HD Hyundai Electric Accelerates Expansion into the North American Low- and Medium-Voltage Circuit Breaker Market with UL Certification
* Secures UL and cUL certifications for four types of low- and medium-voltage circuit breakers, reinforcing competitiveness inNorth America * Global low- and medium-voltage circuit breaker market projected to reach USD 29.2 billion by 2034, growing at a CAGR of 8.8% * "The company plans to e...
HD Hyundai Executive Vice Chairman Chung Kisun Meets TerraPower, including Chairman Bill Gates, to Discuss Nuclear Supply Chain Cooperation
* Company leaders reunited in Seoul five months after their March meeting in the U.S.; reviewed supply chain expansion and commercialization progress * HD Hyundai to supply reactor vessels, a key component of Natrium® reactors which are recognized forits superior safety and technological matur...
HD Hyundai to Spearhead Korea-U.S. Shipbuilding and Maritime Alliance
* Hosted the Korea–U.S. Shipbuilding Leaders Forum to lay the groundwork for a strategic shipbuilding and maritime alliance * Private-public sector initiatives for Korea-U.S. shipbuilding collaboration take shape—second forum scheduled in the U.S. this October * "In awe of the remarkable cap...
HD Hyundai Executive Vice Chairman Chung Kisun meets with Palantir CEO Alex Karp to discuss 'AI Shipyard'
SEOUL, South Korea, March 9, 2025 /PRNewswire/ -- HD Hyundai Executive Vice
ChairmanChung Kisun met with Palantir Technologies Inc. CEO Alex Karp to
discuss the project on building AI shipyards.
Vice Chairman Chung Kisun of HD Hyundai: Driving Shipbuilding's Future with AI and Digital Tech
* Strengthening cooperation with global tech companies, including Palantir Technologies Inc. and Siemens * Building the Future of Shipyard (FOS) by 2030 which aims to minimize human intervention SEOUL, South Korea, Feb. 27, 2025 /PRNewswire/ -- "We are drawing on the latest innovation in AI (...
HD Korea Shipbuilding & Offshore Engineering Leads the Zero-Carbon Era with 'SMR-Powered Ship'
- Received Approval in Principle (AIP) from the American Bureau of Shipping (ABS) for nuclear-powered container ship - Unveiled model at U.S. New Nuclear for Maritime Summit - showcasing economic efficiency, performance, and safety - "Developing a business model by 2030 to accelerate the commerc...
HD Hyundai Executive Vice Chairman Chung Kisun Discusses 'Multi-Fuel Future' with Global Leaders in Davos
- Attending the World Economic Forum Annual Meeting 2025 for the third consecutive year - Participating in the Oil & Gas Governors session and other discussions, focusing on energy transition and transportation cooperation - Introducing an Intelligent Future Shipyard with AI integration in coll...
HD Hyundai Teams Up with TerraPower to Develop Core Equipment for SMRs
* TerraPower to complete a 4th-generation Sodium Fast Reactor(SFR) in Wyoming, USA, by 2030 * HD Hyundai to manufacture reactor vessels for SFRs, leveraging expertise from participation in the ITER project * SFR, a type of SMR known for its enhanced safety and reduced nuclear waste issues, ...
HD Hyundai Heavy Industries Develops Eco-Friendly Ammonia Duel-fuel Engine
* World's first high-pressure ammonia direct injection engine receives model-based class approval from seven major classification societies * Suitable for marine power generation and propulsion, and land-based power generation, ready to be soonly commercialized for the market * "We aim to en...
HD Hyundai to Showcase Eco-Friendly Future Technologies at Gastech in the U.S.
* HD Hyundai will participate in Gastech 2024 in Houston, September 17-20 * 16 certification acquisitions and MOU signings expected, highlighting the company's leadership in digital transformation and decarbonization technologies * "HD Hyundai, a leader in eco-friendly ship technology, is set...
Smart Construction Future: HD Hyundai Collaborates with AWS to Pioneer Unmanned Autonomous Sites
LAS VEGAS, Jan. 12, 2024 /PRNewswire/ -- HD Hyundai, a global leader in heavy
industries, is teaming up withAmazon Web Services (AWS) to lead the innovation
of future unmanned and autonomous construction sites. This collaboration was
announced at Consumer Electronics Show (CES) 2024.
HD Hyundai Teams Up with Google Cloud to Accelerate AI Innovation
SEOUL, South Korea, Dec. 25, 2023 /PRNewswire/ -- HD Hyundai
HD Hyundai Records 30.8953 trillion won Revenue and 1.006 trillion won Operating Profit in H1
* Q2 revenue reached 15.6213 trillion won and operating profit 472.6 billion won * Shipbuilding, construction equipment and electric power device units achieving solid earnings * HD Korea Shipbuilding & Offshore Engineering's revenue at 5.4536 trillion won, up 30.2% YoY * H2 earnings expe...
Korea Shipbuilding & Offshore Engineering to Develop Fuel Cell System with European Research Institute and Stack Manufacturer Partner
* Korea Shipbuilding & Offshore Engineering (KSOE) signs an MOU with Fraunhofer IKTS ofGermany and fuel cell component manufacturer Elcogen, based in Estonia and Finland * MOU lays out a plan to develop a prototype of large-capacity solid oxide fuel cell systems * KSOE aims to acquire fuel c...
Korea Shipbuilding & Offshore Engineering Sets to Usher in the Era of Unmanned Ships
* Korea Shipbuilding & Offshore Engineering (KSOE) aims to demonstrate machinery and safety system automation as the next step to successful autonomous transoceanic voyage * After completion of demonstration in 2024, the company plans to employ unmanned ship technologies for the first time in...
HD Hyundai Announces a New "Ocean Transformation" Vision
Capitalizing the Ocean's Potential to Realize a Sustainable Future * Kisun Chung, CEO of HD Hyundai announces core vision to drive "Ocean Transformation" * HD Hyundai aims to pioneer the ocean's infinite potential, expand human territory and lead sustainable growth * Top executives of partn...
