 jia, Jianguomenwai Avenue, Beijing 100022, China T. 86-10-5928-0000 / F. 86-10-5928-0060 SK innovation ASIA Vietnam / Hanoi SK innovation Hanoi Office Room 1302B, 12 Fl. Handiresco Building, 521 Kim Ma, Ba Dinh, Hanoi, Vietnam T. 84-4-3724-5211~2 / F. 84-4-3724-5213 Vietnam / Ho Chi Minh City SK innovation HCMC Office Unit 601(6F), Diamond Plaza, 34 Le Duan Ben Nghe ward, District 1, HCMC, Vietnam T. 84-8-3827-0861 / F. 84-8-3827-0864 NORTH AMERICA USA / Houston SK E&P Company 1300 Post Oak Blvd., Suite 910 Houston, TX 77056, USA T. 1-713-341-5822 / F. 1-713-871-1580 SK E&P America, Inc. 1300 Post Oak Blvd., Suite 910 Houston, TX 77056, USA T. 1-713-341-5822 / F. 1-713-871-1580 SOUTH AMERICA Colombia / Bogota SK innovation Bogota Office Cra. 9 No. 113-52 Oficina 1605, Bogota, Colombia T. 57-1-612-4591 / F. 57-1-612-4596(Ext.118) Peru / Lima SK innovation Sucursal Peruana Avenue Amador Merino Reyna No. 267 Of. 702, Edificio ‘Parque Plaza’ San Isidro, Lima 27, Peru T. 511-719-1110 / F. 511-719-1115 54 China / Shanghai SK Asphalt (Shanghai) Co., Ltd. 1104, Dawning Centre Tower B, No. 500, Hongbaoshi Road, Shanghai 201103, P.R. China T. 86-21-6197-0508 / F. 86-21-6197-0567 Indonesia / Jakarta Representative Office of SK energy in Indonesia #2602, 26F, Tower 2, Indonesia Stock Exchange Building, JI, Jend, Sudirman Kav.52-53, Jakarta Selatan 12190, Indonesia T. 62-21-5140-0100 / F. 62-21-5140-0200 Japan / Tokyo SK energy Tokyo Branch NBF Hibiya Bldg., 25F 1-1-7, Uchisaiwai-cho, Chiyodaku, Tokyo 100-0011, Japan T. 65-6220-1266 / F. 65-6221-1225 Taiwan / Taipei SK energy Taiwan Branch 5F Room A-1 No. 287, Nan-King East Road, Sec.3, Taipei, Taiwan, R.O.C T. 886-2-2718-3949 / F. 886-2-2514-0377 NORTH AMERICA USA / Houston SK energy Houston Company 1401 Enclave Parkway Suite 100, Houston, TX 77077, USA T. 1-281-496-8558 SK global chemical ASIA China / Beijing SK global chemical (China) Holdings Co., Ltd. 35F, SK Tower, No. 6 Jia, Jianguomenwai Avenue, Beijing 100022, China T. 86-10-5920-5550 China / Guangzhou SK global chemical (Guangzhou) International Trading Co., Ltd. Room 2504, HNA Building, No. 8 Linhe Zhong Road, Tianhe District, Guangzhou, Guangdong Province 510610, China T. 86-20-8510-0301 China / Shandong SK global chemical SK-Golden Tide Plastics (Yantai) Co., Ltd. No. 88, Jinlong Road, Zhaoyuan District, Shandong 265408, China T. 86-535-811-8633 Shengyuan Hongda Chemical Co., Ltd. Chaili Industry Park Xigang County Tengzhou City Shandong Province, China T. 86-632-405-7528 China / Shanghai SK global chemical International Trading (Shanghai) Co., Ltd. 15F, Gubei International Fortune Center Ⅱ, No. 1438, Hongqiao Road, Shanghai 200336, China T. 86-21-6197-0100 SK global chemical (China) Holdings Co., Ltd. 15F, Gubei International Fortune Center Ⅱ, No.1438, Hongqiao Road, Shanghai 200336, China T. 86-21-6197-0100 Shanghai Gaoqiao-SK Solvent Co., Ltd. No. 1563-16, North Pudong Road, Pudong New Area, Shanghai 200137, China T. 86-21-5861-6688 Shanghai Huayou International Freight Forwarding Co., Ltd. 15F, Gubei International Fortune Center Ⅱ, No. 1438, Hongqiao Road, Shanghai 200336, China T. 86-21-6197-0100 China / Zhejiang SK global chemical Zhejiang Shenxin SK Packaging Co., Ltd. Shengzhong Village, Xinjie, Xiaoshan, Hangzhou, Zhejiang 311217, China T. 86-571-8261-5097 China / Ningbo Ningbo SK Performance Rubber Co., Ltd. No.266, Beihai Road, Ningbo PetroChemical Economic & Technological Development Zone, Zhenhai District, Ningbo City, Zhejiang Province, 315200, China T. 86-574-8665-7896 China / Wuhan Sinopec-SK (Wuhan) Petrochemical Co., Ltd. Wuhan Chemical and Industrial Zone, Wuhan City, Hubei Province, 430082, China T. 86-27-8663-0093 Japan / Tokyo SK global chemical Japan NBF Hibiya Bldg. 8F, 1-1-7, Uchisaiwai-cho, Chiyoda-ku, Tokyo 100-0011, Japan T. 81-3-3591-3041 Indonesia / Jakarta PT Patra SK The Plaza Office Tower Level 28 Jl. M.H. Thamrin Kav. 28-30 Jakarta 10350, Indonesia T. 62-21-2992-2633 / F. 62-21-2992-8636 Netherlands / Rotterdam SK energy Europe Rotterdam Office Beursplein 37, Beurs WTC, 4th Floor, 3011AA Rotterdam, The Netherlands T. 31-10-205-2570 Singapore / Singapore City SK global chemical Singapore Pte. Ltd. 23 Church Street Units #10-05/06 Capital Square, Singapore 049481 T. 65-6671-1577 Japan / Tokyo SK lubricants Japan Co., Ltd. NBF Hibiya Bldg., 8F, 1-1-7, Uchisaiwai-cho, Chiyodaku, Tokyo 100-0011, Japan T. 81-3-3591-3044 / F. 81-3-3591-0108 USA USA / Los Angeles SK energy Americas Inc. (Los Angeles) 4F, 21250 Hawthorne Blvd., Ste. 465 Torrance, California 90503, USA T. 1-424-903-4009 EUROPE Germany / Frankfurt SK global chemical Frankfurt Office 3.0 Lyonerstrasse 36 Frankfurt am Main, Germany T. 49-15205775765 EUROPE Netherlands / Amsterdam SK lubricants Europe B.V. Strawinskylaan 733, WTC Building B7, 1077 XX, Amsterdam, The Netherlands T. 31-020-714-7813 / F. 31-020-714-7819 MIDDLE EAST UAE / Dubai SK global chemical Dubai Branch #1003, Al Nouf Tower, P.O. Box 126494, Dubai, UAE T. 971-4-252-5277 / F. 971-4-252-5477 NORTH AMERICA USA / Houston SKGC Americas Inc. 1300 Post Oak Blvd Suite 425, Houston, TX 77056, USA T. 1-713-850-0005 SOUTH AMERICA Colombia / Bogota SK global chemical Bogota Branch Cra. 9 No. 113-52 Suite 501, Bogota, Colombia T. 57-1-610-6010 Russia / Moscow SK lubricants RUS LLC Office 1317, Entrance 1, 10 Testovskaya Street, Moscow, 123317, Russia T. 7-495-989-4757 / F. 7-495-989-4758 Spain / Madrid SK SOL Calle de la Retama 7, Planta 14, 28045 Madrid, Spain T. 34-91-467-4400 / F. 34-91-530-9947 NORTH AMERICA USA / Houston SK lubricants Americas Inc. 1300 Post Oak Blvd., Suite 450 Houston, TX 77056, USA T. 1-713-341-5851 / F. 1-713-341-5825 SK lubricants SK trading international ASIA China / Beijing SK lubricants China Co., Ltd. Unit 901-903, Office Tower D, Vantone Center, No. 6 Chaoyangmen Wai Avenue, Chaoyang District, Beijing 100020, China T. 86-10-5671-2000 / F. 86-10-5671-2121 ASIA Singapore / Singapore City SK energy International Pte. Ltd. 4 Shenton Way, #11-02/04 SGX Center Two, Singapore 068807 T. 65-6220-1266 India / Haryana SK lubricants & Oils India Pvt. Ltd. Unit No. 309, Sewa Corporate Park, M.G Road, Gurgaon 122002, Haryana, India T. 91-124-493-2888 / F. 91-124-493-2886 EUROPE United Kingdom / London SK energy Europe Limited 3F, 175-179 Oxford Street, London W1D 2JS, UK T. 44-20-7437-0211 USA / Houston SK energy Americas Inc. (Houston) 1300 Post Oak Boulevard 4th Floor Ste. 1660 Houston, Texas 77056, USA T. 1-713-871-1186 MIDDLE EAST UAE / Dubai SK energy Middle East Office Suite No. 1702, Festival City Office Tower P.O. Box 9389, Dubai, UAE T. 971-4-232-9371 SK chemicals ASIA China / Beijing SK Pharma Beijing Co., Ltd. 23F, SK Tower, No. 6 Jia, Jianguomenwai Avenue, Chaoyang District, Beijing 100022, China T. 86-10-5924-0909 / F. 86-10-5924-0924 China / Guangzhou SK chemicals Guangzhou Office Room No. 1005, 10F, Guangdong International Building, No. 339 Huan Shi Dong Road, Guangzhou, Guangdong Province 510098, China T. 86-134-3020-6584 China / Shanghai SK chemicals Shanghai Office Room No. 1505, Shanghaimart, 2299 YanAn Road(W), Shanghai 200336, China T. 86-21-6295-7070 / F. 86-21-6270-1606 China / Suzhou SK chemicals Suzhou Co., Ltd. #188, Jiangxingdonglu, Wujiang Economic Development Zone, Jiangsu Province 215217, China T. 86-512-8516-2002 / F. 86-512-8516-2007 55 Global NETWORK SK - Profile China / Shandong SK chemicals Qingdao Co., Ltd. 12, Jiangshan Middle Road, Qingdao Economic & Technical Development Zone, Shandong 266000, China T. 86-532-8676-3281~3 / F. 86-532-8676-3190 Japan / Tokyo SK chemicals Tokyo Office Toranomon Roots 21 Bldg., 7-5, Toranomon 3-chome, Minato-ku, Tokyo 105-0001, Japan T. 81-3-5733-6095/6 / F. 81-3-5733-6097 Singapore / Singapore City ST Green Energy Pte Ltd. 22 North Canal Road #03-03, Singapore 048834 T. 65-6602-6366 / F. 65-6533-3023 EUROPE Germany / Eschborn SK chemicals GmbH Topas 1, Mergenthalerallee 77, Eschborn 65760, Germany T. 49-6196-90206-11 / F. 49-6196-90206-29 SK chemicals Frankfurt Office Topas 1, Mergenthalerallee 77, Eschborn 65760, Germany T. 49-6196-90206-11 / F. 49-6196-90206-29 NORTH AMERICA USA / California SK chemicals America, Inc. 2 Park Plaza, Suite 1250, Irvine, CA 92614, USA T. 1-949-336-8088 / F. 1-949-336-8089 USA / New York SK chemicals New York Office 55E 59th Street 11F, New York, NY 10022, USA T. 1-212-583-2430 / F. 1-212-583-2461 China / Shanghai SKC (Shanghai) International Trading Co., Ltd. Room No.1408, International Trade Center, 2201, West Yan’an Road, Shanghai 200336, China T. 86-21-6270-2866(Ext. 301) / F. 86-21-6270-2377 Singapore / Singapore City SK LNG Trading Pte., Ltd. 50 Raffles Place #27-01 & 06 Singapore Land Tower, Singapore 048623 T. 65-6220-0758 / F. 65-6220-0217 China / Jiangsu SKC (Jiangsu) Hightech Plastics Co., Ltd. No.5, JiangHe Road, NETDA, NanTong, Jiangsu, 226009, China T. 86-0513-8916-9735 / F. 86-513-5108-8996 Indonesia / Jakarta PT. SK ENS Nusantara 26F, Stock Exchange Building 2, Jl. Jend Sudirman Kav. 52-53, Jakarta, Indonesia Japan / Tokyo SKC Japan Office CJ Building 8F, 2-7-4, Nishi-Shinbashi, Minato-ku, Tokyo 105-0003, Japan T. 81-3-3591-6325 / F. 81-3-3591-6350 Taiwan / Taipei SKC Taiwan Office 13F, No. 337, Fusing N. Road, Songshan District, Taipei City 105, Taiwan (R.O.C.) T. 886-2-2712-2266 / F. 886-2-2547-4763 EUROPE Germany / Frankfurt SKC Europe GmbH. Hahnstrasse 70, 60528 Frankfurt am Main, Germany T. 49-69-6690-130 / F. 49-69-6661-071 Poland / Dzierzoniow SKC Europe pu sp. z o.o UL. Strefowa 16, 58-200, Dzierzoniow, Poland T. 48-71-734-53-96 / F. 48-71-734-57-62 NORTH AMERICA USA / Atlanta SKC Inc. SKC Drive, Covington, GA 30014, USA T. 1-678-342-1000 / F. 1-678-342-1800 SKC SK E&S ASIA China / Beijing SKC (Beijing) Polyurethane Co., Ltd. No.169 of Zhaoquanying-duan, Changjin-lu, Zhaofeng-chanyejidi, Zhaoquanying-zhen, Shunyi-qu, Beijing, China T. 86-10-6044-4005(8003) / F. 86-10-6044-3476 ASIA China / Beijing SK E&S Co., Ltd. Beijing Representative Office 27F, SK Tower, No. 6 Jia, Jianguomenwai Avenue, Beijing 100022, P.R. China China / Guangzhou SKC International Trading (Guangzhou Office) Room 1911, CITIC PLAZA, 233 Tianhe N. Road, Guangzhou City 510613, China T. 86-20-3877-1140 / F. 86-20-3877-1540 56 China / Wuhan Wuhan SK E&S-SINO Gas Holdings Co., Ltd. 9F Publisher Building, 277 Qingnian Road, Wuhan, China T. 86-27-8362-0232 / F. 86-27-8362-0203 OCEANIA Australia / Perth SK E&S Australia Pty., Ltd. Level 39 108 ST, George Terrace, Perth, WA 6000, Australia NORTH AMERICA USA / Houston SK E&S Americas Inc. 1401 Enclave Parkway, STE 100 Houston, TX 77077, USA SK gas ASIA China / Shanghai SKG China Floor 2902B, Building No. 1, Gubei International Fortune Center, Hongqiao Street 1438, Shanghai, China T. 86-21-5419-3602/3603 / F. 86-21-5419-3609 Singapore / Singapore City SK gas International 50 Raffles Place #27-01 & #27-06 Singapore Land Tower, Singapore 048623 T. 65-6631-9309 / F. 65-6223-8231 NORTH AMERICA USA / Houston SK gas Houston Office 1401 Enclave Pkwy # 100, Houston, TX 77077, USA T. 1-281-496-8345 / F. 1-281-258-2860 Canada / Calgary Suite 204, 5 Richard Way SW, Calgary, AB T3E 7M8, Canada T. 1-587-779-2674 MIDDLE EAST UAE / Dubai SK gas Dubai Office Suite No. 1702, Festival City Office, Tower Marsa Al Khor, P.O. BOX 9389, Dubai, UAE T. 971-4-232-8763 / F. 971-4-232-8762 SK telecom SK C&C ASIA China / Beijing SK telecom (China) Holding Co., Ltd. 25F, SK Tower, No. 6 Jia, Jianguomenwai Avenue, Chaoyang District, Beijing 100022, China T. 86-10-5928-0153 / F. 86-10-5928-0060 ASIA China / Beijing SK C&C Beijing 21F, Fosun International Center, No. 237, Chaoyangbei Road, Chaoyang District, Beijing 100020, China T. 86-10-5977-0900 / F. 86-10-5977-0800 Japan / Tokyo SK telecom Co., Ltd. 8F, NBF Hibiya Bldg. 1-1-7 Uchisaiwai-cho, Chiyoda-ku, Tokyo, Japan T. 81-3-3591-3800 / F. 81-3-3591-3807 China / Shenyang SK C&C Shenyang 7F, SK Building, No. 61 Shenglinan Street, Heping District, Shenyang City, Liaoning Province, China T. 86-24-3187-8500 / F. 86-24-3187-8482 Singapore / Singapore City SK telecom Co., Ltd. 4 Shenton Way, #15-04 SGX Center Two, Singapore 068807 T. 65-6232-9746 / F. 65-6536-9716 Malaysia / Kuala Lumpur SK C&C Malaysia Office 53A, Vista Tower, The Intermark, 182 Jalan TunRazak, 50400, Kuala Lumpur, Malaysia T. 603-2166-4011 / F. 603-2166-9011 Indonesia / Jakarta SK telecom Co., Ltd. #2602 Indonesia Stock Exchange Building Tower II 26F, Jl. Jend. Sudirman Kav. 52-53, Jakarta 12190, Indonesia T. 6221-2926-1811 / F. 6221-2926-1815 EUROPE Azerbaijan / Baku SK C&C Azerbaijan Office 12F, Caspian Plaza 1, Index AZ1065, 44 J.Jabarli Street, Baku, Azerbaijan T. 994-12-437-3811 Vietnam / Ho Chi Minh City SK telecom Co., Ltd. Unit 1212A, 12F, Diamond Plaza, 34 Le Duan Street, Ben Ngha Ward, District 1, Ho Chi Minh City, Vietnam T. 84-8-3822-9145 / F. 84-8-3822-9153 MIDDLE EAST UAE / Dubai SK C&C Dubai Office Office #501, Indigo Icon Tower, Jumeirah Lake Towers, Dubai, UAE T. 971-4-447-8914 / F. 971-4-447-8913 Malaysia / Kuala Lumpur SK telecom Co., Ltd. 53A, Vista Tower, The Intermak, 182, Jalan Tun Razak, 50400 Kuala Lumpur, Malaysia T. 603-2164-8011 / F. 603-2166-9011 NORTH AMERICA USA / Atlanta SK C&C USA 12600 Deerfield Parkway STE 425, Alpharetta, GA 30004, USA T. 1-770-670-4700 / F. 1-770-670-4660 India / Bangalore SK hynix Semiconductor India Pvt. Ltd. Unit 10, Level 8, Innovator Building, ITPB (International Technology Park Bangalore), White Field Road, Bangalore 560066, India T. 91-80-4126-5271~2 / F. 91-80-4126-5273 SOUTH AMERICA Colombia / Bogota SK C&C Colombia Office Avda. Calle 116 No. 7-15 Torre Cusezar, Oficina 1002, Bogota, Colombia T. 57-1-744-4441 Japan / Tokyo SK hynix Japan Inc. 23F, Shiroyama Trust Tower, 4-3-1 Toranomon, Minato-ku, Tokyo, Japan T. 81-3-6403-5500 / F. 81-3-6403-5590/5591 NORTH AMERICA USA / Sunnyvale SK telecom Americas, Inc. 310 De Guigne Dr. Sunnyvale, CA 94085, USA T. 1-408-328-2900 / F. 1-408-328-2931 USA / New York SK telecom Co., Ltd. 55 East 59th Street, 10F, New York, NY 10022, USA T. 1-212-583-2467 / F. 1-212-583-2461 SK hynix ASIA China / Beijing SK hynix Semiconductor (Shanghai) Co., Ltd. Room. 1401, Landmark Building, 8 North Dongsanhuan Road, Chaoyang District, Beijing 100004, China T. 86-10-6590-6546 / F. 86-10-6590-0908 China / Chongqing SK hynix Semiconductor (Shanghai) Co., Ltd. Room 5-7, Caifu Building A, Caifu Road No. 2, Yubei District, Chongqing, China T. 86-023-8819-7951 China / Hong Kong SK hynix Semiconductor Hong Kong Ltd. Suite 1707-08 17F, Central Plaza, 18 Harbour Road, Wanchai, Hong Kong T. 852-2791-1600 / F. 852-2971-1622 China / Shanghai SK hynix Semiconductor (Shanghai) Co., Ltd. Room 2702-2705, Maxdo Center, No. 8, Xing Yi RD, Changning Zone, Shanghai, China T. 86-21-5208-0505 / F. 86-21-5208-0802 China / Shenzhen SK hynix Semiconductor (Shanghai) Co., Ltd. 18F, B tower Donghai International Center, Futian District, Shenzhen, China T. 86-755-8257-1591 / F. 86-755-8257-1584 China / Wuxi SK hynix Semiconductor (China) Ltd. Lot K7, Wuxi Export Processing Zone in Wuxi New District, Wuxi, Jiangsu Province, China T. 86-510-8520-8888 / F. 86-510-8520-8298 SK hynix (Wuxi) Semiconductor Sales Ltd. K-7 plot. Export Processing Zone Wuxi, Jiangsu Province, China T. 86-510-8520-8779 / F. 86-510-8520-8789 Japan / Osaka SK hynix Japan Inc. 10F, Sumitomo Seimei Shin-Osaka Higashiguchi Bldg., 1-19-4 Higashinakajima, Higashiyodogawa-ku, Osaka 533-0033, Japan T. 81-6-4809-8851 / F. 81-6-4809-8966 57 Global NETWORK SK - Profile Malaysia / Penang SK hynix North-East ASIA Pte. Ltd. Unit 17 lower level 5 Hotel Equatorial Penang 1 Jalan Bukit Jambul Banyan Lepas, Malaysia T. 60-04-643-2428 / F. 60-04-643-2432 United Kingdom / Weybridge SK hynix UK Limited 243 Brooklands Road, Weybridge, Surrey KT13, 0RH, United Kingdom T. 44-1932-827-700 / F. 44-1932-827-745~7 Singapore / Singapore City SK hynix North-East ASIA Pte. Ltd. 8 Temasek Boulevard #11-03, Suntec City Tower 3, Singapore 038988 T. 65-6338-5966 / F. 65-6336-5911/5922 NORTH AMERICA USA / Austin SK hynix America Inc. 4201 West Parmer Lane Bldg. B, Suite 280 Austin, TX 78727, USA T. 1-512-339-5731 / F. 1-512-821-3730 Taiwan / Taipei SK hynix Semiconductor Taiwan Inc. 11F, Lite-On Technology Building, No. 392, Ruey Kuang Road, Neihu, Taipei 11492, Taiwan, R.O.C T. 886-2-8752-2300 / F. 886-2-8752-2366 Taiwan / Zhubei City SK hynix flash solutions Taiwan Ltd. 6F-1, No.6, Taiyuen 1st.(Taiyuen Hi-Tech Industrial Park), Zhubei City, Hsinchu County 302, Taiwan T. 886-3-543-2300 / F. 886-3-543-2322 EUROPE France / Paris SK hynix Deutschland GmbH Bureaux de sevres-2 rue Troyon 92316 SEVRES, Cedex, Paris, France T. 33-141-14-83-42 / F. 33-141-14-83-40 Finland / Helsinki SK hynix Deutschland GmbH Technopolis, Innopoli 2, Tekniikantie 14, 02150, Espoo, Finland T. 358-46-712-1081 / F. 358-46-712-1080 Germany / Raunheim SK hynix Deutschland GmbH Am Prime Parc 13, Kelsterbacher Street 16 D-65479 Raunheim, Germany T. 49-6142-921-100/205 / F. 49-6142-921-290/214 Ireland / Dublin SK hynix UK Limited 1F, Block 10-3, Blanchardstown Corporate Park, Dublin 15. Ireland T. 353-1-882-9600 / F. 353-1-882-9600 Italy / Agrate Brianza SK hynix Italy S.r.l. Viale Colleoni, 15 20864 Agrate Brianza(MB), Italy T. 39-039-5968-500 / F. 39-039-5968-501 Russia / Moscow SK hynix Deutschland GmbH Leninsky Prospect 158, Hotel Salyout Office, 0225, Moscow, Russia T. 7-495-232-56-71 / F. 7-495-232-56-71 58 USA / Chicago SK hynix America Inc. 1920 North Thoreau Drive Suite 170 Schaumburg, IL 60173, USA T. 1-841-925-0190 / F. 1-847-825-0196 USA / Dallas SK hynix America Inc. 1701 Gateway Blvd. Suite 357 Richardson, TX 75081, USA T. 1-972-690-4969 / F. 1-972-690-1065 USA / Fishkill SK hynix America Inc. 10 Lafayette Court Suite 10A Fishkill, NY 12524, USA T. 1-845-896-0353 / F. 1-845-896-0577 USA / Houston SK hynix America Inc. Houston Office 2033 Tomball Parkway #480 Houston, TX 77070, USA T. 1-281-205-4917 / F. 1-281-251-4292 USA / Raleigh SK hynix America Inc. 5511 Capital Center Drive, Suite 330 Raleigh, NC 27606, USA T. 1-919-436-1244 / F. 1-919-859-3137 USA / San Jose SK hynix America Inc. 3101 North First Street, San Jose, CA 95134, USA T. 1-408-232-8000 / F. 1-408-232-8110 SK hynix memory solutions Inc. 3103 North First Street, San Jose, CA 95134, USA T. 1-408-987-2400 / F. 1-408-987-2401 SK planet ASIA Indonesia / Jakarta PT. MelOn Indonesia Gedung Telkom Datel Jakarta Selatan 7F, Jl. Sisingamangaraja Kav. 4-6 Selong, Kebayoran Baru, Jakarta Selatan 12110, Indonesia T. 62-21-7279-0259 PT. XL Planet Plaza 89, 2F, Jl. HR Rasuna Said Kav. X7 No. 6 Jakarta 12940, Indonesia T. 62-21-2952-1793 / F. 62-21-2952-1794 Japan / Tokyo SK planet Japan NES Bldg. N-5F, 22-14 Sakuragaoka-cho, Shibuya-ku, Tokyo 150-0031, Japan T. 81-3-6416-5181 / F. 81-3-6416-5184 Singapore / Singapore City SK planet Global Holdings Pte. Ltd. 4 Shenton Way #14-02, SGX Centre 2, Singapore 068807 T. 65-6597-4403 MIDDLE EAST Turkey / Istanbul Doğuş Planet Elektronik Ticaret ve Bilişim Hizmetleri A.Ş. Reşitpaşa Mah. İ.T.Ü. Teknokent ARI 3 No: 4/A-3 Kat No :8-9 Sarıyer, İstanbul, Turkey T. 90-212-999-6670 / F. 90-212-999-6769 NORTH AMERICA USA / San Francisco SK planet Global holdings Pte. Ltd. SK planet, Inc. / TicToc Planet, Inc. 475 Brannan Street, Suite 420 San Francisco, CA 94107, USA SK telesys Indonesia / Jakarta SK telesys Jakarta Menara Prima Lantai 24 unit A Jalan Lingkar Mega Kuningan blok 6.2 Jakarta Selatan 12950, Indonesia T. 62-21-5794-7968 / F. 62-21-5794-7969 SK networks ASIA China / Beijing SK networks Co., Ltd. Beijing Office 2302B, SK Tower, No. 6 jia, Jianguomenwai Avenue, Beijing 100022, China T. 86-10-5924-0827(38) China / Qingdao SK networks Co., Ltd. Qingdao Office Room No. 1902, Huayin Tower, 5 Donghai Xi Road, Qingdao, China T. 86-532-8387-4333 China / Wuhan SK networks Co., Ltd. Wuhan Office #1817 Tower 1, New World International Trade Center No. 568 Jianshe Avenue, Wuhan, China T. 86-27-8577-5842 China / Dalian SK networks Co., Ltd. Dalian Office 14F, Senmao Bldg. No. 147 Zhong Shan Road Xiigang District, Dalian 116011, China T. 86-411-8369-3300 SK networks (Qingdao) Auto Service No. 298 South Road Chongqing, Disirci Sifang, Qingdao, China T. 86-532-8496-7577 China / Yuanqu Northern Copper Industrial Co., Ltd. Dongfengshan, Yuanqu, Yuncheng, Shanxi, China T. 86-359-603-1978 China / Dandong Dandong SK networks Energy Co., Ltd. No. 8 Riverside Backstreet, Zhen’an District, Dandong 118000, China T. 86-415-398-1111 China / Shanghai SK networks Co., Ltd. Shanghai Office Room No. 801, Building A, Dawning Center, 500 HongBaoShi Road, Post Shanghai, China T. 86-21-6295-0088 India / Mumbai SK networks Co., Ltd. Mumbai Office 404, 5F, 36 Turner Road, Bandra(W), Mumbai, 400-050, India T. 91-22-2645-4344 Dandong SK networks Logistics Co., Ltd. Room 210, Multiple Building, Jinquan Road 3, Langtou Zone, Zhenxing District, Dandong, China T. 86-24-2281-4330 SK networks (China) Fashion Co., Ltd. Room 1001, No. 1033 Changning Road, Shanghai, China T. 86-21-3209-3338 Indonesia / Jakarta PT. SK networks (Indonesia) Indonesia Stock Exchange Bldg., Tower I 26th, Suite 2603A Sudirman Central Business District Jl. Jend. Sudirman Kav. 52-53, Jakarta 12190, Indonesia T. 62-21-515-5688 SK networks (Beijing) Auto Service 122, Wangjing NanHuDongYuan, Bo Tai Guo Ji, Blk B, unit 1201, Beijing, China T. 86-024-3131-0777 Liaoning SK networks Real Estate Development Co., Ltd. The 4F, SK Bldg., No. 8 Binjiang West Road, Zhenxing District, Dandong, Liaoning Prov, China T. 86-415-386-9999 Dandong Lijiang Estate Management Co., Ltd. The 4F, SK Bldg., No. 9 Binjiang West Road, Zhenxing District, Dandong, Liaoning Prov, China T. 86-415-318-5555 Dandong SK networks Construction Co., Ltd. No. 8 Riverside Backstreet, Zhen’an District, Dandong 118000, China T. 86-415-398-1111 China / Guangzhou SK (Guangzhou) Metal Co., Ltd. DongLe Road, the Eastern of Guangzhou Development District(next to Lezhu new village), China T. 86-20-3229-0726 SK networks (Guangzhou) Auto Service Room 2501, Skyfame Tower, No. 8 Linhezhong Road, Tianhe District, Guangzhou Guangdong, China T. 86-20-3848-1740 China / Pinghu POSK (Pinghu) Steel Processing Center Co., Ltd. 2222, Xingming Road, Economic Development Zone, Pinghu City, Zhejiang Province, China 314200 T. 86-573-8522-3333 SK networks (Shanghai) Co., Ltd. Room No. 801, Building A, Dawning Center, 500 HongBaoShi Road, Post Shanghai, China T. 86-21-6295-0088 China / Shenyang SK networks (China) Holdings Co., Ltd. No. 61 Shenglinan Street, Heping District, Shenyang City, Liaoning Province, P.R. China T. 86-24-3137-0777 Shenyang SK networks Bus Terminal Co., Ltd. No. 63 Shenglinan Street, Heping District, Shenyang City, Liaoning Province, P.R. China (Post Code: 110001) T. 86-24-3187-7988 Indonesia / Jambi PT. Karya Bumi Baratama UOB Plaza-Thamrin Nine 38F, JI.M.H. Thamrin Kav. 8-10 / Mining Area: JI. Lintas Sumatra km 04 Sarolangun, Jambi, Indonesia T. 62-21-5290-0907 Japan / Tokyo SK networks Japan Co., Ltd. Orix Shimbashi Bldg., 10F, 5-8-11 Shimbashi, Minatoku, Tokyo 105-0004, Japan T. 81-3-5403-7791 SK networks Shenyang Office No. 61 Shenglinan Street, Heping District, Shenyang City, Liaoning Province, P.R. China T. 86-24-2281-4330 Kazakhstan / Almaty Keregetas LLP Office No. 620, 64/47 Bldg., Zhibek Zholy Street, Almaty, Republic of Kazakhstan T. 7-727-234-79-00 Shenyang SK networks Energy Co., Ltd. No. 61 Shenglinan Street, Heping District, Shenyang City, Liaoning Province, P.R. China T. 86-24-3137-0707 Novoko B. V. Teleportboulevard 140, 1043 EJ Amsterdam, The Netherlands T. 31-20-540-5886 SK (Shenyang) Auto Rental Co., Ltd. No. 63 Shenglinan Street, Heping District, Shenyang City, Liaoning Province, P.R. China (Post Code: 110001) T. 86-24-3187-7893 Malaysia / Kuala Lumpur SK networks Trading (Malaysia) Sdn Bhd Suite No. 1409, Kenanga International, Jalan Sultan Ismail, 50250, Kuala Lumpur, Malaysia T. 60-3-2161-0911 China / Suzhou Suzhou SK Auto Rental Co., Ltd. #88 Jinjilake Road SIP Suzhou, Jiang Su Province, P.R. China T. 86-512-6280-0360 Singapore / Singapore City Gemini Partners Pte. Ltd. 30 Cecil Street #10-05, Prudential Tower, Singapore 049712 59 Global NETWORK SK - Profile Taiwan / Taipei SK networks Co., Ltd. Taiwan Office Nanking East Road, Sec 3, 287, 5F, Room A-1, Taipei, Taiwan T. 886-2-2718-3949 Vietnam / Ho Chi Minh City SK networks Co., Ltd. Hochiminh Office 6/F, Diamond Plaza 34 Le Duan Street, Sist. 1, Ho Chi Minh City, Vietnam T. 84-8-3823-1397 EUROPE Czech / Praha SK networks Deutschland GmbH, Praha Office V.Celnici 4 /1031, 110 00 Praha, Czech Republic T. 420-226-209-010 Germany / Frankfurt SK networks Deutschland GmbH Lyoner Street 34, 60528 Frankfurt / Main, Germany T. 49-69-669-00124 MIDDLE EAST Iran / Teheran SK networks Co., Ltd. Teheran Liaison Office 3F, #215, Vahid Dastgerdi (Zafar East) Street, Modarres Highway, Teheran, Iran T. 98-21-2202-8482 Saudi Arabia / Jiddah SK networks Co., Ltd. Jiddah Office Room 703, Al Shuheili Bldg., P.O. Box 1077, Jiddah 21431, Saudi Arabia T. 966-1-460-0356(7) Saudi Arabia / Riyadh SK networks Co., Ltd. Riyadh Office Al-Akariyah Bldg 3 (Room 426) P.O. Box 19490, Riyadh, Saudi Arabia T. 996-1-460-0356 UAE / Dubai SK networks Co., Ltd. Dubai Office Suite No. 703~704, P.O. Box 50680, Nouf Tower, Deira, Dubai, UAE T. 971-4-295-4184 NORTH AMERICA Canada / Vancouver SK networks Resources (Canada) Co., Ltd. 1200 Waterfront Centre, 200 Burrard Street, Vancouver, B.C, Canada T. 604-687-5744 USA / Los Angeles SKC Inc. 12750 Center Court Dr, Suite 400 Cerritos, CA 90703, USA T. 1-562-207-1192 60 USA / New York Obzee N.Y Inc. 632 West 28 Street, 4F, New York, NY 10012, USA T. 1-212-477-7778 OCEANIA Australia / Sydney SK networks Steel Australia Pty Ltd. 15 Wonderland Dr Easter Creek NSW 2766, Australia T. 61-2-8882-1012 Wyong Areas Coal Joint Venture 25 Bryant Drive Tuggerah, NSW 2259, Australia T. 61-2-4352-7500 SK networks Resources Australia Pty Ltd. Suite 2404, Level 24, 44 Market Street, Sydney NSW 2000, Australia T. 61-2-9248-1401 SK networks Resources Australia (Wyong) Pty Ltd. Suite 2404, Level 24, 44 Market Street, Sydney NSW 2000, Australia T. 61-2-9248-1401 SOUTH AMERICA Brazil / Rio de Janeiro MMX Mineracao e Metalicos S/A Praia do Flamingo 154 10 Andar, Parte Flamengo Rio de Janeiro, 22210-030, Brazil T. 55-21-2555-5557 Mexico / Santa Rosalia Korean Boleo Corporation, Sociedad Anonima de Capital Variable Luz Savinon No. 205 Colonia del Valle Mexico, D.F. C.P. 03100, Mexico / Mining Area: Av. De Las Floes #13 Col. Mesa Mexico 2390, Santa Rosalia. B.C.S 615-1522-190 T. 52-604-685-2323 SK E&C ASIA China / Nanjing Nanjing Co., Ltd. No. F,G,H 16F. International Financial Center, Hanzhong Road No. 1, Nanjing 210005, China T. 86-25-8470-1223 / F. 86-25-8470-1809 China / Shanghai SK E&C Shanghai Office No. 2312, 23F, International Trade Center, 2201 Yan An Road(W) Shanghai, China T. 86-21-6278-1772 / F. 86-21-6278-1774 China / Shanxi Shanxi SK Guolin Hi-Tech Road Material Co., Ltd. Dongfu#1, Baqiaozhenzheng Road, Baqiao District, Xian City, Shanxi Province, China T. 86-29-8361-0790 / F. 86-29-8361-0796 Vietnam / Hanoi SK E&C Hanoi Branch Unit 2507 Keangnam Landmark 72 Tower Pham Hung Road, Tu Liem District, Hanoi, Vietnam T. 84-4-3768-9305~7 / F. 84-4-3768-9308 China / Hong Kong Hong Kong Branch Rm 1403, 14F, Jubilee Center, 18 Fenwick Street/46 Gloucester Road, Wanchai, Hong Kong SAR T. 852-3583-0650, 0542 / F. 852-3583-1347 EUROPE Germany / Frankfurt Frankfurt Office T.O.P. A.S 1, Mergenthaler Allee 77, 65760, Eschborn, Germany T. 49-(0)6196-470741~42 / F. 49-(0)6196-470740 India / Haryana SK E&C India 6F, Tower A, Building No-6, DLF Cyber City, Phase-3, Sector-24&25A, Gurgaon-122002, Haryana, India T. 91-124-423-9000 / F. 91-124-423-9001 Indonesia / Jakarta SK E&C Jakarta Branch Mayapada Tower 7F Unit 05, Jl. Jend. Sudirman Kav. 28, Jakarta 12920, Indonesia T. 62-21-521-1883/1884 / F. 62-21-521-1867 Laos / Vientiane Xe-Pian Xe-Namnoy Power Company Limited. 6F Capital Tower, 23 Singha Road, Nongbone Village, Saysettha District, Vientiane Capital, Lao PDR T. 856-021-455-025 / F. 856-021-455-025 Singapore / Singapore City SK E&C Singapore Branch 20 Maxwell Road, Maxwell House 12-01A, Singapore 069113 T. 65-6294-7177 / F. 65-6294-7178 SK E&C Jurong Investment 50 Raffles Place #22-03A, Singapore Land Tower, Singapore 048623 T. 65-6532-6085 Thailand / Bangkok SK E&C Bangkok Branch Unit 2702, 27F, Two Pacific Place, 142, Skhumvit Road, Klongtoey, Bangkok 10110, Thailand T. 66-2-254-7211~4 / F. 66-2-254-7215 SK E&C Thai Unit 2702, 27F, Two Pacific Place, 142, Sukhumvit Road, Klongtoey, Bangkok 10110, Thailand T. 66-2-254-7211~4 / F. 66-2-254-7215 Thailand / Rayong Thai Woo Ree Engineering Co., Ltd. 23/3 Nongha Road, Tambon Huaypong, Amphur Muang Rayong, Rayong 21150, Thailand T. 66-38-606-234 / F. 66-38-606-164~5 MIDDLE EAST Kuwait / Mubarak Al-Kabeer SK E&C Kuwait Branch Bldg. #13, Street #12, Block #7, Abu Fatira, Mubarak Al-Kabeer, Kuwait T. 965-2543-4709 / F. 965-2543-4710 Kuwait / Fahaheel SBC General Trading & Construction Co., Ltd. Office No. C5, 3F, Ajial Mall, Fahaheel, Kuwait T. 965-2392-5934~5 / F. 965-2392-5936 Turkey / Istanbul Eurasia Tunnel Kisikli Cad. Tekin-Ak Is Merkezi No:3 K:1 D:534662 Altunizade, Istanbul, Turkey T. 90-216-474-0520~23 SK E&C Turkey Branch Dereboyu Cad. Meydan Sok. No. 1 Beybi Giz Plaza Kat 21, D. 7934398 Maslak, Istanbul, Turkey T. 90-212-290-26-60 Turkey / Cankaya / Ankara SK E&C Anadolu LLC. 718. Sokak 13/5, Yildizevler Mah. Yildiz, Cankaya/ Ankara, Turkey T. 90-312-442-3307 Qatar / Doha SK E&C Doha Branch Suite G-8, Al-Emadi Business Center, C-Ring Road, P.O. Box 24162, Doha, Qatar T. 974-4477-2664 / F. 974-4465-7200 Saudi Arabia / Jubail SK E&C Jubail Branch Office No. 14, Al Naba Commercial Complex, Beside Fanateer Mall Royal Commission, Jubail P.O. Box 10334, Jubail Industrial City 31961, Saudi Arabia T. 966-3-347-7023 / F. 966-3-347-5715 Saudi Arabia / Al-Khobar SK E&C SCADO Company 5F, Sadat Tower, Golden Belt Area, Khobar-Dammam Highway P.O. Box 2017, Al-Khobar 31952, Saudi Arabia T. 966-(0)3-887-2333 Ext. 608 / F. 966-(0)3-882-8029 Mexico / Mexico City SK E&C Mexico City Branch Paseo de la Reforma 404, Piso 3, Col. Juarez 06600 Mexico, D.F. T. 52-55-5241-1120 / F. 52-55-5525-7536 UAE / Abu Dhabi SK E&C Abu Dhabi Branch 5F, Unit 501-502, Dhafir Tower Building, Najda Street, P.O. Box 45828, Abu Dhabi, UAE T. 971-2-674-7227 / F. 971-2-674-7228 SK shipping UAE Shaw Emirates Pipes Manufacturing LLC. Industrial City of Abu Dhabi III, 29WR7, ICAD III, Abu Dhabi, UAE T. 971-50-44-33-515 NORTH AMERICA Canada / Calgary Sunlake No. 3211&3212, #3300, 205 5th Avenue S.W., AB T2P 2V7, Canada T. 1-587-779-2688 USA / California SK E&C BETEK Corp. 2 Park Plaza Suite 1250 Irvine, CA 92614, USA T. 1-949-336-5100 / F. 1-949-336-5107 USA / Houston SK E&C USA SK E&C, Houston, 1401 Enclave Parkway, Suite 100, Houston, TX 77077, USA T. 1-281-496-8330 SK E&C USA (Houston) 1401 Enclave Parkway, Suite 100, Houston, TX 77077, USA T. 1-281-258-2600 / F. 1-281-258-2860 N-Compass Development LLC. 1401 Enclave Parkway, Suite 100. Houston, TX 77077, USA T. 1-281-496-8505 SOUTH AMERICA Ecuador / Quito SK E&C Consultores Av. Naciones Unidas # 1014 y Av. Amazonas, Edificio La Previsora, Torre A, Piso 11, Oficina 1102, Ecuador T. 593-2-226-0500 / F. 593-2-245-7066 SK E&C Consultores Av. Amazonas #E13-131 y Pasage Guayas, Barrio Batan, Edificio Ruminahui Piso 11, Quito, Pichincha, Ecuador T. 593-2-245-7053 ASIA China / Shanghai HBNG Logistics Co., Ltd. #6-J, HongQiao Business Center, No. 2272 HongQiao Road, Shanghai 200336, China T. 86-21-6237-6379 / F. 86-21-6237-6957 Japan / Tokyo SK shipping Japan Co., Ltd. Tokyo Sakurada Bldg., 8F, 1-3, 1-Chome, Nishishimbashi, Minato-ku, Tokyo 105-0003, Japan T. 81-3-3591-7871 / F. 81-3-3591-7870 Philippines / Manila SK shipping Representative Office 4F, Magsaysay Bldg., 520 T.M. Kalaw Street Ermita(1000), Manila, Philippines T. 82-5-1605-0845, 63-2526-9386 Singapore / Singapore City SK B&T 9 Raffles Place #53-02 Republic Plaza, Singapore 048619 T. 65-6438-3539 / F. 65-6227-5117 SK shipping (Singapore) Pte., Ltd. 9 Raffles Place #53-03 Republic Plaza, Singapore 048619 T. 65-6227-5277 / F. 65-6227-5117 Taiwan / Kaohsiung SK B&T Kaohsiung Office 25F-9, No. 3, Tzuchiang 3rd, Lingya District, Kaohsiung City 802, Taiwan T. 866-7-566-5515 / F. 866-7-566-5525 EUROPE U.K / London SK shipping Europe Plc. 6F, Capital Tower, 91 Waterloo Road, London, SE1 8RT, United Kingdom T. 44-20-3170-0909 NORTH AMERICA USA / Houston SK shipping Houston Office 1401 Enclave Parkway Suite 100, Houston TX 77077, USA T. 1-281-474-1429 / F. 1-281-809-6210 61 Milestones SK - Profile Milestones SK started from a small textile company sixty-one years ago. Our dreams became a part of the vibrant history of South Korean industries and are accelerating our becoming a global leading player. While pursuing constant changes and innovation, based on our “Independent Yet United 3.0” management system, we are working towards accomplishing our mid- to long-term management goal of achieving KRW 300 trillion in enterprise value. 2000 2009 - - 2010 2013 Began the first commercial synchronous 3G (CDMA 1x EV-DO) service in the world SK added another world’s first service, following its world’s first CDMA2000 1x service in October 2000. Launched SK China SK launched SK China by integrating individual businesses that it has pursued in China on a group level. Launched “Independent Yet United 3.0” SK pursued balance in growth and stability through the autonomous management of its affiliates (Independent), and their voluntary participation in the SUPEX Council (Yet United), which is the supreme consultation body of the SK Group. 2002 1953 1979 1980 1989 1990 1999 - - - Established Sunkyong Textiles SK’s history began with the establishment of Sunkyong Textiles amidst the ruins of the Korean War. Acquired Korea Oil Corporation (Yukong) SK became South Korea’s fifth-largest business by acquiring Korea Oil Corporation (now SK innovation). Completed vertical integration from oil to textiles SK completed vertical integration from oil to textiles by building nine new factories in Ulsan Complex. 1953 1962 1980 1991 Exported textiles to Hong Kong, a first for South Korea SK enhanced South Korea’s position as a textile exporting country by becoming the first in the country to export rayon textiles to Hong Kong. 1985 1994 Established Yukong Gas SK expanded its energy business territory by establishing Yukong Gas (now SK gas) and commencing with the construction of an LPG storage terminal in Ulsan. 1969 1988 Participated in the management of Korea Mobile Telecom SK launched a full-scale entry into the cutting-edge IT industry by participating in the management of Korea Mobile Telecom (now SK telecom) as the largest shareholder. Completed a polyester factory and began production SK realized its long-cherished dream to produce filament yarn by establishing and operating Sunkyong Synthetic Textiles. Succeeded in developing an overseas oil field and producing crude oil SK was the first in the country to succeed in producing oil from the Marib oil field in Yemen. This allowed South Korea to become an oil producing country without any natural oil resources. 1996 1989 1998 Founded SUPEX System SK founded the SUPEX system with the goal of executing SKMS efficiently and growing into a top global company. Adopted a new corporate identity SK completed the change of its CI in line with the global era and transformed into the current “SK” company. 1978 Developed the nation’s first polyester film Sunkyong chemical (now SKC) succeeded in developing South Korea’s first polyester film. 1979 Founded SKMS SK laid the groundwork for its management by systemically establishing its unique SKMS management system. 62 Commercialized the world’s first CDMA mobile phone SK rose as a global CDMA leader as Korea Mobile Telecom (now SK telecom) and succeeded in commercializing the first CDMA mobile phone in the world. 2010 2014 2005 Adopted “Wings of Happiness” as the new CI SK adopted, “Wings of Happiness,” as its new CI. This embodies its management philosophy and desire to become a global company. 2007 Launched a holding company system SK enhanced its management efficiency and financial soundness by converting into an advanced holding company management system. 2011 Established SK innovation, SK energy, and SK global chemical SK provided foundations to strengthen its competitiveness in each business by renaming SK energy to SK innovation and by establishing SK energy, SK global chemical, and SK lubricants (2009) through a split-off. 2012 Launched SK hynix SK welcomed Hynix as its member to launch SK hynix. This allowed SK to construct a third growth axis, followed by energy and chemicals, and information and telecommunication. Exports reached USD 60 billion and accounted for 74% of the nations’ total exports SK’s total annual exports exceeded USD 60 billion, accounting for more than 10% of the nation’s total annual exports. SK innovation reorganized into a five subsidiary system SK innovation was reorganized from three subsidiaries into five through the launching of SK incheon petrochem and SK trading international. Reorganized business structure to focus on exports SK evolved into an exports-oriented company. Its exports exceeded domestic sales for the first time since its founding, based on the 2013 results of its 15 listed affiliates (excluding SK holdings). 2014 SK innovation secured right to operate a US oil producing field SK innovation signed a contract to secure the right for operating an oil producing field in the USA, making South Korea a “no-resources oil producing country.” SK telecom developed the world’s first 3band LTE-A technology SK telecom developed and succeeded in demonstrating world’s first 3band LTE-A technology, which is four times faster than the existing LTE technology. SK hynix developed world’s first and largest-capacity 128GB DDR4 module SK hynix was the first in the world to develop the 128GB module, the largest that was based on 20nm 8Gb DDR4. 63 LNG combined cycle power plant, Gwangyang, South Korea LNG combined cycle power plant, Oseong, South Korea Jurong Aromatics Complex (JAC), Singapore SK planet’s company building, Pangyo, South Korea Ulsan CLX of SK energy, South Korea Wuhan Naphtha Cracking Center (NCC) factory, China SK China, China Iberia North oil mining field, USA Sheraton Grande Walkerhill, Seoul, South Korea Turkey-Eurasia undersea tunnel, Turkey SK - Profile SK’s “Independent Yet United” management system has been a road that no one has ever travelled. We have demonstrated collective intelligence that is led by the committees and autonomous responsibilities of our affiliates with “One Mind and One Spirit” philosophy. Soon, we will have the confidence that this is the road to follow in order to move ahead of our competitors and lead the way. We have implemented changes and innovation in the areas of energy, chemicals, cutting-edge information and telecommunication, semiconductors, marketing, and services, based on our “Independent Yet United 3.0” management system. Please continue to follow us, as we move toward our goal to achieve KRW 300 trillion in enterprise value and build a society where we grow and share together. 66