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Hanwha Vision

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Hanwha Vision Co., Ltd.
Native name
한화비전
Company typePublic
IndustryPhysical security
Video surveillance
PredecessorSamsung Techwin
Founded1977; 49 years ago (1977) (as Samsung Precision)
2015; 11 years ago (2015) (as Hanwha Techwin)
Headquarters6, Pangyo-ro 319beon-gil, Bundang-gu,
Seongnam-si, Gyeonggi-do
,
South Korea
Area served
Global
Key people
Soon-hong Ahn (President & CEO)
Revenue529.8 billion ₩ (2020)
Number of employees
1,822[1] (2020)
ParentHanwha Group
WebsiteOfficial website in English
Official website in Korean

Template:Infobox Korean name

Hanwha Vision (Template:Korean), originally established as Samsung Techwin, operates in the video surveillance sector.[2] This company functions as a subsidiary under the umbrella of the Hanwha Group. Headquartered in South Korea, it employs a workforce of 1,822 individuals. The firm's revenue reached 529.8 billion South Korean won in the year 2020.

Prior to becoming part of Hanwha, Techwin was engaged in the development and sales of products related to automation, aeronautics, and weapons technology. These operations have since been separated into specialized subsidiaries within Hanwha’s portfolio[3], including Hanwha Precision Machinery, Hanwha Aerospace, and Hanwha Land Systems.

History

Originally established in 1977 under the name Samsung Precision, the company later adopted the name Samsung Techwin. In 1978, as part of the Samsung group, it launched a precision instrument research facility and began camera production the following year. By 1980, through technical collaboration with General Electric, the company commenced manufacturing jet engines for Korean aircraft. Production of 155 mm self-propelled artillery units started in 1984.

In 1987, the firm rebranded as Samsung Aerospace (SSA) and expanded its product line to include helicopters. It also acquired Rollei, a German camera manufacturer, alongside Japan’s Union Optics, a producer of semiconductor machinery. In 1996, Samsung Aerospace co-developed the SB427 helicopter with Bell Helicopter Textron and introduced digital cameras under the "Samsung Kenox" brand in 1997. That same year marked the production of Korea’s first KF-16 fighter jet.

The company transferred its aircraft manufacturing division to Korea Aerospace Industries in 1999 and reverted to the Samsung Techwin name in 2000.

Samsung Techwin exported its K-9 155 mm self-propelled howitzer to Turkey and secured the leading market share for digital cameras in Korea by 2005. During this period, it initiated a technical partnership with Pentax.

In 2008, Samsung Techwin directly entered the European and North American markets for closed-circuit television (CCTV) and surveillance products under its own brand, offering true day/night cameras and digital video recorders (DVRs). The following year saw the launch of an advanced series of IP-based digital cameras and network video recorders (NVRs).

October 2009 brought an announcement from Samsung Techwin and its larger affiliate, Samsung Electronics: in 2010, Samsung Electronics’ CCTV camera division would merge into Samsung Techwin’s CCTV business. Prior to this consolidation, both entities competed within overlapping markets with differing technologies—such as incompatible PTZ control protocols—and distribution channels. Despite earlier speculation that the merged unit might be named Samsung Security, official statements confirmed that Samsung Electronics would transfer its CCTV division to Samsung Techwin.

At the International Security, Safety and Fire Exhibition (SICUR) in February 2014, Samsung Techwin showcased its latest portfolio of IP cameras designed for specialized vertical markets.

In December 2014, Samsung Electronics declared it would sell its ownership stake in Samsung Techwin’s security division to Hanwha Group, a major South Korean conglomerate.

Hanwha completed the acquisition on June 29, 2015, subsequently renaming the company Hanwha Techwin.

By 2017, Hanwha Techwin spun off its SMT pick-and-place machine operations into a separate entity called Hanwha Precision Machinery.

Hanwha Techwin participated in the Korea International Boat Show in 2018—one of Asia’s premier marine exhibitions—held at KINTEX in Goyang, South Korea. As the sole global security firm present at this marine leisure industry event, Hanwha Techwin emphasized maritime safety and demonstrated its marine security solutions.

In November 2020, Hanwha Techwin launched a new mobile application tailored for system integrators. Available via Google Play and Apple App Store, this app facilitates easier verification of device installations and generates bills of materials to confirm order completion.

On July 2, 2021, Hanwha Techwin introduced five new models within its P Series AI Cameras lineup. These security cameras incorporate advanced video analytics capable of detecting various objects—including people, vehicles, license plates, and faces—and classifying them by attributes such as age group, gender, and color.

Most recently, on March 1, 2023, Hanwha Techwin underwent a rebranding to become Hanwha Vision.

Products

  • Surveillance: Includes CCTV (surveillance) systems, modules, Presenter devices, FRID technology, DVR units, optical equipment, and related products.

Defense Sector – assets moved to Hanwha Defense

Transferred to Hanwha Aerospace

  • Power Systems: Gas turbines, helicopter engines, refrigerant compressors, maintenance services, among others.
  • Transportation: Samsung Techwin managed several helicopter routes within South Korea.[4]

Consumer Electronics – handed over to Samsung Electronics

See also

References

  1. ↑ Lua error in Module:Citation/CS1/Configuration at line 2123: attempt to index field '?' (a nil value).
  2. ↑ SAMSUNG HongKong. Samsung.com (2010-01-01). Retrieved on 2013-07-12.
  3. ↑ Lua error in Module:Citation/CS1/Configuration at line 2123: attempt to index field '?' (a nil value).
  4. ↑ Samsung Techwin Archived February 26, 2007, at the Wayback Machine

External links

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