Hyosung Pivots to AI Infrastructure as Power Equipment Sales Surge

Hyosung Heavy Industries has emerged as the group's primary growth engine, reporting KRW 3.0451 trillion in first-half sales and KRW 416.6 billion in operating profit. New orders reaching KRW 7.4981 trillion signal strong demand, fueled by a strategic expansion of localized production in the United States. To meet this trajectory, the company is increasing ultra-high voltage transformer capacity at its Memphis facility by 50% by 2028, bolstered by a joint venture with Quanta Services for circuit breaker production.

Simultaneously, the group is stabilizing its legacy sectors through high-value product shifts. Hyosung TNC posted KRW 275 billion in first-half operating profit, bolstered by a resilient spandex market and a pivot toward bio-based materials like sugarcane-derived BDO. Hyosung Chemical also reported a turnaround, achieving KRW 171 billion in operating profit for the same period. Chairman Cho intends to integrate these diverse capabilities—ranging from energy solutions and construction to cloud operations—into a cohesive infrastructure play for AI data centers. To support this, the group is actively recruiting humanities-focused talent, aiming to combine technical prowess with the market insight necessary to navigate shifting global demands.