Hyosung Heavy Industries, Germany's Siemens to Collaborate on Digital Power and Data Center Solutions
Global Strategic Partnership Agreement Signed
Cooperation from Integrated Diagnostics of Ultra-High- to Low-Voltage Equipment
to Digital Substations and AIDC
Hyosung Heavy Industries is joining forces with Germany's Siemens to gain an early lead in next-generation digital power grids and artificial intelligence data center (AIDC) solutions.
Hyosung Heavy Industries said on October 30 that it had signed a Global Strategic Partnership Agreement (GSPA) with Siemens to collaborate on digital power infrastructure and data center solutions.
Hyosung Heavy Industries officials pose for a commemorative photo after signing a global strategic partnership agreement with Germany's Siemens. From left: Jung Hajung, CEO of Siemens Korea; Stefan Rouenhoff, Parliamentary State Secretary at Germany's Federal Ministry for Economic Affairs and Energy; Kim Jeongkwan, Minister of Trade, Industry and Energy; and Woo Tahee, CEO of Hyosung Heavy Industries. Hyosung
View original imageUnder the agreement, the two companies will pursue medium- to long-term cooperation in digital asset management technology, digital substation solutions, and integrated data center power solutions. The goal is to enhance their competitiveness in global markets by combining Hyosung Heavy Industries' power equipment and engineering capabilities with Siemens' technologies for digitizing power infrastructure and managing energy.
In digital power infrastructure, the companies will build an integrated diagnostic system that brings together equipment ranging from ultra-high-voltage to medium- and low-voltage systems, helping prevent power equipment failures and improve operational efficiency. To this end, they will integrate Hyosung Heavy Industries' ARMOUR+, which uses AI to predict signs of anomalies and estimate the service life of large power facilities such as substations, with Siemens' Electrification X, which uses the cloud to control power flows across medium- and low-voltage distribution networks in factories and buildings.
The companies will also collaborate on digital substations. Digital substations can significantly reduce the space required for equipment and increase the level of unmanned and automated operations, making them a rapidly growing area of adoption, particularly in European and Middle Eastern markets. The two companies plan to connect Hyosung Heavy Industries' power measurement sensors with Siemens' digital signal conversion devices to meet customers' diverse specifications.
They will also collaborate on technologies to improve data center operational efficiency. The companies plan to work together on AI data center solutions that combine Hyosung Heavy Industries' next-generation power conversion equipment, the solid-state transformer (SST), with Siemens' energy management system (EMS).
Woo Taehee, CEO of Hyosung Heavy Industries, said, "By combining our core technologies, we will move beyond supplying power equipment and become a global total solutions partner spanning digital power grids and the full scope of AI data center operations."
Jung Hajung, CEO of Siemens Korea, said, "By combining Hyosung Heavy Industries' power infrastructure capabilities with Siemens' digital technologies, we will enhance customer value in digital power infrastructure and data centers and create new growth opportunities together."
Hot Picks Today
"Two Spend 500,000 Won in a Flash, Yet Wait Two Hours?" ... 'Dreamland' Shunned by Kids and Foreign Tourists
- The Era of Getting 200 Million Won After 30 Years Is Over... A Japanese Bank's "Perpetual Department Head" Who Just Clocked In Cries Out
- Spain Hit by Its Worst Tragedy... Lee Kangin, Moreno and Real Madrid Join Soccer World in Mourning
- They Said, “Make It Your Home for Life” - Then Suddenly Kicked 200 Passengers Off... What Happened to the Around-the-World Cruise?
- "130 Rice Bowls Sold Out in a Day"... 'Unfiltered Face' Adds 8 Million Won to Night Market Sales: China's Bungeunwoo
The signing ceremony also drew attention with the attendance of Kim Jeongkwan, Minister of Trade, Industry and Energy, and Stefan Rouenhoff, Parliamentary State Secretary at Germany's Federal Ministry for Economic Affairs and Energy.
© The Asia Business Daily. All rights reserved. Unauthorized AI training and use prohibited.