Hana Electronics, one of the few DPRK-foreign joint venture companies in Pyongyang, has recently expanded the facilities at its headquarters, it said on its home page.

The company is held equally by the commercial arm of North Korea’s Ministry of Culture and Phoenix Commercial Ventures, and was established in 2003. It began manufacturing DVD and Video CD players in 2004, according to the company’s website.

The company began construction work on a headquarters building south of the Taedong River in the same year. The building is located just to the south west of the Tongil Market and Hana Electronics moved into the More >