South Korean defence giant hit by Chinese sanctions offers anti-ship missile to Manila

South Korean defence giant hit by Chinese sanctions offers anti-ship missile to Manila

South Korean defence giant Hanwha’s proposal to sell its anti-ship missile to the Philippines around the same time Beijing imposed sanctions on its shipbuilding sector represents Seoul leaning towards defence industry cooperation with Washington and its allies, analysts said. According to the Paris-based Naval News website, representatives from Hanwha said the company was willing to…

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Global Automotive Actuators Market to Reach $49.31 Billion by 2033 Amid EV and ADAS Boom

According to Renub Research Latest Report automotive actuators market is projected to reach US$ 49.31 billion by 2033, up from US$ 27.51 billion in 2024, registering a CAGR of 6.70% between 2025 and 2033. This robust growth is primarily driven by the increasing adoption of electric vehicles (EVs), autonomous systems, and advanced driver-assistance systems (ADAS)….

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