All data are based on the daily closing price as of May 17, 2024

HD Hyundai Collaborates with Siemens to Develop Smart Shipyard Data Platform

HD Hyundai, in collaboration with Siemens, a distinguished German engineering company, is embarking on a groundbreaking venture to craft an integrated data platform for the construction of an intelligent shipyard.
South Korea
h 267250.KO Mid and Small Cap 2000
Share this on

The business agreement was inked at the HD Hyundai Global R&D Center in Seongnam-si, Gyeonggi-do, marking a significant stride in maritime innovation.

This strategic partnership aims to establish a digitalized, automated production system that seamlessly oversees data from initial ship design to final production, all under one unified platform. This endeavor is poised to eradicate inefficiencies stemming from disjointed data flows across various stages, thus catalyzing a surge in productivity. The grand vision is to achieve full-scale digital automation within Hyundai Mipo Dockyard’s internal operations by the culmination of 2025, ultimately culminating in a digital twin-driven integrated platform adaptable across all subsidiaries.

Upon the platform’s fruition, HD Hyundai envisions a transformative ‘virtuous cycle of shipbuilding’, whereby insights garnered from the production site feed into design refinement. This iterative process is anticipated to yield marked improvements in ship quality and process efficiency.

Share this on
Jakota Newsletter

Stay ahead in the JAKOTA stock markets with our roundup of vital insights

Icon scroll to top