Hanwha CEO reshuffle
Scope
Date
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Steel
Hyundai Steel aims to reduce reliance on Hyundai, Kia
South Korea's Hyundai Steel Co. is aiming to reduce its dependence on its affiliates Hyundai Motor Co. and Kia Corp. to become one of the world&rsqu...
Oct 05, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Doosan Robotics looks for M&A targets post-IPO: CEO
When Ryu Junghoon was tapped as chief executive of Doosan Robotics Inc. two years ago, he vowed to turn the young robot-making company into an indus...
Oct 04, 2023 (Gmt+09:00)
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Robotics
Hanwha bets big on robots with Hanwha Robotics' official launch
South Korea’s seventh-largest conglomerate Hanwha Group has joined a race to win the burgeoning robot market, with the official launch of Hanw...
Oct 04, 2023 (Gmt+09:00)
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Batteries
LG Uplus, Hanwha unveil ceiling-mounted EV charging system
South Korea's LG Uplus Corp. and Hanwha Corporation/E&C, a construction unit of Hanwha Corp., announced on Monday that the development of their ...
Sep 25, 2023 (Gmt+09:00)
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Leadership & Management
Ex-CEOs return to firms in Korea for operational stability
Former chief executives of South Korean firms are being recruited by their previous employers as the companies need the seasoned experience of these...
Sep 22, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha Ocean, ABS to join forces for LCO2 carrier study
South Korean shipbuilder Hanwha Ocean Co. said Thursday that it has signed a four-way agreement with global entities in the shipping industry to bui...
Sep 21, 2023 (Gmt+09:00)
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Leadership & Management
KEPCO's new CEO heralds electricity rate hikes, drastic reforms
South Korea’s near-monopoly power company Korea Electric Power Corp. (KEPCO) is expected to raise electricity rates and lessen its outsized re...
Sep 20, 2023 (Gmt+09:00)
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Executive reshuffles
Shinsegae axes E-Mart, department store CEOs amid weak sales
South Korea’s retail giant Shinsegae Inc. on Wednesday carried out one of its most drastic executive reshuffles, replacing chief executives of...
Sep 20, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha Aerospace to develop engine materials for military UAVs
South Korea’s Hanwha Aerospace Co. on Wednesday said the Korea Research Institute for Defense Technology Planning and Advancement has named th...
Sep 14, 2023 (Gmt+09:00)
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Hydrogen economy
POSCO, Hyundai unveil hydrogen value chains at H2 MEET 2023
Hydrogen-fueled cars, drones and energy systems were unveiled on Wednesday during South Korea’s largest hydrogen industry exhibition H2 MEET, ...
Sep 13, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha Aerospace to unveil self-propelled howitzer K9A2 in UK
South Korea's Hanwha Aerospace Co. announced on Tuesday that it will unveil the latest model of its K9 self-propelled howitzer, the K9A2, at the Def...
Sep 12, 2023 (Gmt+09:00)
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Batteries
Korean firms confident they can outpace China in LFP battery race
South Korea’s leading battery and materials makers on Monday shared their concerns about Chinese rivals’ ascent, but expressed confidenc...
Sep 11, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha sees higher odds of winning Poland submarine deal
South Korea’s Hanwha Ocean Co. appears to be a step closer to winning a 3.2 trillion won ($2.4 billion) Polish order for submarines, after a s...
Sep 10, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha Ocean recognized for eco-friendly tech at Gastech 2023
South Korea's Hanwha Ocean Co. said on Friday that it had received key environmental certifications from two leading maritime classification societi...
Sep 08, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha vice chair pitches submarines to Polish president
Hanwha Group Vice Chairman Kim Dong-kwan is stepping up efforts to win Poland's high-profile submarine project worth an estimated 3 trillion won ($2...
Sep 07, 2023 (Gmt+09:00)
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Sovereign wealth funds
Aramco, PIF chief to meet key South Korean figures this week
Yasir Othman Al-Rumayyan, chairman of the world’s top oil company Saudi Arabian Oil Co. (Aramco) and governor of the kingdom’s sovereign...
Sep 06, 2023 (Gmt+09:00)
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Chemical Industry
SK Enmove CEO sees future of lubricants in electric cars
South Korea’s lubricating oil maker SK Enmove Co. is setting its sights on electric vehicle lubricants and liquid coolants for thermal managem...
Sep 05, 2023 (Gmt+09:00)
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Electric vehicles
LG Magna to build plant in Hungary for European EV market
MUNICH -- LG Magna e-Powertrain Co., a joint venture between South Korea’s LG Electronics Inc. and Canada’s Magna International Inc., ha...
Sep 04, 2023 (Gmt+09:00)
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Aerospace & Defense
Hanwha to showcase advanced weapons systems in Poland
South Korea’s Hanwha Group will unveil its advanced land, sea, air and space weapons systems this week at the International Defense Industry E...
Sep 04, 2023 (Gmt+09:00)
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Energy
Hanwha Q Cells brings forward US solar module production
Hanwha Q Cells Co., a solar power unit of South Korea’s chemicals-to-defense conglomerate Hanwha Group, brought forward operations of a US pla...
Sep 01, 2023 (Gmt+09:00)
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Electronics
Corning produces ultra-thin bendable glass in Korea
Corning Inc. has built its first integrated supply chain to produce next-generation, ultra-thin bendable glass in South Korea, where it plans to inv...
Aug 31, 2023 (Gmt+09:00)
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Logistics
CJ Logistics to introduce intelligent CCTV
South Korea's CJ Logistics announced on Thursday that it has entered into a business agreement with Hanwha Vision for the development and logistics ...
Aug 24, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha Ocean to raise $1.5 bn to boost warship business
South Korea's Hanwha Ocean Co. will secure 2 trillion won ($1.5 billion) in fresh capital through rights issues, the company said on Wednesday, as t...
Aug 23, 2023 (Gmt+09:00)
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Energy
Hanwha Q Cells expects windfall gain from Chinese rivals’ woes
Hanwha Q Cells Co., a solar power unit of South Korean conglomerate Hanwha Group, is expected to enjoy a windfall gain from the US government’...
Aug 21, 2023 (Gmt+09:00)
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Insurance
Hanwha Life sees cumulative profit in 15 years in Vietnam
Hanwha Life Insurance Co.’s Vietnamese subsidiary has reported a cumulative profit in 15 years, marking the first South Korean insurers’...
Aug 20, 2023 (Gmt+09:00)
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Insurance
Tokio Marine seeks to sell SE Asia units to S.Korean companies
Japanese insurer Tokio Marine Holdings Inc. is seeking to sell its units in Southeast Asia for $1 billion to major South Korean companies looking fo...
Aug 14, 2023 (Gmt+09:00)
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Mergers & Acquisitions
Hanwha Group gears up for foray into aviation industry
South Korea’s chemicals-to-defense conglomerate Hanwha Group is preparing a bid for domestic low-cost carrier (LCC) Fly Gangwon under court pr...
Aug 11, 2023 (Gmt+09:00)
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Carbon neutrality
Hanwha, Shell join S.Korea-Malaysia carbon capture project
Korea National Oil Corp., Hanwha Corp., Air Liquide Korea and Shell have become the latest entities to join the Shepherd CCS project, a major cross-...
Aug 11, 2023 (Gmt+09:00)
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Korean stock market
MSCI Korea Index adds EcoPro, Hanwha Ocean, drops Emart
Four stocks, including EcoPro Co., have been added to the Morgan Stanley Capital International (MSCI) Korea Index, and two have been removed.MSCI, a...
Aug 11, 2023 (Gmt+09:00)
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Business & Politics
Korea’s Big Four conglomerates likely to regain FKI membership
South Korea’s four largest business conglomerates – Samsung, Hyundai Motor, SK and LG – will likely return as members of the count...
Aug 09, 2023 (Gmt+09:00)
Latest News
- 1 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 2 Korea to allow non-profits to buy bad consumer loans
- 3 LG to drive future growth in emerging markets with battery prowess
- 4 South Korean President Lee, Japanese Prime Minister Ishiba seek closer ties
- 5 Naver Ventures to plant flag in Silicon Valley with TwelveLabs bet