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| HD Hyundai Electric CEO Kim Young-ki (right) and LG CNS CEO Hyun Shin-gyun pose for a commemorative photo after signing a memorandum of understanding for mutual cooperation in building data center power infrastructure and smart factories at the HD Hyundai Global R&D Center on the 15th. / HD Hyundai Electric |
HD Hyundai Electric is joining forces with LG CNS to expand its AI data center power infrastructure business. The company plans to pursue joint order acquisitions by combining its power equipment supply with LG CNS's data center construction and operation technology, while introducing AI to manufacturing sites to enhance production efficiency.
According to HD Hyundai Electric on the 16th, the two companies signed a memorandum of understanding (MOU) for mutual cooperation in establishing data center power infrastructure and smart factories at the HD Hyundai Global R&D Center in Seongnam, Gyeonggi Province, the previous day. The signing ceremony was attended by HD Hyundai Electric CEO Kim Young-ki and LG CNS CEO Hyun Shin-gyun, among others.
The two companies will establish a system to supply power and distribution equipment needed for AI data centers in package form, pursuing joint business proposals and marketing across domestic and global markets. They are also reviewing ways to enhance power operation efficiency by combining LG CNS's AI, cloud, and data technologies with HD Hyundai Electric's power monitoring platform.
In manufacturing, the companies will pursue production and logistics automation at HD Hyundai Electric's Cheongju Distribution Campus. LG CNS plans to leverage shop-floor manufacturing data to build process automation and integrated facility monitoring systems, expanding the verified smart manufacturing model to overseas production hubs, including the U.S.
Kim Young-ki, CEO of HD Hyundai Electric, said, "This agreement will serve as an opportunity to create new business opportunities by combining power infrastructure and digital technology," adding, "We will enhance the operational efficiency of data center power infrastructure and expand business cooperation to secure future growth engines."
Hyun Shin-gyun, CEO of LG CNS, stated, "Based on AI, cloud, and data technologies, we will support the digital transformation of manufacturing sites and create business opportunities together in the global market."
Lee Seo-yeon
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