Hanwha Corporation was the first Hanwha Group company to be established. Since our foundation in 1952, we have grown into a diversified manufacturing and trading company serving the global marketplace.
Hanwha Corporation’s Explosives Division was the first localized producer of dynamite in 1959. This enabled us to emerge as a leading supplier of explosives for industrial use and fire processed articles that are safe and reliable. We lead differentiated services and businesses, such as our chemical business, which manufactures and distributes material inputs for explosives, our cladding business, which deals in composite materials, and our fireworks event promotion business. Recently, we began to promote the globalization of our commercial explosives, securing a mine servicing contract in Indonesia and exporting a plant to Vietnam. We aim to expand our market presence in key markets such as Australia, and in emerging markets throughout Central and South America, and Central Asia.
Since 1974, Hanwha Corporation’s Defense Division has been a key private sector participant in the Korean government’s defense industrialization program, localizing weapons systems that contribute to Korea’s independent defense capacity. We have also carried out guided weapons and precision munitions projects and spearheaded the advancement of key components such as navigation systems and sonar sensors. We are committed to developing technologies for unmanned systems to be prepared for future combat imperatives.
In 2015, Hanwha Group acquired Samsung Thales and Samsung Techwin. They have been renamed as Hanwha Systems and Hanwha Techwin, respectively, and the acquisitions helped position us as the largest defense manufacturer in Korea.
Hanwha Corporation’s Trading Division plays a critical role as the backbone of the Group’s global sales, operating through a network of eight trading corporations, nineteen branches, and five resource development branches. We source and deliver world-class value encompassing oil, petrochemicals, construction materials, steel, food, paper, machinery, automobile and heavy equipment, coal, solar modules, and defense equipment. We use our trading expertise to continue to make investments to expand our value chain, while also developing new growth engines and business models, including overseas reforestation projects, agriculture businesses, and real estate development.
Established in 1953, Hanwha Corporation’s Machinery Division is a leading manufacturer of global machine equipment with its proprietary technologies in heat treatment, automation, and precision processing. We have always pursued innovation and independent technology development, enabling us to manufacture and sell industrial furnaces, factory automation systems, powertrain assembly, and CNC automatic lathes. We are now expanding our business to aerospace components and solar cell assembly. The machinery business has made great strides towards becoming a global technology and mechatronics leader by strengthening competitiveness in existing businesses, exploring new growth engines, and expanding our global presence.
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Our businesses now span the manufacturing, construction, finance, services and leisure industries.
Through the integration of our growing number of affiliate enterprises worldwide, we are harnessing the power of sustainable, quality growth to continually increase the value we bring to our customers.
- Hanwha Techwin Hanwha Techwin was formed by strategic acquisition in 2015. Hanwha Group plans to maximize the synergy between the company and other precision mechatronics and aerospace affiliates, helping us to create an industrial conglomerate with a diverse range of business lines that includes precision machinery, electronics parts assembling equipment, energy equipment, semiconductor parts, and self-propelled howitzers. We have already succeeded in broadening our portfolio to security, energy/industrial equipment and the aerospace industry, and also leveraged our technological edge to enter the robot control market.
- Hanwha Systems Hanwha Systems is a total solution provider of defense electronics. The origins of Hanwha Systems were established in 1978, and since then Hanwha Systems has grown to become one of the leading companies contributing to the self-defense capabilities of the Republic of Korea, with advanced technologies for highprecision electronics and information & communications.
- Hanwha Defense Systems Hanwha Defense Systems was founded as Chosun Machine Works in 1937, and its defense business was established in 1973 under the name Korea Machinery Industries Corp. Relaunched as Hanwha Group's subsidiary company in June 2016,