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- Hanwha Techwin Tianjin On April 15th, 2017, Hanwha Techwin Tianjin conducted a teambuilding event where participants hiked Tianyun Mountain in Beijing. A total of 260 employees climbed together to reach the 1149 meter Lianhua peak. The company hosts events like this every year to encourage physical and mental fitness and to provide employees an opportunity to interact with their colleagues. The team plans to host a similar event in the second half of 2017.
- Hanwha Group Group Holds Opening Ceremony of Shanghai Integrated Office in China
Hanwha Group has been accelerating the pace of global management over the past years, operating in various industries across borders, including solar, chemical, materials, and finance. Shanghai has long been the strategic stronghold of the Group’s global business with the highest number of affiliates being based in the city. The Group In this important market, the Group recognized the need to fully integrate the offices of the eight subsidiaries and representatives in the region, and after a year of preparation, the effort has finally born fruit.
On the 24th of April, the opening ceremony for the Group’s Shanghai Integrated Office was held in Shanghai, China’s economic hub. The office is based in the Puxi region, west to the Huangpu River that cuts across through Shanghai. A total of 149 employees working for eight affiliate subsidiaries and representative offices, including those of Hanwha Chemical, Hanwha Q CELLS, Hanwha Techwin, Hanwha Foodist, Hanwha Corporation/Trade, Hanwha Advanced Materials, and Galleria Duty Free, are working at the New Caohejing International Business Center, occupying two floors 3,354㎡ in area.
The Shanghai Integrated Office not only signifies a physical integration of the office spaces of affiliates operating in eight different trades but also is expected to create synergy through inter-affiliate cooperation and collaboration in an extensive scope of work, such as management, government relations, and sales.
- Hanwha Q CELLS GmbH Driven by R&D, Hanwha Q CELLS Sets New Milestones
Hanwha Q CELLS and 1366 Technologies have reached yet another milestone in their R&D partnership which is already in its second year. The partnership has yielded a number of outstanding products. One of the products was piloted at the Hanwha Q CELLS’ Global R&D center in Germany – an optimized solar cell called Direct Wafers that sets a new standard in cell efficiency.
The US firm 1366 Technologies invented this technology by crystallizing wafers directly from molten silicon instead of casting it into large ingots and then slicing them into wafers. Hanwha Q CELLS then applied its proprietary Q.ANTUM cell process in order to turn the Direct Wafers into highly efficient solar cells. The vision of both partners was to reach and exceed the standard levels of wafers in terms of efficiency, reliability, and manufacturability while being cost competitive. They succeeded.
“We have improved cell efficiency by more than 1.8%, bringing us to overall efficiencies of around 19.5%. And in early 2017, by using the 6-busbar-technology, we achieved even higher efficiency at 19.9%, confirmed by the Fraunhofer ISE institute,” said Dr. Kai Petter, project leader at Hanwha Q CELLS´s center for Technology, Innovation & Quality in Germany.
- Hanwha Corporation Hanwha Corporation Reveals Four Major Machine Tool Products in China
From April 17th to the 22nd, Hanwha Corporation participated in the China International Machine Tool Show (CIMT) 2017 in Beijing to reveal four XD series automatic lathe products (XD12II-H, XD20M, XD26N, and XD35N). The CIMT is one of the largest machine tool conventions in the world and this year’s event was attended by a total of 1,600 companies from 30 different countries.
Hanwha Corporation’s XD26N and XD35N can manufacture industrial components for in several industries including the automobile, electricity and electronics industries. On the other hand, XD12II-H is an optimized solution for high precision and productivity, intended for the small components market.
The CIMT was a great opportunity for Hanwha Corporation to create awareness for its products to potential clients in the Chinese market. Hanwha was also able to demonstrate the drone part manufacturing process using the XD35N, drawing attention from affiliates in the rapidly expanding Chinese drone market.
Hanwha Corporation officially entered the Chinese machine tool market back in 2003 and established a local production facility in November 2013. Since then, the company has been focusing on the production of its bestselling XD20/26/35 series and XP12/16/20 models.
- Hanwha Chemical (Thailand) Co., Ltd. On April 12th, 2017, Hanwha Chemical (Thailand) commemorated the New Year with a day of fun, dressed up in colorful Thai garb and engaged in traditional Songkran activities.
Songkran is Thailand’s festival to celebrate the New Year. The festival takes place from April 13th to the 15th every year and is kicked off with a visit to the local temples. Participants then splash water on one another to symbolize purification and the washing away of sins. During the festival, all major streets are closed to traffic so people can celebrate on the streets.
- Hanwha Life Vietnam On March 16, 2017, Nam Gyu Cha, the CEO of Hanwha Life, paid a visit to Hanwha Life Vietnam during his trip to South East Asia. At the Hanwha Life Vietnam office, Cha received reports on the state of the business in Vietnam. Mr. Cha also had lunch with the board of directors, sales management division and agency directors. His presence was a great encouragement to the staff and agents at Hanwha Life Vietnam.
- Hanwha Techwin Hanwha Techwin Advanced into Vietnam with its Security Business
On April 20th, 2017, Hanwha Techwin held a ground-breaking ceremony for its new subsidiary office in Vietnam.
The new office will be established in Bac Ninh Province, 35km northeast of Hanoi. This location is ideal from both a logistics and manpower standpoint. Hanwha Techwin plans to complete construction of the 60,000㎡ facility by December 2017. The production line and testing facilities are expected to be finalized in the first half of 2018. In the second half of 2018, Hanwha Techwin will begin mass production of its security products including security cameras and recording devices.
Hanwha Techwin has invested more than $100 million USD to build this new subsidiary office but the project would not be successful if not for the help of the local Vietnamese government and labor force from the region’s flexible labor market. Hanwha was also able to secure its logistics channels for import and export through various transportation networks.
With this investment, Hanwha Techwin will be able to increase production and be cost competitive so it can expand into the fast-growing Southeast Asian market. Hanwha Techwin is seeking to be a global leader in the security industry.