HD HYUNDAI


Associated tags: Hyundai, HD Hyundai, HD, CES, Safety, AI, Other Construction & Property, Construction & Property, Manufacturing, Other Technology

Locations: VIRGINIA, CANADA, SOUTH KOREA, FRANCE, SEOUL

HD Hyundai Infracore Unveils DEVELON at INTERMAT Paris 2024, Driving the Future of Construction in Europe

Retrieved on: 
Wednesday, April 24, 2024

SEOUL, South Korea, April 24, 2024 /PRNewswire/ -- HD Hyundai Infracore, a subsidiary of HD Hyundai's construction equipment business, will showcase its latest advancements under the new brand, DEVELON, at INTERMAT Paris 2024 from April 24th to 27th at Paris-Nord Villepinte, France.

Key Points: 
  • SEOUL, South Korea, April 24, 2024 /PRNewswire/ -- HD Hyundai Infracore, a subsidiary of HD Hyundai's construction equipment business, will showcase its latest advancements under the new brand, DEVELON, at INTERMAT Paris 2024 from April 24th to 27th at Paris-Nord Villepinte, France.
  • DEVELON's autonomous solution, named 'Concept-X 2.0', will make its European debut, offering a preview of future construction site operations.
  • A representative of HD Hyundai Infracore commented, "INTERMAT Paris 2024 will be an opportunity to introduce DEVELON's next generation technologies and products that are targeted towards the European market.
  • Witness DEVELON's autonomous solution firsthand at the HD Hyundai Infracore booth at INTERMAT Paris 2024.

Smart Construction Future: HD Hyundai Collaborates with AWS to Pioneer Unmanned Autonomous Sites

Retrieved on: 
Friday, January 12, 2024

HD Hyundai XiteSolution will collaborate with AWS to build a connectivity platform for HD Hyundai XiteSolution's smart construction equipment.

Key Points: 
  • HD Hyundai XiteSolution will collaborate with AWS to build a connectivity platform for HD Hyundai XiteSolution's smart construction equipment.
  • HD Hyundai anticipates a substantial productivity surge of 30-70% in construction site and improved safety by transitioning towards unmanned operations.
  • This solution will drive forward a suite of advanced features focused on boosting reliability, efficiency, and safety in HD Hyundai's next-generation integrated construction models developed by HD Hyundai Construction Equipment and HD Hyundai Infracore, which are set to launch in 2025.
  • Additionally, HD Hyundai will use AWS to further refine X-Wise Xite, an AI-powered construction site management solution showcased at CES 2024.

HD Hyundai Vice Chairman Kisun Chung Shares Xite Innovation Vision at CES 2024

Retrieved on: 
Wednesday, January 10, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240110333417/en/
    HD Hyundai Vice Chairman Kisun Chung presented an infrastructure innovation for human sustainability, vision of Xite Transformation at keynote of CES 2024 in Las Vegas, USA on the 10th (local time).
  • (Photo: Business Wire)
    HD Hyundai Vice Chairman and CEO Kisun Chung presented “Xite Transformation,” the vision that transcends the limitations of time and space and will become a solution to create a more sustainable future for humanity.
  • Followed by Chung’s opening speech, partnering companies specified how they plan to collaborate with HD Hyundai to actualize Xite Transformation.
  • Xite Transformation — Kisun Chung, HD Hyundai Vice Chairman and CEO
    Since we first attended CES two years ago, we’ve been sharing developments on our Future Builder vision.

HD Hyundai to Showcase Xite Innovation Beyond Time and Space at CES 2024

Retrieved on: 
Tuesday, January 9, 2024

HD Hyundai will showcase its technological innovation for future infrastructure construction that goes beyond time and space at CES 2024.

Key Points: 
  • HD Hyundai will showcase its technological innovation for future infrastructure construction that goes beyond time and space at CES 2024.
  • View the full release here: https://www.businesswire.com/news/home/20240108698311/en/
    The HD Hyundai exhibit at CES 2024 in Las Vegas, Nevada.
  • The booth will highlight three main zones: Future Xite, Twin Xite and Zero Xite.
  • An HD Hyundai expert will perform a remote control demonstration of a wheel loader located in Atlanta — nearly 2,000 miles from the Las Vegas Convention Center.

HD Hyundai Teams Up with Google Cloud to Accelerate AI Innovation

Retrieved on: 
Tuesday, December 26, 2023

SEOUL, South Korea, Dec. 25, 2023 /PRNewswire/ -- HD Hyundai is partnering with Google Cloud to accelerate its digital transformation using generative AI technology.

Key Points: 
  • SEOUL, South Korea, Dec. 25, 2023 /PRNewswire/ -- HD Hyundai is partnering with Google Cloud to accelerate its digital transformation using generative AI technology.
  • The collaboration will introduce generative AI across Hyundai's core businesses, including its world-leading shipbuilding and top-ranking construction machinery businesses in Korea.
  • Google Cloud will provide enterprise solutions like its Vertex AI platform to develop industry-specific AI applications.
  • Earlier moves to boost AI capabilities in-house include:
    HD Hyundai says, "Combining the vast data we have accumulated over the years with Google Cloud's generative AI technology will create great synergy.

HD Hyundai Expands Its Vision to Land With Xite Transformation

Retrieved on: 
Thursday, December 7, 2023

HD Hyundai today announced that it will present its innovative vision to create and encourage sustainability on land under the name Xite Transformation at CES 2024, the world’s largest electronics trade show.

Key Points: 
  • HD Hyundai today announced that it will present its innovative vision to create and encourage sustainability on land under the name Xite Transformation at CES 2024, the world’s largest electronics trade show.
  • (Photo: Business Wire)
    HD Hyundai will share details about Xite Transformation at CES during a keynote speech by Vice Chairman and CEO of HD Hyundai, Kisun Chung.
  • Xite Transformation is HD Hyundai’s vision to solve pressing challenges humanity is facing such as safety, security, supply chain issues, climate change and more.
  • HD Hyundai’s exhibit at CES 2024 will consist of three main themes: Future Xite, Twin Xite and Zero Xite.

HD Hyundai Wins CES 2024 Innovation Awards Proving Future Technologies for Land and Sea

Retrieved on: 
Wednesday, November 15, 2023

HD Hyundai has once again won the CES 2024 Innovation Awards following its wins in 2023.

Key Points: 
  • HD Hyundai has once again won the CES 2024 Innovation Awards following its wins in 2023.
  • (Graphic: Business Wire)
    HD Hyundai’s three award-winning products and solutions for the CES 2024 Innovation Awards are:
    HD Hyundai XiteSolution: Smart Collision Mitigation with Sensor Fusion, X-Agent (AI-based machine assistance for construction equipment)
    The CES Innovation Awards is an annual competition held by the Consumer Technology Association (CTA), which honors products with outstanding technologies and innovation.
  • In its first year being entered in the CES Innovation awards, HD Hyundai XiteSolution won in two categories — Vehicle Tech & Advanced Mobility and Mobile Devices, Accessories & Apps.
  • According to HD Hyundai, “It is an honor to be recognized in the CES Innovation Awards with other world-class technology companies as we work to prove our commitment to developing future solutions for land and sea.

HD Hyundai to Keynote CES 2024

Retrieved on: 
Thursday, October 26, 2023

ARLINGTON, Va., Oct. 26, 2023 /PRNewswire/ -- The Consumer Technology Association (CTA)® announced today that HD Hyundai, the world's largest shipbuilder, will keynote at CES 2024® to share tech-first strategies which employ technology for building a more sustainable future. HD Hyundai, a global company also known for specialized construction equipment and energy solutions, further excels in developing eco-friendly infrastructure technology, as well as retrofitting carriers and shipyards.

Key Points: 
  • ARLINGTON, Va., Oct. 26, 2023 /PRNewswire/ -- The Consumer Technology Association (CTA)® announced today that HD Hyundai , the world's largest shipbuilder, will keynote at CES 2024® to share tech-first strategies which employ technology for building a more sustainable future.
  • HD Hyundai CEO Kisun Chung will show how innovation in building smart infrastructure will shape a sustainable future.
  • Because of its future-forward and groundbreaking innovations in its sector, HD Hyundai is a valued contributor to global sustainability initiatives and an important addition to the CES 2024 keynote lineup.
  • "Solving the world's most pressing challenges requires bold leadership; Kisun and HD Hyundai deliver a refined vision each year at CES," said Gary Shapiro, president and CEO, CTA.

HD Hyundai Spearheads Eco-Friendly Shipbuilding Market

Retrieved on: 
Monday, September 18, 2023

SEOUL, South Korea, Sept. 18, 2023 /PRNewswire/ -- HD Hyundai CEO Kisun Chung is propelling the eco-friendly shipbuilding market forward, as evidenced by his recent participation in the naming ceremony of the world's first methanol-powered container ship.

Key Points: 
  • SEOUL, South Korea, Sept. 18, 2023 /PRNewswire/ -- HD Hyundai CEO Kisun Chung is propelling the eco-friendly shipbuilding market forward, as evidenced by his recent participation in the naming ceremony of the world's first methanol-powered container ship.
  • HD Hyundai announced that CEO Chung attended the naming ceremony of the 2,100 TEU-class methanol-powered container ship, "Laura Maersk," in Copenhagen, Denmark, on September 14.
  • Built by Hyundai Mipo Dockyard, this vessel is a milestone as the first of 19 methanol-powered ships ordered by global shipping giant A.P.
  • HD Hyundai secured orders for 43 methanol-powered container ships worldwide and stands at the forefront of the next-generation eco-friendly ship market.

Korea Shipbuilding & Offshore Engineering to Develop Fuel Cell System with European Research Institute and Stack Manufacturer Partner

Retrieved on: 
Tuesday, January 10, 2023

Korea Shipbuilding & Offshore Engineering (KSOE) signs an MOU with Fraunhofer IKTS of Germany and fuel cell component manufacturer Elcogen, based in Estonia and Finland

Key Points: 
  • Korea Shipbuilding & Offshore Engineering (KSOE) signs an MOU with Fraunhofer IKTS of Germany and fuel cell component manufacturer Elcogen, based in Estonia and Finland
    LAS VEGAS, Jan. 9, 2023 /PRNewswire/ -- Korea Shipbuilding & Offshore Engineering (KSOE), the intermediate holding company of HD Hyundai, will embark on a mission to develop fuel cell systems for ships and power generation and acquire technologies for green hydrogen production, in collaboration with Europe's largest research institute and a fuel cell stack manufacturer.
  • "The MOU will allow us to acquire key technologies in the fields of green hydrogen production and fuel cell system manufacturing."
  • Fraunhofer IKTS is the largest applied research institute in Europe with 72 labs across Germany.
  • (From left: Hanna Granö-Fabritius, Managing Director of Elcogen; Sungjoon Kim, Senior Executive Vice President and head of KSOE's Advanced Research Center; Alexander Michaelis, Institute Director of Fraunhofer IKTS)