
AI-generated summary
HD Hyundai Electric has technology in the fields of power equipment and distribution systems, and LG CNS has capabilities in data center design, construction, operation, and smart factory solutions. Through this collaboration, the two companies plan to explore new business models by combining the strengths of each field.
HD Hyundai Electric announced on the 16th that it signed a 'mutual cooperation business agreement to build data center power infrastructure and smart factory' with LG CNS.
The plan is to discover new business opportunities by combining HD Hyundai Electric's power equipment and distribution system technology with LG CNS's data center design, construction, and operation capabilities.
In the artificial intelligence (AI) data center field, we plan to establish a system to supply HD Hyundai Electric's power and distribution equipment in package form and initiate joint business proposals and marketing targeting domestic and overseas power infrastructure markets.
We are also exploring ways to streamline data center power operation by combining LG CNS technology with HD Hyundai Electric's power monitoring platform.
In the smart manufacturing field, LG CNS receives HD Hyundai Electric field data and applies it to manufacturing AI technology, logistics automation system, and process automation.
Through this, we plan to increase the automation rate of HD Hyundai Electric Cheongju Distribution Campus and advance smart factory capabilities. We are also pursuing measures to standardize the operation level of global production bases.
Kim Young-gi, CEO of HD Hyundai Electric, said, "Through cooperation with LG CNS, we will increase the operational efficiency of data center power infrastructure and expand business cooperation to secure future growth engines."
Shin-kyun Hyun, CEO of LG CNS, said, "We will support digital transformation at manufacturing sites and expand the scope of cooperation between the two companies to create business opportunities together in the global market."
AI outlook — possibilities, not facts
Joint business proposals in the field of AI data center power infrastructure will be materialized through cooperation between HD Hyundai Electric and LG CNS.
Likely · Within months
The automation rate of the Cheongju distribution campus will increase and smart factory capabilities will be advanced.
Very likely · Within months

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