Cho Hyun-joon positions Hyosung Heavy Industries for US power boom

Hyosung Heavy Industries is strengthening its foothold in the U.S. power infrastructure market as soaring electricity demand from artificial intelligence (AI) data centers and efforts to replace aging power grids drive a rapid expansion of the country's power infrastructure. The company said Tuesday that its localization strategy, spearheaded by Hyosung Group Chairman Cho Hyun-joon, is beginning to bear fruit as demand rises for ultra-high-voltage power equipment in the United States. Cho anticipated the growing importance of power infrastructure amid the rapid development of AI and has called on Hyosung Heavy Industries to become a "game changer" in the power infrastructure market driving the transformation of global industries. The United States is expanding its 765-kilovolt (kV) ultra-high-voltage transmission network to accommodate rising electricity demand, including from AI data centers. Such networks enable the long-distance transmission of large amounts of electricity with lower losses. Hyosung Heavy Industries currently accounts for nearly half of the U.S. market for 765kV ultra