Hanwha Aerospace to spin off semiconductor equipment unit


FILE PHOTO: Model military vehicles are displayed at a booth for Hanwha Aerospace during the 2023 Seoul International Aerospace and Defense Exhibition (ADEX) in Seongnam, South Korea, October 16, 2023. REUTERS/Josh Smith/File photo

SEOUL (Reuters) - South Korea's Hanwha Aerospace Co said on Friday it will spin off its industrial solutions and semiconductor equipment businesses from its flagship defence division.

(Reporting by Jack Kim; Editing by Ed Davies)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

How Agility Robotics uses artificial intelligence, from their humanoid 'Digit' to everyday workflow
Man who lost key motion in Elon Musk suit alleges judge used faulty AI
Netflix inks deal for exclusive video podcasts, episodes on YouTube will disappear
Nvidia to license Groq technology, hire executives
Spotify says piracy activists hacked its music catalogue
Italy watchdog orders Meta to halt WhatsApp terms barring rival AI chatbots
Podcast industry under siege as AI bots flood airways
Do online comments sections reflect public opinion? Study casts doubt
AI resurrections of dead celebrities amuse and rankle
US adds new models of China’s DJI and all other foreign-made drones to its blacklist

Others Also Read