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The Latest Breaking News from Hanwha

Bidding war: combat shipbuilder receives another offer

Australian and US military shipbuilder Austal has now had two approaches for its American business, which has experienced some recent troubles.

Aussie shipbuilder gets big offer for US operation

Aussie shipbuilder gets big offer for US operation

A South Korean conglomerate has lobbed a massive bid for an Australian shipbuilder's most lucrative business, sending its share price rocketing.

JPMorgan CEO Jamie Dimon says 300,000 workers are needed to rebuild American shipbuilding—with jobs paying $100,000 without a college degree

JPMorgan CEO Jamie Dimon says 300,000 workers are needed to rebuild American shipbuilding—with jobs paying $100,000 without a college degree

The American Dream now runs through the skilled trades, according to Jamie Dimon—and his bank is investing $24 million to ramp up training in Philadelphia.

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Canada to buy 12 hi-tech German submarines after bidding war

TKMS beats South Korean rival to multibillion-dollar contract that will deepen Canada’s Nato ties

The Guardian - UK

Ambarella Bets on Edge AI as Auto Sales Head for Record and Hanwha Deal Builds

Ambarella (NASDAQ:AMBA) Chief Executive Officer Fermi Wang said the company’s edge AI opportunity is built around a broad silicon roadmap and a mature software stack that can help customers move quickly from application development to products. Speaking with BofA semiconductor analyst Vivek Arya at

Blast at rocket fuel factory in South Korea kills five

An explosion and fire at a defence company in South Korea has killed at least five people and injured two others.

Ambarella Q1 Earnings Call Highlights

Ambarella (NASDAQ:AMBA) reported fiscal first-quarter results that landed within its guidance ranges, while management emphasized growing momentum in edge artificial intelligence, automotive telematics and new long-term customer agreements. President and CEO Fermi Wang said the company delivered re

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Taxpayers stung for Defence mistake on Redback vehicles

Taxpayers stung for Defence mistake on Redback vehicles

Defence's failure to pay invoices on time for a project worth $7 billion will cost taxpayers hundreds of thousands of dollars in penalty payments.

PUBG maker Krafton is an AI defense company now, signs deal with Korean aerospace firm that includes investment of up to $1 billion aiming 'to expand the physical AI ecosystem'

PUBG maker Krafton is an AI defense company now, signs deal with Korean aerospace firm that includes investment of up to $1 billion aiming 'to expand the physical AI ecosystem'

Krafton CEO Changham Kim said he hopes the deal results in a "company like Anduril."

Successful defence giant's bid won't hurt Japan ties

Successful defence giant's bid won't hurt Japan ties

Australia's relationship with Japan won't be hurt by a decision to allow a South Korean defence giant to double its share in the nation's sovereign shipbuilder.

Jay‑Z Bets Big On K‑Pop: Inside $500M Hanwha Partnership

Jay‑Z Bets Big On K‑Pop: Inside $500M Hanwha Partnership

Jay-Z's investment firm joins Korea's Hanwha in a $500 million venture aimed at expanding Korean culture and lifestyle brands worldwide.

International Business Times UK

Gumayusi opens up about leaving T1 and finding a new home at HLE

Gumayusi opens up about leaving T1 and finding a new home at HLE

Debunking T1 exit rumors.

China Sanctions 5 US Subsidiaries Of South Korean Shipmaker Hanwha Ocean Amid Rising Trade Tensions

China Sanctions 5 US Subsidiaries Of South Korean Shipmaker Hanwha Ocean Amid Rising Trade Tensions

China has imposed sanctions on five U.S. subsidiaries of South Korean shipbuilder Hanwha Ocean, over their alleged involvement in a U.S. probe into China’s shipping industry.

China sanctions 5 US units of South Korean shipbuilder Hanwha Ocean over probe by Washington

China sanctions 5 US units of South Korean shipbuilder Hanwha Ocean over probe by Washington

China's Commerce Ministry says it has banned dealings by Chinese companies with five subsidiaries of South Korean shipbuilder Hanwha Ocean

The Independent UK

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International Business Times

Inside The South Korean Weapons Factory That Could Supply Kyiv

At the outskirts of a South Korean industrial city, workers at a sprawling weapons factory were conducting final-stage testing for a newly built surface-to-air defence system that could, eventually, head to Ukraine.

‘Blood On Their Hands’: Why 25,000 Protesters Are Demonstrating In Melbourne’s CBD

Police were armed with pepper spray, rubber bullets and smoke bombs.

Northern bases share $3.8b boost to national defence

The federal government will put $3.8 billion towards a slate of upgrades and refurbishments at defence force bases and barracks across northern Australia.

USA Today Sports Media Group

TPC Harding Park set to host LPGA’s Hanwha Lifeplus International Crown in 2023 with new Sunday format

The event features 4 players from the top 8 countries in a team match-play competition and was last held in 2018.

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