{
  "id": 7451484,
  "title": "Hyosung Heavy secures $286.7 mil. in deals from US big tech firms amid chairman's AI push",
  "url": "https://urgent.news/2026/09/15/hyosung-heavy-secures-286-7-mil-in-deals-from-us-big-tech-firms-amid",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-15T02:47:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times",
    "url": "https://www.koreatimes.co.kr/business/companies/20260915/hyosung-heavy-secures-2867-mil-in-deals-from-us-big-tech-firms-amid-chairmans-ai-push"
  },
  "original_language": "en",
  "account": null,
  "summary": "Hyosung Heavy Industries Co. has secured $286.7 million in power transformer deals with two U.S. technology firms, as the company's chairman, Cho Hyun-joon, intensifies the group's push into artificial intelligence (AI) infrastructure. The Korean company will supply 765-kilovolt ultra-high-voltage transformers worth 220 billion won for an AI data center in the southern United States, and 345-kV transformers worth 166.5 billion won for another facility in the northern part of the country. These contracts come as Hyosung Group expands its power equipment business amid surging U.S. electricity demand driven by the rapid growth of AI data centers. Cho Hyun-joon stated that Hyosung aims to become one of the world's top three players within five years by providing integrated power solutions ranging from transformers and circuit breakers to power stabilization systems, including high-voltage direct current (HVDC).",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Korea Times",
        "title": "Hyosung Heavy secures $286.7 mil. in deals from US big tech firms amid chairman's AI push",
        "url": "https://urgent.news/2026/09/15/hyosung-heavy-secures-286-7-mil-in-deals-from-us-big-tech-firms-amid-7453539",
        "published": "2026-09-15T02:57:03.000Z"
      }
    ]
  },
  "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."
}