Equinix announces new data centre to launch in Korea in 2024

The newly announced data centre site in South Korea is set to launch in Q1 2024
Equinix expands its global presence with a new data centre in South Korea launching at the start of 2024 to enhance digital transformation in the region

Global data centre company Equinix has announced that it is launching a new hyperscale data centre site in Korea in Q1 2024. 

The global colocation leader is keen to offer more retail colo space in the upcoming data centre that will be based in Seoul, South Korea. The facility, a new International Business Exchange (IBX) retail facility, will be housed inside the upcoming xScale hyperscale data centre SL2x and will provide capacity for 475 cabinets.

Having been in operation for 25 years, Equinix has continually expanded as a business and has amped up its progress throughout 2023, having become one of the largest data centre providers in Europe with 248 data centres in 31 countries across five continents. 

Supporting the digital ecosystem in South Korea

According to Data Centre Dynamics, Equinix’s revenue in Q3 2023 increased 12% year on year (YoY) to a total of US$2.6bn, with the company having signed more than 4,200 deals in that quarter alone. 

This newly announced data centre site in South Korea is set to launch in Q1 2024. Given that more businesses are now requiring hybrid multi-cloud sites, it is the hope that this new facility will offer solutions for increasing amounts of AI hardware with power, specialised cooling abilities and networking. 

Equinix SL4 will be connected to Equinix’s first IBX data centre in Seoul, SL1 through a low-latency dark fibre, in addition to SL4 being housed inside the xScale data centre. 

The launch is also aiming to give businesses in Korea access to more companies, cloud services, interconnected data and AI partnerships via Platform Equinix. Customers will also have the opportunity to interconnect with internet exchanges such as Korea Internet Neutral Exchange (KINX) and Sejong Telecom’s Korea Internet Exchange.

“Equinix has and will continue to support our customers in Korea with an interconnected digital ecosystem and robust digital infrastructure,” says Hye-deok Jang, CEO of Equinix Korea. “As Equinix expands its digital platform through the opening of SL4, companies will be able to leverage advanced AI infrastructure and technologies within the ecosystem.”

According to the company’s 2023 Global Tech Trends Survey, nearly three-quarters of IT leaders in Korea believe that their existing infrastructure is not prepared for the increased presence and demands of AI technology.

Equinix ultimately recognises the importance of utilising AI technology ethically and ensuring that it delivers positive outcomes for users.

The survey also found that 85% of business decision-makers are looking to increasingly adopt AI. They are either already using it, or have plans to implement it across their operations. However, Equinix is very clear that, in order to realise the full potential of AI, optimising algorithms for trust, accuracy, and accountability is crucial. 

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