Korea Joongang Daily
Korea JoongAng Daily

FSS orders Hanwha Solutions to revise share sale plan again

Korea's financial regulator has again ordered Hanwha Solutions to revise its share sale plan, citing insufficient disclosures, the company said Friday.

2026-05-01

Hanwha offers to build ground weapons in Canada to help submarine megadeal bid

Hanwha Group is offering to bring production of Hanwha Aerospace's ground weapons to Canada to help its fellow subsidiary, Hanwha Ocean, win a 60 trillion won ($40.4 billion) megadeal to build submarines for the Canadian Navy.

2026-04-30

Hanwha Group breaks into Korea's top 5 conglomerates list for first time

Hanwha Group broke into Korea’s top five conglomerates for the first time, overtaking Lotte and Posco due to its defense and energy-focused business restructuring and aggressive acquisitions.

2026-04-30

Steel-cutting ceremony marks start of construction for Korea's second combat support ship

The steel-cutting ceremony for the country's second auxiliary oil, ammunition and equipment (AOE-II) ship took place at a shipyard of Hanwha Ocean in Geoje, South Gyeongsang, on Wednesday.

2026-04-29

Eagles demote struggling reliever Kim Seo-hyeon to minor leagues

The Hanwha Eagles on Monday demoted their slumping reliever Kim Seo-hyeon to the minor leagues.

2026-04-27

Canada eyes Hanwha K9 as Korean howitzer becomes NATO's Arctic gun of choice

The K9 Thunder self-propelled howitzer is becoming a fixture of Arctic defense, a track record that now gives manufacturer Hanwha Aerospace an edge in purchase talks with Canada as Ottawa overhauls its land-based artillery.

2026-04-27

Hanwha Ocean sails to consensus-beating operating profit of $299.5M in Q1

Hanwha Ocean posted a consensus-beating first quarter operating profit of 441.1 billion won ($299.5 million) driven by high-value vessels and a currency market favorable to an exporter.

2026-04-27

Twins blank Eagles with strong pitching performance in Korean Series rematch

Starter Lachlan Wells fired eight innings of one-hit ball and Song Chan-eui blasted a two-run home run in just his third game of the season, as the LG Twins blanked the Hanwha Eagles 3-0 on Wednesday in a rematch of last year's Korean Series.

2026-04-22

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.

2026-04-22

Hanwha Solutions W&C leads charge with high-voltage materials display at WIRE 2026

Hanwha Solutions Wire & Cable (W&C) reinforced its commitment to increasing its market share through extra-high voltage cable materials and circular solutions with a booth at WIRE 2026, the world’s largest trade fair for the industry, in...

2026-04-22