[SK 리밸런싱 그 후] 최태원 승부수의 역설? 번 돈은 전부 '반도체'

SK Group's 2025 financial improvement is concentrated in its semiconductor division, driven by SK Hynix's AI memory success, while non-semiconductor businesses remain unprofitable and heavily burdened with debt. This concentration risk exposes a fundamental weakness in the group's restructuring strategy, making future performance vulnerable to semiconductor market cyclicality.