As the only aircraft engine manufacturer in South Korea, Hanwha Aerospace has become a leader in the cutting-edge machinery industry, specializing in the development, production, and maintenance of aircraft engines. We advanced into the aircraft engine business in 1979, beginning with gas turbine engine depot maintenance. Since then, we have provided a wide range of gas turbine solutions to the world, including South Korea, and our cumulative production exceeded 8,000 units in 2016. Hanwha Aerospace aims to grow into a global leader in the aircraft engine field by ensuring customer satisfaction based on offering the best quality, price, and delivery competitiveness.
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Columns5| Company | Markets | New markets | Momentum | Activity | Expansion score |
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Hanwha Group restructures into two divisions: heavy industry and tech-life. Kim Dong-seon, third son of owner, leads new holding company focusing on technology and lifestyle businesses.
KOSPI rose above 5400 points as semiconductor stocks surged, led by Samsung Electronics and SK Hynix. This follows a 2.28% jump in the Philadelphia Semiconductor Index overnight.
LG Energy Solution will produce LFP batteries for Tesla's ESS in Michigan from 2027, as part of a $4.3 billion contract.
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