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Hanwha Aerospace Expands Overseas Defense Production

Hanwha Aerospace is expanding its defense production bases in the United States, Europe, and Australia, localizing its export strategy.

  • Hanwha Aerospace plans to establish overseas production facilities to bolster export strategy.
  • Company forming joint venture with WB Group in Poland for guided missile production.

Nomura Keeps Bullish Target Prices for Samsung and SK hynix

Global investment bank Nomura maintained its target prices for Samsung Electronics and SK hynix at 670,000 won (about $504.4) and 4,700,000 won(3,538.8), respectively, stating, “The memory supply…

  • AI demand and profit potential outweigh concerns about slowing AI company revenue growth.
  • Global data center capacity expected to expand 77% from 22.3 GW to 31.5 GW in the next year.

Labor Clash Intensifies Over Workweek Exemption Bill

As the ruling Democratic Party of Korea simultaneously proposed a mega-region special zone bill containing special labor provisions, such as a ‘52-hour workweek exception,’ alongside another bill…

  • Democratic Party of Korea proposes 52-hour workweek exception bill
  • Labor unions oppose, citing undermining of workers' rights
  • Business community supports, emphasizing global competitiveness

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