President Lee Jae Myung, far left, attends a presentation about a ship welding robot at Samsung Heavy Industries' exhibition booth following a conference on the future vision of Korean shipbuilding held at a hotel in Ulsan on May 13.
HD Hyundai Electric won a $120 million contract to supply 765 kilovolt ultra-high-voltage transformers and reactors to a major utility company in the U.S. Midwest.
HD Hyundai Electric said Sunday it has successfully completed final qualification testing of an environmentally friendly high-voltage circuit breaker slated for export to Sweden.
Korea's heavy industries are slowly wading into the business of building AI data centers by repurposing factory sites and core technologies to meet surging demand for their power-hungry infrastructure.
HD Hyundai has partnered with the U.S. defense technology firm Anduril to jointly develop advanced unmanned underwater vehicle systems, expanding a collaboration that previously focused on unmanned surface vehicles.
HD Hyundai Heavy Industries, Korea's leading shipbuilder, said Wednesday it has secured a 627 billion won ($424 million) contract to supply power generation equipment to a U.S. energy infrastructure company.
HD Hyundai plans to build a shipyard in India as the largest shareholder in a new joint venture with Indian maritime partners, marking the company's push into a major new market.
An oil tanker is expected to arrive in Korea early next month after passing through the Strait of Hormuz, marking the first shipment to the country by an oil tanker passing through Hormuz since the outbreak of the Iran war.
HD Hyundai Heavy Industries, Korea's leading shipbuilder, said on Friday that it has secured a 674.7 billion won ($460 million) contract to build four gas carriers for a Middle East-based client.
HD Hyundai Electric has completed the country’s largest-capacity transformer that uses environmentally friendly insulating oil — a unit destined for export to Britain.
Korea JoongAng Daily Sitemap
