KRX:000880

6 stories mentioning KRX:000880Updated 3d ago

Every FINWIRES story that references KRX:000880, newest first.

Hanwha Reports Fatal Incident at Ourhome Unit's Eumseong Plant 2 in South Korea

Hanwha (KRX:000880) reported a fatal incident at the premises of its Ourhome food service and catering subsidiary in South Korea, with the cause still unclear, according to a Monday filing.The South Korean conglomerate noted that the worker was an external contractor who was repairing a refrigerant leak in a chiller outdoor unit at Eumseong Plant 2 on July 23. The worker collapsed and died on the way to the hospital.The Ministry of Employment and Labor was notified July 24 and is currently investigating the incident.

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Asia25d ago

Hanwha Plans 55 Trillion Won AI, Space Investments; Shares Rise 3%

Hanwha Corp. (KRX:000880) on Friday said it plans to invest 55 trillion won in integrated space infrastructure and artificial intelligence sectors by 2040.The company will build infrastructure that will comprise launch vehicles, ultra-low-orbit synthetic aperture radar (SAR) satellites, space-based AI data centers, and a low-Earth orbit (LEO) satellite communications network.Hanwha Aerospace (KRX:012450) will invest about 23 trillion won in launch vehicles, while Hanwha Systems (KRX:272210) will spend 20 trillion won on satellites and communications infrastructure.Shares of Hanwha Corp. rose more than 3% in Monday's trade, while those of Hanwha Aerospace fell nearly 4%. Shares of Hanwha Systems added nearly 4%.

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Asia37d ago

Hanwha Corp. to Sell KRW287.9 Billion Real Estate to Affiliate

Hanwha Corp. (KRX:000880) will sell real estate to its affiliate, Hanwha Systems (KRX:272210), for 287.9 billion won, according to a Wednesday Korean bourse filing.The disposal involves land and buildings at the Hanwha Future Technology Research Institute.The company is proposing the disposal to improve asset efficiency through the selling off of non-operating assets.

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Asia37d ago

Hanwha Systems Confirms KRW22.1 Billion Worth of Transactions with Hanwha Corp.

Hanwha Systems (KRX:272210) secured transactions worth 22.1 billion won with Hanwha Corp. (KRX:000880) during the third quarter of the year, according to a Wednesday filing with the Korean Exchange.The transactions included sales of 16.3 billion won and purchases of 5.82 billion won.

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Asia38d ago

Market Chatter: Solar Panel Makers Seek US Intervention on South Korean Cell Imports

Solar panel manufacturers CSI Solar (SHA:688472) parent Canadian Solar, SEG Solar, and Heliene are calling on the U.S. Commerce Department to probe solar cell imports from South Korea on allegations they are being used to skirt tariffs on China-made products, Reuters reported Monday, citing a petition seen by the newswire.The three companies say companies such as Hanwha's (KRX:000880) QCells transferred operations to South Korea from China to evade U.S. tariffs, the report said.Canadian Solar, SEG Solar, Heliene, Hanwha, and the U.S. Commerce Department did not immediately respond to requests for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

KRX:000880SHA:688472

Asia64d ago

Market Chatter: Hanwha Aerospace Eyes Canada Space, Submarine Contracts; Shares Decline 3%

Hanwha Aerospace (KRX:012450) is seeking to sign a memorandum of understanding with Canadian spaceport operator Maritime Launch Services to support Canada's domestic rocket launch plans via a commercial spaceport in Nova Scotia, Bloomberg News reported Thursday.Canada, at present, does not have an operational launchpad and launch-vehicle operator, making Canadian satellite firms rely on foreign firms such as SpaceX. Prime Minister Mark Carney's government is seeking to change that by securing a site in Nova Scotia for a commercial spaceport, the report said.In addition, Hanwha Aerospace's parent company Hanwha Corporation (KRX:000880) is competing with Thyssenkrupp Marine Systems for a Canadian submarine contract worth around CA$25 billion, with long-term support and maintenance probably pushing the overall value in the range of CA$100 billion to CA$120 billion, it said.Shares of Hanwha Aerospace fell over 3% in recent trade, while those of Hanwha declined more than 8%.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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