Kim Seung-youn, chairman of Hanwha Group, stressed in a New Year's address on the 2nd that "only by possessing fundamental technologies that will determine the future in core business fields such as artificial intelligence (AI) and the defense industry can we lead for 50 and 100 years."

Chairman Kim said, "We must look far ahead and maintain prudence that does not get swept up in the trend, and focus that responds nimbly to change," and stated accordingly. He continued, "Hanwha has become a national champion corporations racing toward global leadership in defense and shipbuilding," and added, "All the more at times like this, we must not rest on our laurels but tighten the reins of innovation, including securing future-leading technologies."

Kim Seung-youn, chairman of Hanwha Group. /Courtesy of Hanwha Group

Chairman Kim said, "Both the nation and corporations must go beyond simple interests to become partners that will share the future with counterpart nations and corporations to pioneer new markets," and added, "In particular, MASGA ('Make American Shipbuilding Great Again') should be planned and executed with the determination that Hanwha will take full responsibility, centering on the U.S. Philly Shipyard." He went on to say, "As a core partner, we must broaden and deepen cooperation in the shipbuilding industries of both countries through the construction of warships and nuclear-powered submarines."

Chairman Kim reiterated the win-win management principle of "Together, further," which has continued for 25 years. Kim said, "Workers at partner companies are also Hanwha family, and local communities are Hanwha's business base," and added, "Stable operations and sustained business performance are possible when we work with partner companies and local communities." Kim added, "Above all, remember the principle of safety first."

Referring to the success of the fourth launch of Nuri, Chairman Kim said, "Hanwha turned the dreamed-of future into the present and advanced into space, becoming a key player in global defense," and added, "It is all thanks to all of you who have ceaselessly challenged yourselves and dedicated yourselves."

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