Industry
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Hanwha Aerospace Seen as Front-Runner for Norway’s Chunmoo Rocket Deal
Hanwha Aerospace is widely being cited as a leading contender to supply Norway’s multiple rocket launcher program, with analysts pointing to fast delivery and strong performance as key advantages. According to local media reports on Thursday, Norway’s parliament gave final approval to a US$2 billion plan to procure a long-range artillery system. The export contract is believed to include 16 Chunmoo launchers and related equipment. Industry watchers say Norway is likely to choose Hanwha Ae
January 29, 2026
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Autonomous A2Z posts record revenue on growth in self-driving projects
Autonomous A2Z said Wednesday it set a record for annual revenue last year. The company reported about 16 billion won in revenue on a preliminary basis, up about 50% from 10.7 billion won a year earlier. It attributed the increase, ahead of full commercialization of autonomous driving services, to winning central and local government research and development projects, field tests and contract work. Autonomous A2Z said it has posted more than 10 billion won in revenue for a second straight
January 29, 2026
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Samsung Electronics to Pay 1.3 Trillion Won Special Dividend for Q4 2025
Samsung Electronics said on Wednesday it will pay a 1.3 trillion won special dividend tied to its 2025 fourth-quarter results. Under its 2024-2026 shareholder-return policy, Samsung Electronics has been paying about 2.45 trillion won in cash dividends each quarter, or 9.8 trillion won a year. Including the 1.3 trillion won special dividend for the fourth quarter, the quarterly payout will rise to about 3.75 trillion won, bringing total annual dividends to 11.1 trillion won. The dividen
January 29, 2026
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South Korea’s Five Automakers to Offer Free Vehicle Inspections for Lunar New Year Holiday
The Korea Automobile & Mobility Association (KAMA) said Wednesday it will run a “2026 Lunar New Year free vehicle inspection service” with five domestic automakers to help drivers travel safely during the holiday period. The inspections will be offered for three days, from 8:30 a.m. on Feb. 11 to 5:30 p.m. on Feb. 13, with Hyundai Motor, Kia, GM Korea, Renault Korea and KG Mobility (KGM) participating. Renault Korea will begin earlier, on Feb. 9. Hyundai will provide the service at 1,
January 29, 2026
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KSA Opens Korean Maritime History Museum, Unveils ‘Eight Pillars’ Exhibit
South Korea’s shipping industry now has a new museum aimed at preserving its history and honoring maritime workers. KSA·Korea Shipping Association said it held an opening ceremony Wednesday afternoon for the Korean Maritime History Museum at its headquarters in Seoul’s Gangseo District, attended by political and government figures, heads of maritime groups and shipping company representatives. Attendees included Heo Man Wook, director general of the Shipping and Logistics Bureau
January 29, 2026
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Samsung Electronics Posts 333.6 Trillion Won in Annual Revenue as Memory Lifts Results
Samsung Electronics said in a regulatory filing Thursday that its fourth-quarter consolidated revenue rose to 93.8374 trillion won and operating profit totaled 20.0737 trillion won. Operating profit surged 209.17% from a year earlier. For the year, revenue came to 333.6059 trillion won and operating profit reached 43.6011 trillion won. Samsung said results were driven by its Device Solutions (DS) division, citing expanded sales of high-margin products such as high-bandwidth memory (HB
January 29, 2026
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