Hanwha Systems Acquires 8% Stake in UK Satellite Communication Service Company OneWeb
[Asia Economy Reporter Minji Lee] Hanwha Systems announced on the 12th that it acquired 250,000 shares of OneWeb, a British satellite communication service company, for 346.5 billion KRW. After the acquisition, the shareholding ratio is 8.8%. The company stated, "This is to quickly secure market leadership in the low Earth orbit satellite business and strengthen global competitiveness."
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