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Hanwha Vision

From Wikipedia, the free encyclopedia
(Redirected fromSamsung Techwin)
South Korean electronics and security camera company
Hanwha Vision Co., Ltd.
Native name
한화비전
Company typePublic
IndustryPhysical security
Video surveillance
PredecessorSamsung Techwin
Founded1977; 48 years ago (1977) (as Samsung Precision)
2015; 10 years ago (2015) (as Hanwha Techwin)
Headquarters6, Pangyo-ro 319beon-gil,Bundang-gu,,
Area served
Worldwide
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
‹ ThetemplateInfobox Chinese/Korean is beingconsidered for deletion. ›
Hanwha Vision
Hangul
한화비전
Hanja
韓華비전
Revised RomanizationHanhwa Bijeon
McCune–ReischauerHanhwa Pijŏn

Hanwha Vision (Korean한화비전;RRHanhwa Bijeon), founded asSamsung Techwin, is a video surveillance company.[2] It is a subsidiary ofHanwha Group. The company employs 1,822 people and is headquartered inSouth Korea. Its total sales in 2020 were 529.8 billionSouth Korean won.

Before the acquisition by Hanwha, Techwin also developed and soldautomation,aeronautics, andweapons technology products. These businesses have since been spun off into dedicated Hanwha subsidiaries[3]Hanwha Precision Machinery,Hanwha Aerospace, andHanwha Land Systems.

History

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The company was founded as Samsung Precision in 1977, later renamed Samsung Techwin.[4] UnderSamsung, the company established a precision instrument laboratory in 1978, and started making cameras in 1979. In technical cooperation withGeneral Electric, it started manufacturingjet engines for Korean aircraft in 1980. Manufacture of 155 mm (6.1 in)self-propelled artillery began in 1984.

It changed its name toSamsung Aerospace (SSA) in 1987 and started to make helicopters. It acquiredRollei, a German camera manufacturer, and Union Optics of Japan, a manufacturer ofsemiconductor equipment. In 1996 it developed the SB427 helicopter withBell and began sellingdigital cameras branded as "Samsung Kenox" in 1997. The same year, it made the firstKF-16 fighter jet in Korea.

It handed over the firm's aircraft business toKorea Aerospace Industries in 1999 and changed its name to Samsung Techwin in 2000.

It exported theK-9 155 mm self-propelled artillery toTurkey. In 2005, the company marked first place in Korean digital cameras market share and started a technical co-operation withPentax.[5]

Samsung Techwin directly entered the European and North Americanclosed-circuit television/surveillance market in 2008 under its own name, featuring a line of true day/night cameras anddigital video recorders (DVRs). In 2009, the company introduced a new series of digital IP-based cameras andnetwork video recorders.

Samsung Techwin and its bigger sister companySamsung Electronics announced in October 2009 that in 2010 Samsung Electronics CCTV camera division would be unified with Samsung Techwin's CCTV camera division. In recent years both companies appeared on the CCTV market with lineups that shared some technological underpinnings but in many ways differed (including incompatible PTZ control protocols), and in many markets they were direct competitors with overlapping distribution channels. Although some earlier speculation existed in specialty literature that the new company would appear under the name Samsung Security, official announcement stated that the CCTV division from Samsung Electronics will be transferred to Samsung Techwin.[6]

In February 2014, Samsung Techwin presented its new portfolio of IP cameras for vertical markets at the International Security, Safety and Fire Exhibition (SICUR).[7]

In December 2014, Samsung Electronics announced the sale of its holding stake in its security division, Samsung Techwin, to South Korean conglomerateHanwha Group.[8]

On June 29, 2015, Hanwha completed the takeover and renamed it as Hanwha Techwin.[9]

In 2017, Hanwha Techwin has spun off its SMTpick-and-place machine business as Hanwha Precision Machinery.[10][11][12]

In 2018, Hanwha Techwin took part in theKorea International Boat Show 2018, which is one of Asia's top boat shows. Hanwha Techwin was the only global security corporation to participate at the marineleisure industry exhibition held inGoyang, South Korea atKINTEX. Hanwha Techwin exhibited the importance of safety at sea and demonstrated maritime security solutions.[13]

In November 2020, a new app for system integrators was announced. The app can be run on mobile devices and can be downloaded fromGoogle Play andApple App Store. It makes verifying that all devices are installed more conveniently and creates abill of materials to verify that an order has been fulfilled.[14]

On July 2, 2021, Hanwha Techwin announces five new models of the P Series AI Cameras. The Hanwha P Series AI Camera are a model ofsecurity cameras with video analytic technology. This technology is capable of detecting objects, such as people, vehicles, license plates, and faces, as well as classifying objects into categories such as age groups, gender, and colour.[15]

On March 1, 2023, Hanwha Techwin changed its name to Hanwha Vision.[16]

Products

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  • Surveillance:CCTV (Surveillance) systems, modules, Presenter, FRID,DVR, optical instruments, etc.

Former products

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Defense Industries – transferred toHanwha Defense

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Transferred toHanwha Aerospace

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  • Power Systems: Gas Turbines, Engines for helicopters, Refrigerant Compressors, Overhaul, etc.
  • Transportations: Samsung Techwin operates a few helicopter routes inside South Korea.[17]

Consumer electronics – transferred toSamsung Electronics

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See also

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References

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  1. ^"Company Information - Hanwha Techwin".
  2. ^SAMSUNG HongKong. Samsung.com (2010-01-01). Retrieved on 2013-07-12.
  3. ^Min-Hee, Jung (2017-04-27)."Hanwha Techwin to Spin off Defense, Energy, Industrial Equipment Business Units".BusinessKorea. Retrieved3 August 2018.
  4. ^"The History of Samsung (1938-Present)". at Lifewire.com, retrieved February 19, 2019.
  5. ^"Samsung Techwin". Archived fromthe original on 2006-07-16.
  6. ^Stock news.html[permanent dead link] at TradingMarkets.com
  7. ^Digital AV. “Samsung Techwin will present its new IP cameras for vertical markets in SICUR 2014.” Retrieved May 23, 2014.
  8. ^By Joel Griffin, Security Info Watch. “Samsung Techwin sold to S. Korean conglomerate.” December 1, 2014. December 10, 2014.
  9. ^The Korea Observer. "Hanwha wraps up takeover of four Samsung arms." June 29, 2016. Retrieved Feb 10, 2017.
  10. ^"Hanwha Precision Machinery - Hanwha".Hanwha.com.
  11. ^"Go to Hanwha Precision Machinery Homepage". 25 September 2017. Archived fromthe original on 25 September 2017.
  12. ^"Hanwha Precision Machinery".www.hanwhaprecisionmachinery.com.
  13. ^"Hanwha Techwin Demonstrates Maritime Security Solutions At Korea International Boat Show 2018".www.securityinformed.com. Retrieved2021-07-22.
  14. ^"Hanwha's new app makes life easier for systems integrators".www.securitysystemsnews.com. Retrieved2021-07-22.
  15. ^"Hanwha Techwin Unveils Five New Models Of P Series HD AI Cameras".www.securityinformed.com. Retrieved2021-07-22.
  16. ^"Hanwha Techwin changes name to Hanwha Vision".KED Global. Retrieved2023-03-23.
  17. ^Samsung TechwinArchived February 26, 2007, at theWayback Machine

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