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South Korea’s Hanwha Group has hit the jackpot by investing in Nikola Motor, a hydrogen semi-trucks manufacturer whose share prices recently shot up. Following the announcement that the U.S.-based company will release fuel cell pickup trucks soon, its market capitalization...
Hanwha’s up-to-date weapons systems drew keen attention during an Indian defense trade show that ended the last weekend, according to industry officials. Hanwha’s defense business units participated in the DefExpo 2020, a defense and aerospace exhibition held in Lucknow,...
South Korea's business bellwether signs new contract Hanwha Defense, a leading defense manufacturer in South Korea, has signed a deal to provide the Army with the fifth batch of K55 A1 self-propelled howitzers, the company said on Dec. 30. Valued 137.4...
Multiple countries expected to strengthen partnership with Hanwha As far as the defense technology is concerned, South Korea is one of the most advanced countries in the world as it confronts North Korea, a belligerent Stalinist regime. A set of companies...
Father-to-son power transfer gets underway Kim Dong-kwan, the eldest son of Hanwha Group Chairman Kim Seung-yeon, has been promoted to the vice president of the conglomerate’s unit, Hanwha Q Cells and Advanced Materials. Hanwha said Dec. 2 that the 36-year-old Hanwha...
Korea's cost-effective anti-drone system draws attention SEOUL: The leaders of South Korea and Saudi Arabia have vowed to step up their defense cooperation, as the Kingdom suffered the deadliest attack on its oil facilities when a swarm of drones struck...
Hanwha Robotics joins hands with Wipro Infra Hanwha Robotics recently signed a memorandum of understanding with Wipro Infrastructure Engineering to set up a sales and operations office in the world’s second-most populous country. Hanwha Robotics is the robot business division of...
Solar-cell maker recognized for 4 straight years Hanwha Q CELLS, a top-tier manufacturer of solar cell and module manufacturers in the world, was recognized thanks to its product quality and reliability by an authoritative testing lab. PV Evolution Labs (PVEL), one...
Defense company strives to beef up competitiveness via M&A deal Hanwha Aerospace, a major affiliate of Hanwha Group, has funneled $300 million to gobble up EDAC Technologies, a U.S. aircraft engine component manufacturer. Hanwha Aerospace recently said that it signed the...
Korean outfit launches campaign to help Vietnam A South Korean conglomerate tries to help clean Vietnam’s Mekong River through launching a campaign of removing waste from the river based on advanced technology. Hanwha Group said June 6 that it has kicked...

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