Korea Joongang Daily
Korea JoongAng Daily

Hanwha Solutions issues new shares to repay debt amid backlash from investors, politicians

Hanwha Solutions will issue new shares to raise 2.4 trillion won ($1.6 billion) to repay debt, drawing criticism from investors and politicians who feel that the company slapping a band-aid on a fundamental fiscal ailment.

2026-04-01

Hanwha Solutions’ new W&C Division eyes global XLPE lead under CEO with 20 years’ experience

Hanwha Solutions is opening a new chapter with the launch of a Wire and Cable (W&C) Division helmed by Carlo Scarlata, the former chief commercial officer of the world’s largest cable manufacturer with over 20 years of in the industry.

2025-11-13

Hanwha Solutions establishes Wire & Cable Division to propel high value added product expansion

Hanwha Solutions has announced the establishment of its new Wire & Cable (W&C) Division, reinforcing the company’s commitment to expanding its portfolio of high value added products. Following the recent restructuring of its Chemical Division, the...

2025-10-22

Hanwha Solutions eyes jumpstart with new Wire & Cable Division

Hanwha Solutions has announced the establishment of a new Wire & Cable (W&C) Division, reinforcing the company’s commitment to expanding its portfolio of high-tech products. Following the recent restructuring of the Chemical Division, the W&C...

2025-04-15

Hanwha Group listed among TIME's 100 Most Influential Companies

Hanwha Group made it to the 100 Most Influential Companies by TIME magazine this year, marking the only Korean company included in the list.

2024-05-31

Hanwha Solutions eyes global markets with domestically-produced cable compounds

Hanwha Solutions eyes an expansion into markets worldwide with its new cross-linked polyethylene (XLPE) insulated cable with a capacity of up to 400 kilovolts.

2024-03-21

Hanwha Solutions ends 2023 with 34.6% drop in operating profit

Falling well short of market expectations, the company posted a net loss of 155.3 billion won amid a persistent slowdown in the chemical sector.

2024-02-22

Hanwha Solutions reports 70 percent drop in Q3 operating profit

Solar panel supplier Hanwha Solutions reported a 70.81 percent drop in operating profit to $72.7 million in Q3, citing decreased solar module sales and revenue decline. Net profit also plunged 85.1 percent.

2023-10-31

Hanwha Solutions posts 28.7% drop in operating profit

Hanwha Solutions posted a 28.7 percent drop in operating profit to 194.1 billion won ($152.6 million) in the second quarter, missing the analyst forecast of 246.1 billion won compiled by FnGuide.

2023-07-27

Hanwha Solutions to build industrial complex in Hwaseong

Hanwha Solutions got the green light from Hwaseong's city government for a 380-billion-won ($296.4-million) project to build an industrial complex in the city for auto part suppliers and semiconductor companies.

2023-06-19