HD Hyundai Electric Archives

Korean Power Equipment Manufacturers Expand U.S. Presence Amid AI-Driven Grid Modernization

SEOUL, Jan. 21 (Korea Bizwire) — Korean manufacturers of power equipment and electrical cables are strengthening their foothold in the United States as demand surges for grid infrastructure upgrades, driven by artificial intelligence and data center expansion. HD Hyundai Electric announced on January 20 its plans to invest 185 billion won to construct a second manufacturing [...]

HD Hyundai Electric Wins Orders for Power Transformers

SEOUL, June 27 (Korea Bizwire) — South Korean electrical equipment maker HD Hyundai Electric & Energy Systems Co. said Tuesday it has clinched two orders to supply eco-friendly power transformers and other equipment from the United States and Denmark. HD Hyundai Electric said that its U.S. subsidiary, Hyundai Electric America Corp., had signed a 213.6 [...]