Faster global financial news!
South Korea's Hyosung Heavy Industries is producing high-voltage circuit breakers in Pennsylvania, US, through a joint venture to meet the power demands of AI and data centers.
Hyosung HICO, the U.S. subsidiary of Hyosung Heavy Industries, signed an agreement in June with a subsidiary of energy infrastructure company Quanta Services to form a joint venture, Hyosung HICO Breaker, which is expected to begin producing high-voltage circuit breakers. This move aims to expand its manufacturing operations in the U.S. to meet the surging power demands from AI and data centers, driving investment in the U.S. power grid.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Source：Korea Herald商业 · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
The U.S. House of Representatives is in recess, and AI regulatory legislation will be postponed until after the midterm elections.
-
2
Bitcoin corporate treasuries bought just 5.9K BTC in three months as holdings remained at unrealized loss
-
3
Court documents reveal: OpenAI and Microsoft executives admit AI poses a substantial threat to journalism, with a Microsoft executive calling it potentially "the largest theft of labor in human history."
-
4
S&P 500 could still advance after a Fed hike, according to a Jefferies strategist
-
5
Microsoft AI Head Warns: Uncontrolled AI Could Lead to "Silicon Species" Competing with Humans, Criticizes Anthropic's Approach to AI
-
6
Japan's central bank interest rate hike probability for Sept. 17-18 meeting surges to nearly 100% after U.S. Treasury's July 31 yen intervention
-
7
U.S. equity futures rose, with Nasdaq 100 futures up nearly 1%, and the 10-year U.S. Treasury yield falling below 5%.
-
8
Lula, Bolsonaro Tied as Bank Scandal Weighs on Both Campaigns
-
9
UK FCA opens investigation into Euro Exchange Securities UK Ltd over alleged money laundering and terrorist financing offences
-
10
The New York Times reported that OpenAI employees were aware that AI posed an "existential threat" to publishers.
Markets Today
Recommended Reading
Hot Topics
Svmuu focuses on blockchain industry trends and cutting-edge cryptocurrency news, while also covering real-time market data and in-depth analysis of the Hong Kong, U.S., and foreign exchange markets. Here, you can not only access professional 24/7 news updates and accurate market data, but also utilize practical investment tools to help you capitalize on opportunities in both digital assets and traditional financial markets. Whether you are a blockchain enthusiast or an investor in Hong Kong, U.S., or foreign exchange markets, we provide efficient and timely information services to empower your investment decisions.
- User Agreement
- Privacy Policy
- Contact Us
- Business Partnerships
- Disclaimer
- Content Statement
- About Us
- Sitemap
Coming Soon!
