Hyosung Heavy Industries secures $277 mil. in US Big Tech orders amid AI data center boom
Hyosung Heavy Industries has secured 386.5 billion won ($277 million) worth of ultra-high-voltage transformer orders from two major U.S. Big Tech companies this month, strengthening its position as a key power infrastructure supplier amid the rapid expansion of artificial intelligence (AI) data centers. The company said Tuesday that the transformers will be installed at newly built AI data…
Hyosung Heavy Industries has secured $277 million in orders for ultra-high-voltage transformers from two major U.S. Big Tech companies, according to The Korea Times. The equipment, valued at 386.5 billion won ($277 million), includes 220 billion won worth of 765-kilovolt transformers and 166.5 billion won worth of 345-kilovolt transformers.
These transformers will be installed at AI data centers in the northern and southern United States, reflecting the rapid expansion of AI data centers. This significant deal underscores Hyosung's efforts to establish a local production and solutions network in the U.S., with Chairman Cho Hyun-joon aiming to make the company one of the world's top three power equipment companies within five years.
Brief written by urgent.news from The Korea Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
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