- CEO
- Gimgi-Cheol Kim
- Full Time Employees
- 1,060
- Sector
- Electronic technology
- Industry
- Telecommunications equipment
- Address
- Seongnam-si South Korea
- IPO Date
- Sep 27, 2024
- Business
- Hanwha Vision Co., Ltd. is a South Korea-based provider of video surveillance, optical imaging, and artificial intelligence-driven vision solutions. The company designs, develops, and distributes a comprehensive portfolio of security and vision technologies, comprising network video surveillance cameras, including high-resolution dome, bullet, box, multi-directional, pan-tilt-zoom (PTZ), explosion-proof, and radiometric thermal cameras; recording and storage hardware, including network video recorders (NVRs), digital video recorders (DVRs), and enterprise-grade storage servers; proprietary semiconductor chipsets, including Wisenet system-on-chip (SoC) processing engines; video management software (VMS), including the Wisenet WAVE management platform; cloud-based security solutions, including Hanwha Vision Cloud and OnCloud video surveillance as a service (VSaaS) platforms; AI video analytics applications, offering automated object detection, vehicle classification, license plate recognition (LPR), facial attribute recognition, perimeter protection, and retail business intelligence; and auxiliary security systems, including network audio, intercoms, and access control integrations. The company distributes its products worldwide across North America, Europe, Asia-Pacific, Latin America, and the Middle East, serving commercial enterprises, government agencies, transportation infrastructure, industrial facilities, healthcare institutions, and retail sectors. Originally established in 1977 and formerly operating as Hanwha Techwin, the company is headquartered in Seongnam-si, Gyeonggi-do, South Korea, and operates as a core business of Hanwha Industrial Solutions Co., Ltd. (KRX: 489790). In recent strategic developments, the company officially rebranded from Hanwha Techwin to Hanwha Vision in March 2023 to signal its strategic pivot toward AI- and cloud-centric vision solutions. In September 2024, Hanwha Group finalized the corporate spin-off of its security and industrial equipment operations from Hanwha Aerospace into the newly formed holding company Hanwha Industrial Solutions Co., Ltd., listing on the Korea Exchange under ticker 489790 with Hanwha Vision as a key operating entity. Recent operational expansions include the commercial launch and international expansion of its OnCloud VSaaS subscription platform, the introduction of next-generation edge-AI camera architectures with advanced cybersecurity certifications, and ongoing investments into open-platform AI vision analytics for smart city and enterprise automation applications.