2021 Hanwha’s Year in Review
December 9, 2021 (KST)
Delve into Hanwha’s most captivating and inspiring stories throughout this past year.
Meaningful investments, groundbreaking innovations, and paradigm-shifting green practices—it’s all here.
Top 10 for the year
Discover why these stories became Hanwha’s most-read in 2021
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Prepare for Takeoff: Hanwha Puts UAM in the Driver’s Seat of Urban Sustainability
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The Future is Now for Clean, Green Hydrogen
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How Hanwha’s Sustainability Philosophy was Reflected in the Renovation of its Headquarters Building
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HCR Advanced is Your Newer, Smarter, Handier Assistant
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How Hanwha Techwin’s AI-Powered High Resolution Surveillance Technology Makes Cities Smarter and Safer
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Hanwha’s Space Business Leaps Forward with Announcement of Investment in Satellite Company OneWeb
Editor’s Picks
Enjoy a curated selection of standout moments in 2021
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Hanwha Outlines Path for ‘Measurable Progress’ Against Climate Change at 2021 P4G Seoul Summit
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Six Financial Divisions Announce Coal-Free Commitment
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Related Affiliates
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Hanwha Solutions
Hanwha Solutions is a newly formed corporation with the merger of Hanwha Chemical, Hanwha Qcells, and Hanwha Advanced Materials in January of 2020. Hanwha Solutions operates in three business areas: chemicals, total energy solutions, and advanced materials.
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Hanwha Aerospace
Hanwha Aerospace began operations in 1977, producing aircraft engines and film cameras. Since then, it has aggressively invested in R&D to grow into a major presence within the aircraft/gas turbine engine industry. Hanwha Aerospace’s dramatic evolution was made possible by the successful development of industry leading and proprietary technologies that give it the competitive edge needed to succeed around the world. In addition to technological advancement, Hanwha Aerospace also focuses on developing industry expertise and the ability to comprehensively address changing market demands as well as the ability to anticipate future market shifts.
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Hanwha Systems
As a leading global total solutions company, Hanwha Systems provides differentiated smart technologies in defense ICT and information infrastructure. In August 2018, we launched the new ICT division through the merger with Hanwha S&C. Our ICT division will enable us to increase our leadership in defense electronics by leveraging advanced defense IT and system integration capabilities. And by strengthening our SI business competencies, we will be able to expand into areas of public infrastructure and private security.
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Hanwha Energy
Established in 2007, Hanwha Energy is a comprehensive energy solutions company. We operate cogeneration plants that provide a stable supply of high-quality electricity and ultra-high-pressure steam to companies in national industrial complexes in South Korea. By providing readily available power, our plants improve the competitive advantage of our off-takers. Our cutting-edge technology consistently complies with South Korean government requirements for energy efficiency and greenhouse gas emissions reduction.
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Hanwha Vision
Hanwha Vision provides optimal security solutions for different industries, with our full lineup of products ranging from CCTV and storage devices to integrated management software. Based on 30 years of experience and best technology in the field of optical and video processing, we are able to satisfy diverse customer needs with excellent product lineup, while maintaining a global top-tier status with advances in R&D that meet the changes in housing and industrial paradigms. With production facilities in China, Vietnam and in Korea, Hanwha Vision manufactures 2.7 million video surveillance devices. Our service network covers Europe, the Americas, the Middle East, China and Asia and 76 percent of our sales come from our overseas markets.
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Hanwha Life
Established in 1946, Hanwha Life is a leading life insurance company that is both the first and the oldest in South Korea. Early on, we played a critical role in developing the insurance industry and the country’s economic growth.
In 2017, we expanded but made sure to stay structurally sound. We reported total assets of USD 102.96 billion. At the end of 2017, we achieved a 206.4 percent risk-based capital (RBC) ratio, demonstrating the soundness of our asset quality. Our strong credit ratings from both domestic agencies and abroad attest to our creditworthiness. We have received sterling AAA credit ratings from South Korea’s top rating agencies for the past eleven years. From abroad, we received global credit ratings of A1 from Moody's and A+ from Pitch international credit rating agencies.
