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HD Hyundai Electronic Hosung Heavy Industries, USA
High pressure power infrastructure virtually monopoly
Reporter Kim Woong -gi
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[Macroeconomic]
Input 2025.09.26 17.23
765KV transformer, the only production in the United States
Data Center renewable energy surge
Concerns about the burden of US tariffs are also resolved.
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There: Both companies are transferred to more than 50% of the tariffs.
Securities prices are expected to be able to apply:
Product prices that apply actual tariffs are 85% of sales
The actual tariff burden inside and outside is limited than market concerns
It is expected to be
Simple summary
Surge demand for power production due to AI data centers and Trump nuclear power plants
-> The only place to make a transformer there is Korea (Hyundai, Hyosung) / Germany.
For reference, Hyosung Heavy Industries shares before the AI boom occurs: about 50,000 won
-> Current stock price: about 1.3 million won
Hyundai Electric is 30,000 won-> 550,000 won