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Hanwha Group (Korean: 한화그룹; Hanja: 韓火그룹; RR: Hanhwa Geurup) is a large business conglomerate in South Korea. [2] Founded in 1952 as Korea Explosives Co. (한국화약주식회사; 韓國火藥株式會社), the group has grown into a large multi-profile business conglomerate, with diversified holdings stretching from explosives—their original business—to energy, materials ...
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The basis of Republic Act No. 10591 was to efficiently improve and provide stiffer penalties on illegal firearm acquisition and possession. Presidential Decree No. 1866, series of 1983, provided the Philippines its first ever firearms and explosives law though not all criminal activities where covered by the law. While laws such as P.D. No ...
In 2017, Hanwha Defense announced at ADEX (Aerospace & Defense Exhibition) in Seoul that it had signed a nondisclosure contract worth 700 billion won to export K239 Chunmoo to a certain country in the Middle East, and it was later revealed that the United Arab Emirates signed a supply contract with Hanwha Defense, including 12 K239 Chunmoos, 12 ...
The AT-1K Raybolt (Korean: 현궁 "Hyeon-gung", [5] Hanja: 晛弓) is a South Korean man-portable third-generation anti-tank guided missile built by LIG Nex1.It has fire-and-forget capability using an infrared imaging seeker and has a tandem-warhead to defeat explosive reactive armor.
SEOUL (Reuters) -South Korea's Hanwha Aerospace said on Friday it will spin off its semiconductor equipment and video surveillance businesses, carving out units that contributed about 16% to ...
A volcano in the central Philippines explosively erupted on Monday, prompting the urgent evacuation of at least 87,000 people living within the danger zone as plumes of smoke and ash billowed ...
Kim established the Korea Explosives Corporation, a predecessor of the Hanwha Corporation, in 1952. He succeeded in producing dynamite domestically in 1957 [1] and began its commercial production in 1958, contributing to South Korea's industrial growth by supporting the construction of national infrastructure, including bridges, tunnels and highways.