{
  "id": 6251551,
  "title": "Hyosung eyes US AI power market with next-gen solid-state transformer",
  "url": "https://urgent.news/2026/09/08/hyosung-eyes-us-ai-power-market-with-next-gen-solid-state-transformer-6251551",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-08T07:42:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/business/companies/20260908/hyosung-eyes-us-ai-power-market-with-next-gen-solid-state-transformer"
  },
  "original_language": "en",
  "account": "Hyosung Heavy Industries is making strides to enter the rapidly expanding U.S. power infrastructure market, as electricity demand surges from artificial intelligence (AI) data centers and aging grid facilities require modernization. The company, under the leadership of Hyosung Group Chairman Cho Hyun-joon, aims to boost its standing in the U.S. market by combining cutting-edge power grid technologies with increased local production and its current range of high-voltage power equipment.\n\nIn a recent development, Hyosung announced the creation of the world's first 22.9-kilovolt (kV), 1.05-megavolt-ampere-class solid-state transformer (SST) in 2022. This innovative technology allows for direct connection to urban distribution networks and provides precise control over voltage and current through the use of power semiconductors. The SST maintains the insulation functions of traditional transformers, making it a crucial addition to the company's offerings.\n\nThe potential applications of this technology are particularly significant in meeting the power needs of AI and data centers, where a reliable and efficient electricity supply is increasingly important.",
  "summary": "Hyosung Heavy Industries is stepping up efforts to tap the rapidly growing U.S. power infrastructure market, driven by surging electricity demand from artificial intelligence (AI) data centers and the need to replace aging grid facilities. The company, led by Hyosung Group Chairman Cho Hyun-joon, is seeking to strengthen its position in the U.S. market by combining next-generation power grid…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Korea Times",
        "title": "Hyosung eyes US AI power market with next-gen solid-state transformer",
        "url": "https://urgent.news/2026/09/08/hyosung-eyes-us-ai-power-market-with-next-gen-solid-state-transformer",
        "published": "2026-09-08T07:27:02.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}