Hanwha Life said Tuesday executive director Goo Do-kyo has been nominated to head Hanwha Life Financial Service, a to-be-established insurance sales subsidiary.
With 2021 set to become a defining moment for Korea’s aerospace industry thanks to the planned launch of a rocket developed with homegrown technology, investors became bullish about private space companies linked with the project.
Hanwha Q Cells will further embrace renewable energy through a program run by the Industry Ministry.
Hanwha Techwin developed software for surveillance cameras to analyze human faces.
The AS-21 Redback, developed by Korean arms maker Hanwha Defense, will begin evaluation trials starting February to win a tender to build infantry fighting vehicles (IFV) for the Australian Army.
Hanwha Aerospace became the first supplier to British aerospace engine maker Rolls-Royce to be certified to conduct its own quality control checks.
Hanwha Aerospace, a defense industry unit of Hanwha Group, will acquire a 30 percent stake in Satrec Initiative, a space satellite company that was founded by scientists who participated in the development of Korea's first satellite.
Six Hanwha Corporation subsidiaries said they will no longer finance coal projects to move in step with a government-led carbon neutrality drive, the companies said in a statement Tuesday.
Rocked by the economic fallout of the coronavirus pandemic and the tough business environment it created throughout 2020, major Korean conglomerates have vowed to seek out new growth engines this year and deal squarely with fundamental issues.
At first glance, it may seem as though Johnny Washington is walking into an unenviable situation as he prepares to take over as the new hitting coach of the Hanwha Eagles.