[Insight] The Winner Behind the GPU: Hyosung Heavy Industries Moves First on AI Power Grids
As competition in artificial intelligence data centers spreads from semiconductor procurement to power-grid construction, the growth trajectory of Hyosung Heavy Industries is becoming increasingly clear. Governments and utilities are simultaneously replacing aging transmission systems, connecting re
Hyosung Heavy Industries is making significant strides in the AI power grid market as governments and utilities invest in upgrading aging transmission systems, connecting renewable energy sources, and securing electricity for data centers. The company reported a 10.6 percent increase in consolidated revenue and a 60.9 percent rise in operating profit for the second quarter of 2026, with new orders in the heavy industries division reaching KRW 3.324 trillion, a 51 percent increase from the previous year.
The growing demand for power equipment in North America, driven by AI data-center construction, manufacturing reshoring, renewable-energy integration, and grid infrastructure replacement, has positioned Hyosung Heavy Industries as an export-driven supplier tied to long-term North American grid investment. The acquisition of the Memphis plant in Tennessee, which is capable of designing and manufacturing 765-kilovolt ultra-high-voltage transformers, further strengthens the company's position in the market.
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