| Mobile Web

Search results for Hanwha Ocean

AI & Enterprise

Korea Microsoft to hold Industry Summit on Sept. 30

Korea Microsoft will hold the Microsoft Industry Summit on Sept. 30 at the COEX Grand Ballroom in Seoul to share industry-specific AI transformation strategies and on-the-ground cases. The company will present AI use cases and Frontier Transformation 방향 across finance, retail, manufacturing, healthcare and education. It will also run technology sessions featuring customer cases using Microsoft 365 Copilot, Microsoft Foundry and Azure. Korean firms including SC First Bank, Shinhan units and KB Kookmin Bank will present.

Finance

Korea Investment Trust Management to list strategic industries ETF

Korea Investment Trust Management will launch a new exchange-traded fund that diversifies investment across South Korean strategic industries led by semiconductors, alongside shipbuilding, defence and nuclear power. The ACE SemiconductorPlus Strategic Industries ETF will hold 10 stocks, selecting two representative names from each of five industries. The fifth industry will be chosen from a list including autos, and autos are expected at the time of listing.

Industry

Hanwha Ocean misses Canada submarine bid but secures export path and local partnership network

Germany’s Thyssenkrupp Marine Systems has been selected as preferred bidder for Canada’s next submarine procurement project, while the Hanwha Ocean-HD Hyundai Heavy Industries team was named a backup supplier and lost a bid valued at 60 trillion won. Canadian Prime Minister Mark Carney called it a close decision. Hanwha Ocean said it could not overcome NATO considerations, but retained a reserve role and expanded local partnerships in Canada.