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Hanwha Techwin Co., Ltd

Company Profile Analysis

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Hanwha Techwin Co., Ltd - Semiconductor showcase

Year Founded & Workforce

1977

4,334 Employees

Industry

Semiconductor

Services

Video Surveillance
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Hanwha Techwin Co., Ltd Overview

Company Global Headquarters: South Korea

Founded: 1977

Workforce: ~4,334

Company Overview: Hanwha Techwin, currently called Hanwha Aerospace, (Hanwha) belongs to the parent organization Hanwha Group. It currently engages in the business of aircraft engines, security, gas turbine engine, energy equipment, and industrial machinery. The company offers total security solutions including optical design, manufacturing, and image processing technologies. The company has been in video surveillance business for almost 25 years after launching its first video surveillance camera in 1991. The company offers a complete line of security solutions from CCTV to integrated management software and video recorders. The company’s product lines are designed to meet the requirements of urban surveillance, transportation, banking, and retail. The company operates globally in the regions of Korea, the United States, Asia, and Europe.

Strategy

Hanwha heavily invests in research and development to meet the changing market needs. The company continuously makes development in its products to create a comprehensive range of security solutions. The operates through its strong sales network across North America, Europe, Asia Pacific, and the Middle East.

Company Snapshot

$2,370M

Revenue

4,334

Employees

1977

Founded

SWOT Analysis

Strengths

  • Global distribution partners
  • Diversified product portfolio
  • Strong research & development
  • Wide Sales Network

Weaknesses

  • Limited number of workforce

Opportunities

  • Intelligent security management and access control

Threats

  • Intense competition
  • Foreign currency exchange rate fluctuations

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Key Developments

DateApproachDevelopment
––Hanwha Techwin has launched three radiometric thermal cameras that can be used in perimeter and border monitoring including military operations. With this launch, the company expanded and strengthened its position in global Video surveillance market.
––Hanwha Techwin singed a global partnership agreement with Oxehealth. Under this partnership, Hanwha Techwin provides its high-resolution network camera to help Oxehealth develop its remote healthcare monitoring solution.

Product Offering

  • Hanwha Techwin Co., Ltd
    • Video Surveillance

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Revenue rose from USD 2.4 Bn in 2014 to USD 4 Bn in 2018.
Hanwha Techwin Co., Ltd — By Business Segment
Series (USD Bn)20142015201620172018
Revenue2.42.22.93.94

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