Jeju Hanwha Space Center
Scope
Date
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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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Metaverse
Krafton enters metaverse space with investment in Naver’s Zepeto
Krafton Inc., one of South Korea’s major game developers, is entering the metaverse space by investing 5 billion won ($4.2 million) in Zepeto,...
Dec 06, 2021 (Gmt+09:00)
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Korean startups
Proptech platform Olim Planet eyes 2022 Kosdaq IPO
Olim Planet, a South Korean property technology startup, has begun the process to go public on the junior Kosdaq market as early as the second half ...
Nov 26, 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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Alternative investments
Korea’s Midas Asset buys logistics center in Italy for €200 mn
South Korea’s Midas Asset Management Co. has bought a logistics center leased to Amazon, the world’s top online shopping mall, in Italy ...
Nov 24, 2021 (Gmt+09:00)
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Korean startups
Sustainable packaging firm SUPASO wins grant, office space via D.DAY event
D.CAMP, Korea’s non-profit foundation focused on helping young entrepreneurs, has joined forces with SK ecoplant Co., Ltd. to find promising...
Nov 23, 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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Automobiles
Genesis House New York: An oasis in Manhattan
Hyundai Motor Co., South Korea’s top automaker, is opening Genesis House New York, a sophisticated showroom, in the trendy Meatpacking Distric...
Nov 12, 2021 (Gmt+09:00)
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Energy
Hanwha Energy to raise $130 mn for Australia hydrogen project
Hanwha Energy Corp. of South Korea's Hanwha Group will raise about 150 billion won ($130 million) from Woori Private Equity to fund its solar energy...
Nov 10, 2021 (Gmt+09:00)
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Future Mobility
Hyundai to set up UAM research center in LA next year
South Korea’s Hyundai Motor Group is accelerating the urban air mobility (UAM) business with a plan to set up a research center for the sector...
Nov 10, 2021 (Gmt+09:00)
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Retail
Jeju as Korea's new shopping mecca: Shinsegae's task ahead
Unlike Hawaii and Las Vegas, there is one thing missing on Jeju Island, South Korea's top tourist destination: premium outlets.The island hosted 15 ...
Nov 04, 2021 (Gmt+09:00)
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Bio
Sartorius to invest $300 mn in bio material, equipment plant in Korea
Sartorius AG, German laboratory equipment and raw material maker, is slated to invest $300 million in the next three years to build a plant in South...
Nov 03, 2021 (Gmt+09:00)
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Sera Global
[ASK 2021] Cross-border Investments in Data Center, Life Science and Other Niche Sectors
Sera Global is a pure-play real assets advisory firm that provides innovative solutions to meet the evolving needs of clients, with a focus on l...
Nov 02, 2021 (Gmt+09:00)
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REITs
KTB to launch REITs for logistics centers in Vietnam and housing in US
South Korean asset manager KTB Asset Management Co. plans to launch two overseas real estate investment trusts (REITs) to invest in Vietnam-based lo...
Nov 02, 2021 (Gmt+09:00)
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ASK 2021
Hanwha Life CIO says interested in infrastructure debts
Chief Investment Officer of South Korea's Hanwha Life Insurance Shin Minsik said on Wednesday that the company is selectively looking for equities i...
Oct 27, 2021 (Gmt+09:00)
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Aerospace & Defense
Korea’s Nuri: Mission unaccomplished, but one step closer to space
South Korea has launched its first domestically designed and developed space rocket Nuri, but failed to put a satellite into orbit, thwarting its bid ...
Oct 21, 2021 (Gmt+09:00)
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Tech, Media & Telecom
Hanwha-invested OneWeb’s internet satellites launched into orbit
A Soyuz rocket has launched 36 new internet satellites operated by London-based OneWeb, in which South Korea’s Hanwha Systems Co. has a stake,...
Oct 15, 2021 (Gmt+09:00)
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Petrochemicals
LG Chem to build technical support centers in EU, US
LG Chem Ltd. will expand global clients’ accessibility to its technical support professionals. The chemical company said on Oct. 11 that it wi...
Oct 11, 2021 (Gmt+09:00)
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Aerospace & Defense
S.Korea’s first homegrown space rocket Nuri set for October launch
South Korea will be the seventh country in the world to launch a space rocket with homegrown technologies. The long-awaited Nuri, or Korea Space Launc...
Oct 08, 2021 (Gmt+09:00)
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Chemical Industry
Hanwha to raise $503 mn to expand China PVC production
South Korea’s Hanwha Solutions Corp. is set to raise $503 million to expand its polyvinyl chloride (PVC) business in China, the world&rsq...
Oct 08, 2021 (Gmt+09:00)
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Airlines
Korean LCCs rush to stock market for fund on travel recovery hopes
Cash-strapped South Korean budget airlines are rushing to raise money in the local stock market on growing hopes for a travel recovery as government...
Oct 08, 2021 (Gmt+09:00)
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Chemical Industry
Hanwha moves forward in challenging Hu-Chems in nitric acid market
Hanwha Corp. is pushing forward with its plan to challenge Hu-Chems Co. in the industrial nitric acid sector as its attempt to acquire the chemical ...
Sep 27, 2021 (Gmt+09:00)
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Robotics
KT, Samsung Medical Center extend ties in building robot-driven hospitals
KT Corp. and Samsung Group’s medical facility Samsung Medical Center (SMC) have made another step forward in creating a next-generation hospit...
Sep 16, 2021 (Gmt+09:00)
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Petrochemicals
Coal price surge puts S.Korean petrochemical firms ahead of Chinese rivals
Rising coal prices in China will likely benefit South Korean petrochemical companies such as Lotte Fine Chemical and Hanwha Solutions, by strengthen...
Sep 13, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Hanwha seeks more M&A targets: Group’s heir apparent
Hanwha, the South Korean chemicals-to-financial conglomerate, has been a key player in the M&A market with a series of acquisitions in recent ye...
Sep 10, 2021 (Gmt+09:00)
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Energy
KOGAS, Hanwha-led group to build Vietnam LNG power plant
Korea Gas Corp. (KOGAS) and Hanwha Energy Corp.-led group was set to build a $4.8 billion liquefied natural gas (LNG) power plant in Vietnam that is...
Sep 06, 2021 (Gmt+09:00)
Latest News
- 1 BOK chief warns against aggressive policy rate cuts, sees need for fiscal stimulus
- 2 S.Korea eases path for foreign REITs in senior housing push
- 3 Koramco targets $7 bn bets on Korea data centers
- 4 Lotte Chemical, HD Hyundai seek big deal via merger of naphtha cracking facilities
- 5 South Korea accelerates stablecoin framework in global race