Hanwha Aerospace
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Hanwha Aerospace
, type = Public , traded_as = , industry = Aerospace , genre = , fate = , predecessor = , successor = , founded = (as Samsung Precision) , founder = , defunct = , hq_location_city = Seongsan, Changwon, Gyeongsangnam-do , hq_location_country = South Korea , coordinates = , area_served = , key_people = Hyun-Woo Shin (President) , products = , services = , revenue = 4,215 Billion KRW , revenue_year = 2017 , operating_income = , income_year = , net_income = , net_income_year = , aum = , assets = 5,748 Billion KRW , assets_year = 2017 , equity = , equity_year = , owner = , num_employees = 2,559 , num_employees_year = 2017 , parent = Hanwha Group ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Aerospace
Aerospace is a term used to collectively refer to the atmosphere and outer space. Aerospace activity is very diverse, with a multitude of commercial, industrial and military applications. Aerospace engineering consists of aeronautics and astronautics. Aerospace organizations research, design, manufacture, operate, or maintain both aircraft and spacecraft. The beginning of space and the ending of the air is considered as 100 km (62 mi) above the ground according to the physical explanation that the air pressure is too low for a lifting body to generate meaningful lift force without exceeding orbital velocity. Overview In most industrial countries, the aerospace industry is a cooperation of the public and private sectors. For example, several states have a civilian space program funded by the government, such as NASA, National Aeronautics and Space Administration in the United States, European Space Agency in Europe, the Canadian Space Agency in Canada, Indian Space Re ...
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Seongsan-gu
Seongsan is a district in Changwon City, South Korea. See also * Changwon * Uichang-gu * Masan-Hoiwon-gu * Masan-Happho-gu * Jinhae-gu Jinhae-gu (Hangul: 진해구, Hanja: 鎭海區) is a district in Changwon City, South Korea. This region is served by the Korean National Railroad, and is famous for its annual cherry blossom festival every spring. The city front is on a shelter ... References External links Districts of Changwon {{SouthKorea-geo-stub ...
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Changwon
Changwon () is the capital city of Gyeongsangnam-do, on the southeast coast of South Korea. With a population of 1.07 million , Changwon is South Korea's ninth-most populous city. A port city, Changwon is bordered by Masan Bay to the south, and the cities of Busan and Gimhae to the east. The city of Miryang lies to the northeast, and Jinju to the west. The region has been inhabited since the Bronze Age, and its urban areas have been renamed and re-organized many times throughout history. In 1974, with the creation of the Changwon National Industrial Complex, the three historically interdependent cities of Masan, Jinhae, and Changwon began to undergo significant economic development, growing into an important industrial centre. On 1 July 2010, the cities of Changwon, Jinhae, and Masan merged to form the current city of Changwon. As Korea's first planned city, modeled after Canberra, Australia, Changwon uses accessible urban planning including many parks and separate resid ...
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Gyeongsangnam-do
South Gyeongsang Province ( ko, 경상남도, translit=Gyeongsangnam-do, ) is a province in the southeast of South Korea. The provincial capital is at Changwon. It is adjacent to the major metropolitan center and port of Busan. The UNESCO World Heritage Site Haeinsa, a Buddhist temple that houses the ''Tripitaka Koreana'' and tourist attraction, is located in this province. Automobile and petrochemical factories are largely concentrated along the southern part of the province, extending from Ulsan through Busan, Changwon, and Jinju. Etymology The name derives ; . The name derives from the names of the principal cities of Gyeongju () and Sangju (). History Before 1895, the area corresponding to modern-day South Gyeongsang Province was part of Gyeongsang Province, one of the Eight Provinces of Korea during the Joseon dynastic kingdom. In 1895, southern Gyeongsang was replaced by the districts of Jinju in the west and Dongnae (modern-day Busan) in the east. In 1896, they were me ...
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South Korea
South Korea, officially the Republic of Korea (ROK), is a country in East Asia, constituting the southern part of the Korea, Korean Peninsula and sharing a Korean Demilitarized Zone, land border with North Korea. Its western border is formed by the Yellow Sea, while its eastern border is defined by the Sea of Japan. South Korea claims to be the sole legitimate government of the entire peninsula and List of islands of South Korea, adjacent islands. It has a Demographics of South Korea, population of 51.75 million, of which roughly half live in the Seoul Capital Area, the List of metropolitan areas by population, fourth most populous metropolitan area in the world. Other major cities include Incheon, Busan, and Daegu. The Korean Peninsula was inhabited as early as the Lower Paleolithic period. Its Gojoseon, first kingdom was noted in Chinese records in the early 7th century BCE. Following the unification of the Three Kingdoms of Korea into Unified Silla, Silla and Balhae in the ...
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Hanwha Group
, former_name = Korea Explosives Group , type = Public , traded_as = , industry = Conglomorate , founded = , founder = Kim Chong-hee , hq_location_city = Seoul , hq_location_country = South Korea , area_served = Global , key_people = Kim Seung-yeon(Chairman and CEO) , revenue= ₩72,890,000,000,000 (2020) , operating_income = ₩2,927,888,000,000(Hanwha Corp. only) , net_income = ₩19,327,000,000(Hanwha Corp. only) , num_employees = 43,690 , num_employees_year = 2020 , subsid = , owners = Estate of Kim Seung-yeon (32.02%)Hanwha through treasury stock (8.08%)National Pension Service (8.67%) , homepage = https://www.hanwha.co.kr/ (Korean) https://www.hanwha.com (English) , footnotes = , intl = Hanwha Group () is a large business conglomerate (''chaebol'') in South Korea. Founded in 1952 as Korea Explosives Co. (), the group has grown into a large multi-profile business conglomerate, with diversified holdings stretching from explosives, their original ...
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Samsung
The Samsung Group (or simply Samsung) ( ko, 삼성 ) is a South Korean multinational manufacturing conglomerate headquartered in Samsung Town, Seoul, South Korea. It comprises numerous affiliated businesses, most of them united under the ''Samsung'' brand, and is the largest South Korean (business conglomerate). Samsung has the eighth highest global brand value. Samsung was founded by Lee Byung-chul in 1938 as a trading company. Over the next three decades, the group diversified into areas including food processing, textiles, insurance, securities, and retail. Samsung entered the electronics industry in the late 1960s and the construction and shipbuilding industries in the mid-1970s; these areas would drive its subsequent growth. Following Lee's death in 1987, Samsung was separated into five business groups – Samsung Group, Shinsegae Group, CJ Group and Hansol Group, and JoongAng Group. Notable Samsung industrial affiliates include Samsung Electronics (the wor ...
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General Electric
General Electric Company (GE) is an American multinational conglomerate founded in 1892, and incorporated in New York state and headquartered in Boston. The company operated in sectors including healthcare, aviation, power, renewable energy, digital industry, additive manufacturing and venture capital and finance, but has since divested from several areas, now primarily consisting of the first four segments. In 2020, GE ranked among the Fortune 500 as the 33rd largest firm in the United States by gross revenue. In 2011, GE ranked among the Fortune 20 as the 14th most profitable company, but later very severely underperformed the market (by about 75%) as its profitability collapsed. Two employees of GE – Irving Langmuir (1932) and Ivar Giaever (1973) – have been awarded the Nobel Prize. On November 9, 2021, the company announced it would divide itself into three investment-grade public companies. On July 18, 2022, GE unveiled the brand names of the companies it will ...
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Jet Engine
A jet engine is a type of reaction engine discharging a fast-moving jet of heated gas (usually air) that generates thrust by jet propulsion. While this broad definition can include rocket, Pump-jet, water jet, and hybrid propulsion, the term typically refers to an internal combustion airbreathing jet engine such as a turbojet, turbofan, ramjet, or pulse jet engine, pulse jet. In general, jet engines are internal combustion engines. Airbreathing jet engines typically feature a Axial compressor, rotating air compressor powered by a turbine, with the leftover power providing thrust through the propelling nozzle—this process is known as the Brayton cycle, Brayton thermodynamic cycle. Jet aircraft use such engines for long-distance travel. Early jet aircraft used turbojet engines that were relatively inefficient for subsonic flight. Most modern subsonic jet aircraft use more complex High-bypass turbofan, high-bypass turbofan engines. They give higher speed and greater fuel eff ...
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KF-16
The General Dynamics F-16 Fighting Falcon is a single-engine multirole fighter aircraft originally developed by General Dynamics for the United States Air Force (USAF). Designed as an air superiority day fighter, it evolved into a successful all-weather multirole aircraft. Over 4,600 aircraft have been built since production was approved in 1976. Although no longer being purchased by the U.S. Air Force, improved versions are being built for export customers. In 1993, General Dynamics sold its aircraft manufacturing business to the Lockheed Corporation, which in turn became part of Lockheed Martin after a 1995 merger with Martin Marietta. The Fighting Falcon's key features include a frameless bubble canopy for good visibility, side-mounted control stick to ease control while maneuvering, an ejection seat reclined 30 degrees from vertical to reduce the effect of g-forces on the pilot, and the first use of a relaxed static stability/fly-by-wire flight control system that helps ...
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Korea Aerospace Industries
Korea Aerospace Industries (Korean: 한국항공우주산업, Hanja: 韓國航空宇宙産業) (KAI) is a South Korean aerospace and defense company. It was originally established as a joint venture of Samsung Aerospace, Daewoo Heavy Industries' aerospace division, and Hyundai Space and Aircraft Company (HYSA). During 1999, KAI became more independent of its founding members, acquiring their aerospace interests at the behest of the South Korean government following the financial troubles of these companies that had resulted from the 1997 Asian financial crisis. KAI has developed various aerospace products, including the Korea Space Launch Vehicle(KSLV)-II and various satellites. It has been involved in the production of several foreign-designed aircraft via licensing arrangements, such as the MBB/Kawasaki BK 117, MBB Bo-105 KLH, and the KF-16. KAI has also developed and produced its own aircraft designs, including the KT-1 Woongbi and T-50 Golden Eagle training aircraft, the ...
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