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Hanwha seeks bigger presence in burgeoning global robotics market

Hanwha Group, South Korea's seventh-largest conglomerate, officially launched its robotics firm Hanwha Robotics on Wednesday, aiming to take the lead in the burgeoning global robotics market. Hanwha Corp./Momentum and Hanwha Hotels & Resorts set up a joint venture for Hanwha Robotics, holding 68 percent and 32 percent of the shares in the new entity, respectively. Hanwha Corp./Momentum will acquire 28,293,19...

South-korea , United-states , Germany , Hanover , Niedersachsen , America , Kim-dong-sun , Seo-jong-hwi , Samsung , Hanwha-corp-momentum , Hanwha-group

Samsung, Doosan, Hanwha intensify robotics rivalry

Korea's major conglomerates are moving to tap deeper into the robotics industry as demand for collaborative robots is soaring amid rising labor costs, according to industry officials, Monday.

United-states , China , South-korea , Korea , America , Samsung , Korea-exchange , Hanwha-hotels , Samsung-electronics , Doosan-group , Hanwha-group

Collaborative robots emerge as new growth engine for Korean conglomerates

The stereotypical images of industrial robots in the past depicted automated machines working behind fences, isolated from human workers. The development of elaborate sensors detecting human contact and lightweight materials, however, has ushered in an era of collaborative robots, or “cobots,” which can interact with human workers more safely within a shared space, or in close proximity.

Munich , Bayern , Germany , Shanghai , China , Boston , Massachusetts , United-states , Denmark , American , Chinese , Yang-seung-yoon

Hanwha to set up robotics unit in October

Hanwha Group, South Korea’s seventh-largest conglomerate, is looking to bolster its robotics business as it plans to establish a new robotics corporation. Hanwha announced Friday that its robot and automated guided vehicle businesses under the factory automation department at Hanwha Corporation/Momentum would be split off into a new robotics firm named Hanwha Robotics. The company said the split-off is taking p...

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Hanwha Group pulled down by struggling financial units

The stock price of Hanwha Corp., the de facto holding firm of Hanwha Group, plunged 7.85 percent to 27,000 won ($20), Monday, after its second-quarter earnings fell short of market expectations.

Seoul , Soult-ukpyolsi , South-korea , Daishin , Kangwon-do , Kim-dong-seon , Kim-dong-kwan , Hanwha-hotels-resorts , Hanwha-group-vice , Hanwha-corp , Hanwha-group

Hanwha Resort to Introduce 12-hour Accommodation Package

Hanwha Resort to Introduce 12-hour Accommodation Package
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Seoul , Soult-ukpyolsi , South-korea , Hanwha-hotels , Hanwha-hotels-resorts-co , Korea-bizwire ,

Incheon Casino's Construction is Ahead of Schedule

Mohegan is building a casino in South Korea, and the company announced that non-gaming content will be completed by the end of 2023, and casinos a year after.

Seoul , Soult-ukpyolsi , South-korea , Incheon , Inch-on-gwangyoksi , Japan , United-states , Japanese , Korea , Raymond-pineault , Hanwha-corp , Hanwha-hotels-resorts-co-ltd

K-pop concert-specific venues to open in Seoul metropolitan area

K-pop fans will soon be able to enjoy more quality performances at new concert-specific arenas in the Seoul metropolitan area, with three large venues slated to open over the next few years. This year, the 15,000-seat Inspire Arena will begin operations in Incheon, west of Seoul. The performance hall is part of Inspire Entertainment Resort - a casino resort by U.S. operator Mohegan Gaming & Entertainment, which will be set up near Incheon International Airport.

Dobong , Kyonggi-do , South-korea , Seoul , Soult-ukpyolsi , Incheon , Inch-on-gwangyoksi , United-states , In-changdong , Gocheok , American , Korea

Business tycoons to 'find answers' at World Economic Forum, CES

Heads of the nation's largest conglomerates are expected to attend the World Economic Forum (WEF) from Jan. 16 to 20 next year in Davos, Switzerland, to talk with global leaders about countermeasures against inflation, supply chain crises and geopolitical issues, according to industry officials, Monday. They are also said to be promoting Busan to the forum's participants, so that Korea's second-largest city will be selected by members of the Bureau International des Expositions (BIE) next November as the venue to host World Expo 2030.

Vietnam , Republic-of , Seoul , Soult-ukpyolsi , South-korea , Davos , Switzerland-general- , Switzerland , Busan , Pusan-gwangyoksi , Korea , Chung-euisun

Hanwha Group chief and his sons meet Heritage Foundation founder

Hanwha Group Chairman Kim Seung-youn met with Edwin John Feulner Jr., founder of the conservative American think tank, the Heritage Foundation, and discussed a wide array of current issues, including global economic issues and diplomatic events, as well as ways to enhance friendly relations between Korea and the U.S., the company announced, Wednesday. The dinner meeting took place after Feulner took part in a domestic forum promoting the free market economy and enhancing Korea-U.S. alliance at The Plaza Hotel in Seoul, Tuesday.

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