South Korean firm Hyosung Heavy Industries has entered into a global strategic partnership with German industrial giant Siemens. The agreement, formalized on Friday, focuses on the joint development of digital power grid infrastructure and specialized solutions for artificial intelligence-driven data centers. Key executives from both organizations, including Hyosung CEO Woo Tae-hee and Siemens Korea CEO Chung Ha-joong, attended the signing ceremony alongside government officials from South Korea and Germany. The collaboration aims to leverage the technical expertise of both companies to advance digital asset management and related technological frameworks, marking a significant step in their shared efforts to modernize power infrastructure and support the growing demands of the AI sector.
Source : The Korea Herald
Photo : The Korea Herald
