Early Life
Chey Tae-won was born on December 3, 1960, in Suwon, Gyeonggi Province, South Korea. He is the eldest son of Chey Jong-hyun, who was the chairman of Sunkyung Group, now known as SK Group. Chey earned a bachelor's degree in physics from Korea University. He also pursued advanced studies in economics at the University of Chicago.
Rise to Success
Chey began his career at SK Group in 1991, holding positions such as Managing Director at Yukong Ltd. He later served as Director at SK America and the Sunkyong Group Management Planning Office. In 1998, after the death of his father, Chey became chairman of SK Group at the age of 38. Under his leadership, SK Group has expanded significantly, notably with the acquisition of Hynix Semiconductor (now SK Hynix).
Key Business Strategies
Chey has spearheaded strategic expansions into the semiconductor and technology sectors. A key move was the acquisition of Hynix Semiconductor, now a major player in the global memory chip market. He has also invested heavily in future-oriented technologies. He is currently the chairman of SK Group, and has been Chairman of the Korea Chamber of Commerce and Industry (KCCI) since March 2021.
Philanthropy
Chey Tae-won has been involved in various philanthropic initiatives, supporting cultural programs and social responsibility efforts.