Tag: hanwha group

hanwha group

Latest News

Korea's SpaceX? Hanwha raises stake in KAI above 6% in bid to become aerospace behemoth

Local conglomerate Hanwha Group is increasing its stake in Korea Aerospace Industries (KAI) above 6 percent, accelerating its push to build an integrated aerospace and defense powerhouse it hopes will become Korea's answer to SpaceX.

2026.5.26

The Centre Pompidou Hanwha located at the foot of the 63 Building in Yeouido, western Seoul is seen on May 19. [CENTRE POMPIDOU HANWHA]

The Centre Pompidou's 'Constellation' gets new star as Hanwha branch prepares Cubist exhibition

The Centre Pompidou's Hanwha branch is set to open a new exhibition featuring Cubist artwork, expanding its offerings and enhancing cultural engagement in Korea.

2026.5.19

Most popular

Hanwha Group set up a large standalone exhibition booth at the defense exhibition Sea-Air-Space 2026 in Maryland from April 20 to 22. [HANWHA OCEAN]

Hanwha Group expands defense, naval partnerships in Canada, U.S.

Hanwha Group is expanding its defense industry partnerships in North America, spanning Canadian submarines, U.S. naval vessels and missiles.

2026.4.22

Hanwha Ocean's shipyard is seen in Geoje, South Gyeongsang, on March 12. [YONHAP]

U.S. Navy awards Hanwha Group first subcontractor project for next-gen logistics ship

Hanwha Group has secured its first U.S. Navy project as a subcontractor for a next-generation logistics ship project, marking a major new step for the group in the United States defense market, the group said Tuesday.

2026.3.31

Hanwha Group increases stake in KAI to expand cooperation in future aerospace projects

Hanwha Group is increasing its stake in Korea Aerospace Industries (KAI) as it looks to strengthen its position in Korea’s aerospace and defense industry. Hanwha Aerospace acquired 2.67 million common shares in KAI in October last year.

2026.3.17

Hanwha Group Chairman Kim Seung-youn [HANWHA GROUP]

Hanwha chairman calls company an 'indispensable' partner for U.S. shipbuilding in New Year's message

Hanwha Group Chairman Kim Seung-youn emphasized in his New Year’s message on Friday that the company must serve as a “linchpin” in Korea-U. S. relations through the Korea-U. S. maritime cooperation project, "Make American Shipbuilding Great Again."

2026.1.2

Panelists speak during the ″Lifeplus NY 2025″ event held at The Glasshouse in New York City on Nov. 14. [HANWHA GROUP]

Hanwha holds 'Lifeplus' finance conference in New York for business leaders of today and tomorrow

Hanwha Group affiliates held a gathering of financial experts and promising talent from Korea and the United States at its “Lifeplus NY 2025" event in New York on Friday.

2025.11.17

The Anton resort, previously known as Paraspara, is a five-star resort in Gangbuk District, northern Seoul. [CHOSUN HOTELS & RESORTS]

Hanwha Hotels buys debt-ridden Mount Bukhan resort, aims to transform it into premium stay

Hanwha Hotels & Resorts acquired a five-star resort that faced 390 billion won ($282 million) in debt for 30 billion won, with an eye on turning it into one of its own premium hotel locations, the company said Thursday.

2025.8.14

Korea's most powerful business leaders flew to the United States earlier this week to show support in hammering out a high-stakes tariff deal. From left: Samsung Electronics Executive Chairman Lee Jae-yong, Hyundai Motor Executive Chair Euisun Chung and Hanwha Group Vice Chairman Kim Dong-kwan [YONHAP, HANWHA]

Korean business leaders' presence in Washington plays crucial role in tariff deal success

When Korea sat down with the United States to hammer out a high-stakes tariff deal, it wasn’t just government officials at the table. Some of the country’s most powerful business leaders quietly flew in to tip the scales.

2025.7.31

John Phelan, President Donald Trump's nominee to be Secretary of the Navy, appears before a Senate Committee on Armed Services hearing for his pending confirmation on Capitol Hill, on Feb. 27, in Washington. [AP/YONHAP]

Capital, skill inflow following Hanwha's U.S. shipyard acquisition 'very critical,' Navy secretary nominee says

U.S. President Donald Trump's pick for the Navy secretary said Thursday that the inflow of capital and skill sets into the United States following Korean conglomerate Hanwha Group's acquisition of a U.S. shipyard is "very critical."

2025.2.28