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Thales dissolves operation with Hanwha

29th July 2016 - 10:19 GMT | by Gordon Arthur in Hong Kong

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Thales has announced that it was dissolving its joint venture with Hanwha in South Korea.

This 50/50 operation, which began as Samsung Thales in 2000, was subject to Hanwha’s takeover of Samsung’s defence wing in June 2015. 

The joint venture had originally been created to focus on the defence ...

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