AI · SEMICONDUCTOR · FACT CHECK
SKD WIREMostly True
Korean AI data center (AIDC) capacity is being claimed as effectively sold out through 2029, while KT Cloud and Naver move to expand their AI data center operations to meet surging demand for AI computing infrastructure.
The claim that data center capacity is "sold out by 2029" reflects growing pressure on Korea's AIDC market, where demand for GPU-ready facilities has outpaced available supply. The claim applies to AI-oriented data centers rather than all data center capacity, and the extent to which capacity is fully booked through 2029 remains unconfirmed in detail.
KT Cloud and Naver are both pursuing AIDC expansion. Naver's corporate materials reference its joint AI data center efforts, including its partnership with Jenison Hwang, as part of its infrastructure push. KT Cloud is similarly positioned as a key player in supplying cloud and AI computing capacity domestically.
If the reported sellout holds, Korean enterprises seeking domestic AIDC capacity may face limited availability in the near term, increasing the importance of expansions by KT Cloud, Naver and other providers.
Overall, the core claim of tightening AIDC supply and the expansion efforts by KT Cloud and Naver is supported, though the precise timeline of a complete sellout through 2029 is not fully established — making the claim Mostly True.