- Business
- Doosan Corporation Doosan Corporation (000157.KS) operates as a holding company overseeing a diversified portfolio of businesses spanning power generation equipment, industrial facilities, construction machinery, engines, construction projects, electro-materials, industrial vehicles, fuel cells, and digital innovation services; it manufactures and sells copper clad laminates including high-end flexible copper clad laminates (FCCL) for printed circuit boards, OLED display materials, castings and forgings, hydraulic components such as motors, pumps and valves through Doosan Mottrol, forklifts and logistics automation equipment via Doosan Corporation Industrial Vehicle, hydrogen fuel cell power packs and systems for power generation, construction equipment components, industrial robots from Doosan Robotics, semiconductor wafer testing solutions through Doosan Tesna, and provides IT development, consulting, engineering, advertising, and marketing services; the company engages in construction of nuclear steam supply systems (NSSS), balance of plant (BOP), turbines, water treatment facilities, roads, and plant installations, alongside operations in retail, golf clubs, condominiums, sports teams like Doosan Bears, financial investments, renewable energy, and wholesale activities. Founded in 1896 and headquartered in Seoul, South Korea, Doosan Corporation conducts operations across Korea, the United States, Asia, the Middle East, Europe, and other international markets through approximately 166 subsidiaries in 23 countries. In recent developments, the company launches Doosan Mottrol as a rebranded hydraulic components provider following its acquisition by Doosan Bobcat, completes a high-end FCCL plant in Gimje, South Korea to address demands in AI, 5G, and automotive sectors, announces plans to acquire SK Siltron for semiconductor wafer expansion after acquiring Tesna, signs a 20-year KRW 411.8 billion hydrogen fuel cell service agreement for a Ulsan power plant, resumes merger of Doosan Bobcat and Doosan Robotics with a revised ratio, and supports Doosan Enerbility's KRW 1 trillion gas turbine orders alongside its first nuclear decommissioning project at Kori Unit 1.