Most Popular
-
1
Actor Jung Woo-sung admits to being father of model Moon Ga-bi’s child
-
2
Wealthy parents ditch Korean passports to get kids into international school
-
3
Trump picks ex-N. Korea policy official as his principal deputy national security adviser
-
4
First snow to fall in Seoul on Wednesday
-
5
Man convicted after binge eating to avoid military service
-
6
S. Korea not to attend Sado mine memorial: foreign ministry
-
7
Final push to forge UN treaty on plastic pollution set to begin in Busan
-
8
Toxins at 622 times legal limit found in kids' clothes from Chinese platforms
-
9
Korea to hold own memorial for forced labor victims, boycotting Japan’s
-
10
Nvidia CEO signals Samsung’s imminent shipment of AI chips
Hanwha Precision Machinery establishes tech center in Germany
By Lim Jeong-yeoPublished : Sept. 3, 2019 - 14:51
Hanwha Precision Machinery, a subsidiary of Hanwha Aerospace, announced Tuesday it had launched an integrated tech center for Europe in Germany to accelerate its global expansion.
The launch ceremony for the Hanwha Europe Technical Center took place Friday in Morfelden-Walldorf, nearby finance and commerce hub Frankfurt.
Responsible for manufacturing Hanwha’s machinery, Hanwha Precision Machinery will use the new tech center as the base for big-scale projects in Europe and to attract new clients.
The launch ceremony for the Hanwha Europe Technical Center took place Friday in Morfelden-Walldorf, nearby finance and commerce hub Frankfurt.
Responsible for manufacturing Hanwha’s machinery, Hanwha Precision Machinery will use the new tech center as the base for big-scale projects in Europe and to attract new clients.
The center will provide technology and service befitting the global standards expected of it, according to Hanwha Precision Machinery.
This is the first European venture by a Korean precision machinery firm in the division of industrial machinery and automated shelves.
The Hanwha Europe Technical Center is a two-story building with an area of 711 square meters.
The space is fitted with a training area, office and meeting room, as well as a display area for the 10 main products of Hanwha Precision Machinery, such as the company’s flagship product chip mounter, collaborative robot and assembly automation equipment.
Hanwha Precision Machinery anticipates an additional revenue spike of 30 million euros ($32.8 million) in the European market through the new tech center launch. The company vowed to grow its European market to account for over 15 percent of its total revenue.
By Lim Jeong-yeo (kaylalim@heraldcorp.com)
![[More than APT] Residents, architects together design homes](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=652&simg=/content/image/2024/11/24/20241124050036_0.jpg&u=)
