HD Hyundai Electric is a South Korean manufacturer of power transformers and other electrical equipment. By 2017, the company had supplied a cumulative total of over 1.2 million kWA transformers to 70 countries around the world.
History
In 1977, the Heavy Electrical Equipment Division of Hyundai Heavy Industries was established.[1] The following year, it began producing transformers, and in November of that year, it became independent as Hyundai Heavy Electric. In 1993, it was merged into Hyundai Heavy Industries and took the form of the Heavy Electricity Business Division, and in 2001, its name was changed to the Electrical and Electronic Systems Business Division.[2][3] In April 2017, Hyundai Electric was launched as a result of Hyundai Heavy Industries' spin-off into Hyundai Heavy Industries, Hyundai Robotics, Hyundai Construction Equipment, and Hyundai Electric.[4]