Hanwha Impact
Scope
Date
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Pension funds
NPS’ shareholder meeting vetoes cast pall on its profitability
National Pension Service (NPS) of South Korea, the world's third-largest pension fund with 948.7 trillion won ($768.9 billion) in assets under man...
Apr 20, 2022 (Gmt+09:00)
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Private equity
Korea, Lone Star brace for ruling on decade-long dispute
An international arbitrator is set to rule on a decade-long legal tussle between South Korea and Lone Star Funds as early as next month over the US ...
Apr 19, 2022 (Gmt+09:00)
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Blockchain
Hanwha Solutions CEO meets with US blockchain VCs
President and co-CEO of Hanwha Solutions Corp. Kim Dong-kwan met with heads of major blockchain venture capital firms while visiting the United Stat...
Apr 11, 2022 (Gmt+09:00)
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Aerospace & Defense
Hanwha breaks ground on howitzer plant in Australia
South Korea’s Hanwha Defense Co., the world’s top self-propelled howitzer producer, has kicked off the construction of its first oversea...
Apr 10, 2022 (Gmt+09:00)
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Corporate restructuring
Hanwha Solutions to raise $491 mn with materials unit split-off
South Korea’s Hanwha Solutions Corp. is set to split off its advanced materials business and sell a stake in the unit to raise $491 million fo...
Mar 29, 2022 (Gmt+09:00)
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Energy
Hanwha Solutions wins France's solar farm project
Q Cells, a renewable energy division of South Korea's Hanwha Solutions Corp., has clinched a large-scale solar energy project in France, acceleratin...
Mar 28, 2022 (Gmt+09:00)
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Insurance
Insurers rush to bolster equity capital to boost solvency
South Korea's key insurers are rushing to increase their equity capital ahead of two new solvency regulations set to take effect from Jan. 1, 2023. ...
Mar 24, 2022 (Gmt+09:00)
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Aerospace & Defense
Hanwha invests another $11 mn in US communications firm Kymeta
Hanwha Systems Co., the defense and air mobility unit of South Korea’s Hanwha Group, made another investment of $11 million in Kymeta Corp., a...
Mar 16, 2022 (Gmt+09:00)
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War in Ukraine
Korean shipbuilders see material impact from sanctions on Russia
International sanctions on Russia over its invasion of Ukraine are set to have a material impact on South Korea’s three largest shipbuilders, ...
Mar 13, 2022 (Gmt+09:00)
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Korean chipmakers
Goldman sees Samsung, SK Hynix shares up 50% over next 12 mths
The share prices of the world’s two largest memory chipmakers Samsung Electronics Co. and SK Hynix Inc. each have room to rise by about 50% ov...
Mar 11, 2022 (Gmt+09:00)
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Aerospace & Defense
Hanwha, Poongsan, LIG Nex1 clinch $989 mn Saudi defense deals
South Korea’s three defense-related companies have signed a combined 3.71 billion Saudi riyal ($989 million) contract to supply ammunition and...
Mar 10, 2022 (Gmt+09:00)
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War in Ukraine
Korea defense firms in spotlight amid Russia-Ukraine war
South Korea’s defense makers are in the spotlight as nations are expected to boost their military power amid the Russia-Ukraine war. Industry ...
Mar 07, 2022 (Gmt+09:00)
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War in Ukraine
Korea corp. borrowing costs to rise further on Russia risks
South Korean companies are expected to pay more for fundraising as Russia’s invasion of Ukraine has chilled investor sentiment on corporate bo...
Mar 02, 2022 (Gmt+09:00)
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Mergers & Acquisitions
KB Life, Prudential Life to complete merger by Jan 2023
The merger of KB Life Insurance Co., an insurer under KB Financial Group Inc. of South Korea, and Prudential Life Insurance Co. of Korea will be c...
Mar 01, 2022 (Gmt+09:00)
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Aerospace & Defense
Hanwha Defense secures land for K9 howitzer production in Australia
Hanwha Defense Co. announced Wednesday it has secured a large property in Australia for building a production facility for the K9 Thunder self-prope...
Feb 23, 2022 (Gmt+09:00)
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Aerospace & Defense
Defense giants eager to bolster satellite business
In the era of space privatization, satellites are the driving forces.South Korea’s main defense systems makers are turning away from arms expo...
Feb 11, 2022 (Gmt+09:00)
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Aerospace & Defense
Hanwha inks $1.7 bn K9 howitzer deal to Egypt
Hanwha Defense Co. signed a contract to sell K9 self-propelled howitzers to Egypt on Tuesday in a deal worth over 2 trillion won ($1.7 billion.)Of t...
Feb 02, 2022 (Gmt+09:00)
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Energy
Hanwha Solutions shares rebound to near 40,000 won mark
Hanwha Solutions Corp. shares are rebounding after a two months-long slide. The bounce back comes on the back of expectations that its operating pro...
Jan 11, 2022 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai Heavy uneasy ahead of EU decision despite $2.5 bn orders
South Korea’s Hyundai Heavy Industries Group grew more concerned ahead of the European Union’s decision on the combination of the world&...
Jan 11, 2022 (Gmt+09:00)
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REITs
Korean REITs total assets surpass $58 bn in 2021
The combined total assets of real estate investment trusts (REITs) in Korea surpassed 70 trillion won ($58.4 billion) as of the end-2021, 20 years a...
Jan 10, 2022 (Gmt+09:00)
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Korean games
Krafton's PUBG tops global game revenue with $2.8 bn
PlayerUnknown’s Battlegrounds Mobile (PUBG Mobile), a mobile game of South Korean gaming company Krafton Inc., topped the global game re...
Jan 03, 2022 (Gmt+09:00)
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Investment Insights
Howard Marks says should stay in the market now
NEW YORK -- US stock markets remain high but their prices seem reasonable at the current level of interest rates near historic lows, said Oaktree Ca...
Dec 30, 2021 (Gmt+09:00)
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Korean chipmakers
Samsung cuts NAND output in Xian on COVID-19 lockdown
Samsung Electronics Co., the world’s largest NAND flash memory chipmaker, said on Wednesday it is adjusting operations at its manufacturing fa...
Dec 29, 2021 (Gmt+09:00)
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Aerospace & Defense
Hanwha Defense to supply howitzers to Australia in $788 mn deal
South Korea’s Hanwha Defense Co. inked a $788 million deal to supply K9 self-propelled howitzers to Australia, marking its first sale of the s...
Dec 13, 2021 (Gmt+09:00)
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Korean startups
Hanwha, Musicow to launch JV in US for copyright trading abroad
Musicow Inc., a music copyright trading platform and one of the hottest startups in South Korea, will set up a joint venture in the US with Korean c...
Dec 10, 2021 (Gmt+09:00)
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Aerospace & Defense
Korea’s Hanwha Aerospace to develop small rocket system
Hanwha Aerospace Co., a unit of South Korean conglomerate Hanwha Group, is developing system technology for small projectiles that launch a satellit...
Dec 06, 2021 (Gmt+09:00)
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Energy
Hanwha Solutions invests $100 mn in US energy startup Lancium
South Korea’s Hanwha Solutions Corp. has invested in a US data center energy management startup as part of its new business model to embrace t...
Nov 24, 2021 (Gmt+09:00)
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Energy
Hanwha acquires 16.67% of REC Silicon for $160 mn for US solar projects
South Korea’s Hanwha Solutions Corp. has agreed to buy a 16.67% stake in Norway-based polysilicon manufacturer REC Silicon ASA for $160.5 mill...
Nov 19, 2021 (Gmt+09:00)
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Energy
Hyundai Oilbank to make naphtha from plastic waste
Hyundai Oilbank Co. is set to produce naphtha by injecting plastic waste pyrolysis oil into the process of refining crude oil, poised to become the ...
Nov 18, 2021 (Gmt+09:00)
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Aerospace & Defense
Korea’s LIG close to record $3.5 bn deal to export missile system to UAE
LIG Nex1 Co., a leading South Korean defense company, is close to a record $3.5 billion deal to export its surface-to-air missile system to the Unit...
Nov 17, 2021 (Gmt+09:00)
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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