Hanwha Ocean smart lighting control
Scope
Date
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E-commerce
Qxpress investors to take over Qoo10 founder's control
Financial investors of Qxpress Pte. are set to take over Singapore-based Qoo10 Pte. and its founder Ku Young Bae’s control amid financial turm...
Aug 02, 2024 (Gmt+09:00)
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Korean chipmakers
Asicland, FADU to jointly develop eSSD controller
South Korean semiconductor design house Asicland Co. said on Thursday it signed a $19 million contract with the domestic fabless company FADU.Under ...
Aug 01, 2024 (Gmt+09:00)
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Real estate
Hanwha REIT to buy Hanwha Group office building for $584 mn
Hanwha REIT Co., a real estate investment arm of South Korea’s No. 7 conglomerate Hanwha Group, said on Monday that it is poised to acquire th...
Jul 29, 2024 (Gmt+09:00)
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Automobiles
Hyundai Mobis lighting system wins triple crown of design awards
South Korea's auto parts maker Hyundai Mobis announced on Sunday that its Active Aero Lighting System (AALS) has received awards at the world's thre...
Jul 29, 2024 (Gmt+09:00)
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Electronics
S.Korea relinquishes control to China in smaller OLED market
LG Display Co. and Samsung Display Co. lost ground to their Chinese rivals in the global small and mid-sized organic light-emitting diode (OLED) pan...
Jul 26, 2024 (Gmt+09:00)
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Energy
Hanwha Solutions to raise $1.5 bn amid mounting losses
Hanwha Solutions Corp., the flagship unit of South Korea’s chemicals-to-defense conglomerate Hanwha Group, is poised to raise as much as $1.5 ...
Jul 26, 2024 (Gmt+09:00)
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Aerospace & Defense
Hanwha, Univ. of Surrey to team up for space business
Hanwha Aerospace Co., South Korea’s major aerospace and defense system developer, announced on Friday that it signed a memorandum of understan...
Jul 26, 2024 (Gmt+09:00)
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Aerospace & Defense
Hanwha Ocean wins $332 mn ship order from S.Korean Navy
South Korea's Hanwha Ocean Co. announced on Thursday that it was selected as the preferred bidder for the second auxiliary oiler replenishment (AOE)...
Jul 26, 2024 (Gmt+09:00)
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Earnings
LG Electronics posts record Q2 profit, to accelerate transition into AI leader
LG Electronics Inc., a leading South Korean electronics maker, on Thursday posted its highest quarterly operating profit and sales for the April-Jun...
Jul 25, 2024 (Gmt+09:00)
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Artificial intelligence
Naver launches Saudi digital twin project for smart cities
South Korean internet giant Naver Corp. and the Saudi Arabian government have started a five-year project to build digital twin platforms for Riyadh...
Jul 23, 2024 (Gmt+09:00)
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AgTech
Nongshim to build smart farm in Saudi Arabia
South Korea's food and beverage giant Nongshim Co. announced on Tuesday that it was selected as a participant in the Smart Farm Export Promotion Pro...
Jul 23, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha Ocean qualifies to compete for US Navy MRO
South Korea's Hanwha Ocean Co. announced on Monday that it signed a Ship Maintenance Relations Agreement (MSRA) with the US Navy. It got the right t...
Jul 22, 2024 (Gmt+09:00)
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Tech, Media & Telecom
SK Telecom identifies illegal drones using AI
South Korea's SK Telecom Co. announced on Thursday that it developed a communication and AI-integrated module to catch illegal drones using artifici...
Jul 19, 2024 (Gmt+09:00)
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Artificial intelligence
LG to foster smart factory business as new B2B growth driver
PYEONGTAEK, Gyeonggi Province -- LG Electronics Inc., the leading global home appliance maker, aims to foster its smart factory business as a new gr...
Jul 18, 2024 (Gmt+09:00)
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Leadership & Management
Hanwha Group to expand stock compensation to team chiefs
South Korea’s No. 7 conglomerate Hanwha Group will expand its restricted stock units (RSUs) to encourage employee interest in the company&rsqu...
Jul 18, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Samsung OS Tizen embedded in Loewe TV Stellar to rival Google, Apple
Samsung Electronics Co.'s open-source smart TV operating system Tizen will be embedded in German premium TV brand Loewe’s latest model St...
Jul 16, 2024 (Gmt+09:00)
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Artificial intelligence
SK invests $200 mn in US AI cluster builder SMART Global
SK Telecom Co. said on Tuesday it has agreed to invest $200 million in SMART Global Holdings Inc. (SGH), a US artificial intelligence cluster builde...
Jul 16, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha Ocean to cut CO2 emissions from ships with smart lighting
Hanwha Ocean Co., South Korea's third-largest shipbuilder, said on Friday it has won an approval in-principle (AIP) certificate from Korean Register...
Jul 12, 2024 (Gmt+09:00)
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Energy
Hanwha Q Cells gets solar power plant order in Colorado
Hanwha Q Cells Co., a solar panel manufacturing arm of South Korea's Hanwha Solutions Corp., said on Thursday that it has secured a large-scale sola...
Jul 12, 2024 (Gmt+09:00)
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Corporate restructuring
Doosan Robotics to delist, wholly own cash-cow Doosan Bobcat
Doosan Enerbility Co., a leading South Korean power plant engineering company, is handing over its entire 46% stake in machinery affiliate Doosan Bo...
Jul 11, 2024 (Gmt+09:00)
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The KED View
Don’t dwell on Korea discount; light up visibility on global stage
To the world, South Korea is well known as home to the world’s top two memory chipmakers, Samsung Electronics Co. and SK Hynix Inc., but it is...
Jul 10, 2024 (Gmt+09:00)
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Aerospace & Defense
Hanwha Aerospace to export $938mn K9 howitzer to Romania
Hanwha Aerospace Co., South Korea’s major aerospace and defense system developer, signed a 1.3 trillion won ($938 million) contract to supply ...
Jul 10, 2024 (Gmt+09:00)
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Aerospace & Defense
Hanwha Systems signs $867 million missile radar deal with Saudi Arabia
Hanwha Systems Co., a leading South Korean defense company, said on Tuesday it has clinched a $867 million deal to supply its advanced mobile multi-...
Jul 09, 2024 (Gmt+09:00)
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Tech, Media & Telecom
Hanwha, KT to cooperate on smart mining
South Korea's Hanwha Global, the global division of Hanwha Corp. and KT Corp. announced on Monday that they signed a memorandum of understanding (...
Jul 09, 2024 (Gmt+09:00)
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Mergers & Acquisitions
LG Electronics acquires Athom to facilitate AI smart home push
South Korea’s home appliance giant LG Electronics Inc. said on Wednesday it has acquired Athom B.V., a Netherlands-based home automation compa...
Jul 03, 2024 (Gmt+09:00)
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Pension funds
NPS to cut global stocks under GP management, up its direct control
South Korea’s National Pension Service (NPS), the world’s third-largest pension fund, is set to slash its overseas stocks under global i...
Jul 02, 2024 (Gmt+09:00)
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Aerospace & Defense
S.Korea’s Hanwha, Doosan to develop fighter jet engines
Hanwha Aerospace Co., South Korea’s top defense manufacturer, and Doosan Enerbility Co., a major local power plant builder, are set to develop...
Jul 02, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Hanwha Ocean wins $1.57 billion deal for LNG carriers, VLCCs
Hanwha Ocean Co., a shipbuilding unit of South Korea’s chemicals-to-defense conglomerate Hanwha Group, said on Monday it has won a combined 2....
Jul 01, 2024 (Gmt+09:00)
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Korean startups
Hanwha’s Flexell Space to supply satellite solar cell to Terran Orbital
Flexell Space, an in-house space solar cell-developing startup under South Korea’s Hanwha Systems Co., will supply its tandem flexible batteri...
Jun 28, 2024 (Gmt+09:00)
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Energy
Hanwha, Taihan to spur global sales of extra-high voltage cables
Hanwha Solutions Corp., the chemical and renewable energy unit of South Korea’s No. 7 conglomerate Hanwha Group, and Taihan Cable & Soluti...
Jun 27, 2024 (Gmt+09:00)
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