Siemens, HD Hyundai expand partnership in low-triple-digit million USD digital shipyard deal

Reuters2026/07/24 07:01

By:Reuters

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Siemens expanded its strategic partnership with HD Hyundai to develop an AI-enabled “digital shipyard” blueprint for shipbuilding.
Deal includes a low-triple-digit million USD agreement for HD Hyundai to adopt the Siemens Xcelerator industrial software, automation portfolio.
Partnership targets a connected digital thread across engineering, manufacturing, suppliers, shipyard operations to lift capacity, improve quality, cut rework.
Companies will back a U.S.-Korea Shipbuilding Technology Cooperation Center in Washington to promote digital shipyard adoption, workforce development.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Siemens AG published the original content used to generate this news brief on July 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Siemens, HD Hyundai expand partnership in low-triple-digit million USD digital shipyard deal

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