Hanwha Systems Invests US$300 mln in Satellite Communications Firm

SEOUL, Aug. 12 (Korea Bizwire) — Hanwha Systems Co., the defense and ICT unit of Hanwha Group, said Thursday it will invest US$300 million in London-based satellite communications company OneWeb to join the growing space development race in the private sector. Hanwha will acquire an 8.8 percent stake in the company through the investment, which [...]