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Hanwha Vision

Hanwha Vision is a South Korean multinational corporation specializing in video surveillance and security solutions, offering AI-integrated cameras, storage systems, management software, and cloud-based platforms to enhance safety and operational efficiency worldwide. As a subsidiary of the Hanwha Group, it leverages advanced optical design, image processing, and cybersecurity technologies to maintain a leading position in the global market, ranking fifth in worldwide video surveillance market share excluding China and holding the largest share in South Korea. Originally established in 1990 within the Samsung Techwin division focused on precision mechanics, the company transitioned to security products following Hanwha Group's acquisition of the security business in 2014. It rebranded from Hanwha Techwin to Hanwha Vision in March 2023 to emphasize its expansion into broader vision solutions beyond traditional surveillance, including AI analytics and edge computing for sectors like retail, transportation, and public safety. In September 2024, Hanwha Vision listed on the Korea Exchange (KRX), followed by an absorption merger with Hanwha Industrial Solutions on January 1, 2025, with the merged entity retaining the Hanwha Vision name. With manufacturing facilities in South Korea and Vietnam, Hanwha Vision operates a global network supporting ten strategic markets and achieved revenue of approximately 1.48 trillion KRW (about $1.1 billion USD) in 2024, driven by innovations such as proprietary system-on-chip (SoC) solutions developed over two decades. The company's commitment to technological advancement is evident in its ISO 27001 certification for , achieved in 2023, underscoring 30 years of internal security practices to protect user data in an increasingly connected world. Hanwha Vision continues to innovate with products like the Wisenet series of network cameras and the SightMind cloud platform, positioning itself as a key player in and enterprise security ecosystems.

Overview

Founding and corporate evolution

The predecessor company to Hanwha Vision was established in 1977 as Precision Industries, initially concentrating on precision machinery and manufacturing. In the , the company underwent a renaming to Aerospace Industries, expanding its scope into and related technologies. By 2000, it adopted the name Techwin Co., Ltd., reflecting its broadened operations in advanced manufacturing sectors. The company's entry into the video surveillance market occurred in 1990 with the launch of its first surveillance camera, marking a pivotal shift toward technologies. This development laid the groundwork for its specialization in imaging and optics. In 2014, acquired a controlling 32.4% stake in Techwin, integrating it into the Hanwha portfolio alongside other defense and chemical assets. The following year, in 2015, the company was renamed Hanwha Techwin, solidifying its position within the group. Today, Hanwha Vision operates as a of Hanwha Corporation, with headquarters in , , and approximately 1,800 employees as of 2023.

Current operations and market position

As of 2025, Hanwha Vision operates as a dedicated provider of video and vision solutions, focusing on AI-integrated security systems for global markets. The company achieved annual exceeding 1 South Korean won in 2022, with consolidated reaching 1.48 KRW in 2024. In the first half of 2025, reached approximately 910 billion KRW. This growth reflects its emphasis on innovative imaging technologies amid a competitive landscape in the sector. Hanwha Vision holds a prominent market position in video surveillance, with a 12.2% share based on installer preferences in in 2024. The company's core business segments include physical security hardware, which forms the majority of operations; software solutions for video management; and emerging and vision applications for analytics and automation. With approximately 1,822 full-time employees, Hanwha Vision invests over 10% of its annual revenue in R&D to advance optical and capabilities. This in-house approach to optical and distinguishes it from competitors dependent on external suppliers, enabling proprietary advancements in image processing and hardware. Following its 2023 from Hanwha Techwin, the company has shifted toward broader vision solutions integrating beyond traditional .

History

Origins as Samsung Techwin (1977–2014)

Precision Industries was established in 1977 as a of the Group, initially specializing in the production of precision mechanical components for cameras, copiers, and industrial machinery. This founding laid the groundwork for the company's expertise in and , which would later become central to its operations. The company quickly grew by supplying high-precision parts to domestic and international markets, capitalizing on South Korea's burgeoning during the late . In the 1980s, the company expanded significantly into defense and sectors, renaming to Samsung Aerospace Industries in 1987 to reflect its new focus on advanced and systems. It developed early sensors and optical components for applications, including equipment and aircraft systems, establishing itself as a key supplier to South Korea's defense industry. This period marked the company's transition from component to integrated system , with the establishment of an in 1987 to drive in . By 2000, it had been renamed Samsung Techwin, broadening its portfolio to include precision engines and security-related . Samsung Techwin entered the video market in 1990 with the launch of its first analog color camera, leveraging its established optical expertise to address growing demand for solutions in . This move positioned the company as an innovator in hardware, with products emphasizing high-quality imaging for commercial and public applications. A major milestone came in 2008 with the introduction of the world's first 37x optical auto-focus PTZ camera, which set new standards for zoom capability and remote monitoring in expansive environments. In 2001, the company established its European subsidiary to support global expansion, enhancing distribution and R&D for products. Additionally, Samsung Techwin developed in-house technologies like the Winner III analog ISP chip in 2004, improving image processing for low-light conditions in systems. By 2010, Samsung Techwin had grown into one of the top global players in the analog market, holding approximately 4.5% market share and ranking second in the , with a particular emphasis on the region where it dominated through cost-effective, high-performance cameras. The company's focus on optical innovation and reliable hardware drove its success in sectors like , transportation, and public safety. This era of steady growth culminated in 2014, when acquired a controlling stake, marking a significant ownership transition.

Acquisition and growth under Hanwha (2015–2022)

In November 2014, Hanwha Group announced the acquisition of a 32.4% stake in Samsung Techwin for 840 billion Korean won (approximately $770 million), as part of a broader 2 trillion won ($1.8 billion) deal that also included Samsung General Chemicals, marking a strategic expansion into advanced manufacturing sectors. The transaction was completed in June 2015, after which Samsung Techwin was renamed Hanwha Techwin, integrating it fully into the Hanwha portfolio while leveraging synergies across the group's engineering and technology capabilities. This move allowed Hanwha to consolidate its position in precision machinery, with the defense and aerospace divisions of Hanwha Techwin later restructured and transferred to specialized Hanwha entities, such as the formation of Hanwha Aerospace in 2018 following a spin-off of the security business. Under Hanwha ownership, the company focused on advancing its division through , launching the Wisenet series of System-on-Chip () platforms between 2012 and 2018, beginning with the Wisenet 3 in 2013, which enabled superior high-resolution imaging and enhanced low-light performance in cameras. Subsequent iterations, including Wisenet Lite in 2015 and Wisenet 5 in 2017, further improved compression, analytics, and power efficiency, supporting the transition from analog to IP-based systems. These developments contributed to market leadership, with the Wisenet X series earning the No. 1 ranking in the 2017 Benchmark Innovation Awards for video , underscoring Hanwha Techwin's position as a top innovator in network cameras. To support global expansion, Hanwha Techwin established dedicated subsidiaries in , rebranding its U.S. operations as Hanwha Techwin America and its European arm as Hanwha Techwin Europe in April 2016, enhancing localized sales, support, and R&D capabilities. In response to growing data privacy and cybersecurity concerns, the company obtained ISO 27001 certification for its information security management system in 2018, with further global validations following in subsequent years. The security business experienced steady revenue growth to over $750 million by 2022, fueled by the shift to analog-to-IP solutions and increasing demand for intelligent video systems. The period was not without challenges; in , supply chain disruptions caused by the affected component availability and production, prompting Hanwha Techwin to accelerate its initiatives, including enhanced remote monitoring tools and cloud-based to maintain operational resilience.

Rebranding and strategic shift (2023–present)

On March 1, 2023, Hanwha Techwin to Hanwha Vision, marking a strategic pivot to position the company as a global provider of AI-driven vision solutions beyond traditional video , including integrations for smart cities and urban management systems. This built on the established Wisenet , emphasizing data-driven insights and operational efficiencies across diverse applications. Key milestones from 2023 to 2025 underscored this shift, with the launch of the X-series AI PTZ Plus cameras in July 2023, featuring advanced for real-time object and auto-tracking to enhance monitoring efficiency. In November 2023, the company's manufacturing facility surpassed cumulative production of 10 million units, reflecting scaled operations to meet global demand for vision technologies. In late 2023, the P-series cameras introduced WiseDetector analytics, enabling customizable for improved accuracy in identifying specific attributes like behaviors or items, earning industry recognition for innovation. In Q2 2025, Hanwha Vision launched the Wisenet 9 , its most advanced chipset to date, enhancing capabilities, image quality, and cybersecurity features. Strategic initiatives in further diversified the portfolio, including partnerships such as with Morphean for direct-to-cloud video solutions and LenelS2 for integrated , facilitating seamless cloud-based and remote . The company also expanded into non-security vision applications, such as industrial monitoring in manufacturing plants, where AI-powered cameras support , , and on factory floors. As of November 2025, Hanwha Vision prioritized cybersecurity enhancements across its lineup, implementing in all Wisenet 9 products to safeguard data transmission and storage against evolving threats. Looking ahead, Hanwha Vision's 2025 corporate outlook emphasizes sustained expansion through integration and , targeting alignment with the video surveillance market's projected 20% annual growth to drive innovations in and intelligent ecosystems.

Products and technologies

Video surveillance hardware

Hanwha Vision's video surveillance hardware portfolio centers on IP-based network cameras designed for diverse environments, emphasizing high-resolution and robust . The company's network cameras include the Q-series, which features dome, , and form factors suitable for small to medium-sized applications such as retail and banking. These models support up to at 30 frames per second, H.265 compression for efficient use, and (IR) illumination extending up to 65 feet for low-light visibility. Complementing the Q-series, the T-series offers bullet-style cameras tailored for mission-critical and specialty deployments, including and harsh conditions. These cameras provide resolutions from 2MP to 5MP, with features like weatherproofing (IP66 rating) and integrated analytics for . For instance, T-series bullet models enable detection in complete darkness or adverse visibility, identifying humans up to 135 meters away using QVGA sensors. Pan-tilt- (PTZ) cameras in Hanwha Vision's lineup deliver extended range monitoring, with the X-series including high- variants like the XNP-6550RH, which achieves 55x optical (4.75mm to 261.4mm ) for detailed over long distances. These PTZ models incorporate auto-tracking, a sensor for in windy conditions, and IR illumination up to 500 meters, all housed in IP66-rated enclosures for outdoor durability. The XNP-9300RW variant extends this with 30x optical and , supporting -20° tilt for horizon-overlook capabilities. Specialty hardware addresses niche requirements, such as cameras for zero-light detection and explosion-proof models for sites. offerings, like the TNO-4040TR, detect temperatures from -20°C to 130°C with radiometric precision, triggering alarms for anomalies in environments like oil refineries. Explosion-proof cameras, including the TNO-C8083E (5MP compact model) and TNU-6322E (2MP variant), use 316L housings certified for hazardous areas, ensuring safe operation in chemical plants or atmospheres. Hanwha Vision's manufacturing strengths lie in in-house lens production, utilizing proprietary optical designs to enhance low-light performance across its . This allows for custom glass formulations and technologies like AI-based in the Wisenet 9 chipset, which minimizes in extreme low-light conditions while preserving detail and color accuracy. Lenses are produced alongside camera assembly in facilities in and , ensuring and over 100 global lens patents. Prior to 2020, Hanwha Vision offered analog recorders (DVRs) like the HRD-440 (4-channel 4MP model), but these lines were phased out to focus on solutions. Current hardware integrates seamlessly with Wisenet software for comprehensive system deployment.

Software and AI analytics

Hanwha Vision's software ecosystem centers on the Wisenet , an open-platform video management system () designed for scalability and ease of integration in deployments. This supports up to 256 video streams per server on 64-bit processors, enabling efficient management of large-scale systems through multi-server configurations with built-in . It features an intuitive drag-and-drop interface for live and recorded video, customizable layouts, and with alert capabilities, while its lightweight footprint—under 130 MB—allows quick installation on various operating systems including Windows, , and macOS. Mobile applications for and provide remote access, allowing users to view streams and manage systems on the go. Integrated analytics enhance the Wisenet WAVE's functionality by processing video data at the edge to improve detection precision. The engine classifies objects such as humans and vehicles in , distinguishing them from environmental factors like shadows or animals to minimize irrelevant alerts. Behavioral within this framework include detection and line-crossing , enabling proactive responses to potential events in controlled areas. These capabilities extract searchable on object attributes, facilitating forensic searches and reducing operator workload. WAVE Sync extends the platform's reach through cloud connectivity, supporting hybrid deployments by enabling secure remote without complex . This service allows centralized of multiple systems via browsers, with features for sharing and permissions across distributed setups. The development of these software and elements traces back to advancements in Hanwha Vision's system-on-chip () technology, beginning with early integrations around 2020 that introduced to curb false positives from traditional motion-based systems. Subsequent iterations, including the Wisenet 9 launched in 2025, incorporate dual neural processing units for enhanced edge , further optimizing to reduce false alarms by filtering non-threat objects more effectively. This evolution builds on prior generations, prioritizing processing and image enhancement for reliable performance. Wisenet ensures broad interoperability through compliance, allowing seamless integration with third-party cameras, encoders, and platforms that adhere to profiles for features like PTZ control and audio streaming. Devices such as PTZ cameras serve as endpoints, feeding data into the software for unified management.

Integrated security solutions

Hanwha Vision offers integrated security solutions that combine with , , and recording systems to create comprehensive ecosystems for enhanced protection. These holistic platforms enable centralized , real-time event correlation, and scalable deployment across various environments. In , Hanwha Vision's Wisenet ACS software seamlessly integrates with biometric readers and door controllers, allowing users to monitor access events in real-time, open or close doors remotely, and bookmark incidents directly within the Video Management System () such as Wisenet or SSM. This integration supports unlimited access groups and mustering reports for efficient incident response. For applications, Hanwha Vision provides solutions for traffic monitoring and public safety, featuring (ANPR) technology. The serverless ANPR system achieves 95% accuracy in capturing number plates of vehicles moving at up to 50 km/h, facilitating efficient urban management without dedicated servers. Enterprise bundles incorporate NVR systems like the XRN series, which support 5 and 6 configurations for , ensuring reliable storage and capabilities across multiple hard drives to prevent video loss during failures. Customization is achieved through modular platforms tailored to specific verticals, such as for loss prevention via integrated that monitor customer behavior and detect in real-time, and for perimeter using cameras that deliver high-accuracy even in total darkness or adverse conditions. AI enhance detection in these integrated setups by providing proactive alerts for unusual activities across combined systems. Following the 2023 rebranding from Hanwha Techwin, Hanwha Vision has focused exclusively on professional security solutions.

Business operations

Global expansion and facilities

Hanwha Vision is headquartered in , , at 6, Pangyo-ro 319beon-gil, Bundang-gu, with this location serving as the central hub for its global operations and strategic decision-making. The company maintains key manufacturing facilities, including its Vietnam plant established in 2017 in Que Vo Industrial Park, Bac Ninh Province, which has achieved cumulative production exceeding 10 million units by late 2023 through efficient smart factory operations focused on environmental sustainability. As of the end of 2023, Hanwha Vision operates five subsidiaries and 16 branches or offices worldwide to support its international presence, with subsidiaries located in the United States (), (), the (), the (), and . Additional offices are maintained in countries including , , , , , , , , , and to facilitate regional sales, support, and distribution. The company's market distribution emphasizes strong performance in the , where it derives significant revenue through targeted sales in North and , alongside substantial contributions from and the , , and Africa (EMEA) regions. Hanwha Vision collaborates with major distributors such as Wesco and ScanSource to enhance its global reach, enabling efficient product delivery and customized security solutions for diverse markets. Hanwha Vision benefits from within the broader ecosystem, which provides control over the from design to and ensures reliable component sourcing for its solutions. This approach supports consistent on-time , streamlining project execution and maintaining supply chain resilience amid global demands. In recent expansions, the company has strengthened its operations through its UAE subsidiary in , established in , to address growing needs in projects and regional initiatives. The 2023 rebranding to Hanwha Vision has further aligned its global identity with advanced vision solutions.

Research, development, and innovations

Hanwha Vision maintains a robust research and development (R&D) framework, with its headquarters in , Gyeonggi-do, , serving as the central hub for global innovation efforts in video surveillance technologies. The company emphasizes in-house development of core components, including system-on-chip (SoC) architectures, to advance AI-driven solutions. This focus has enabled continuous improvements in image processing and , positioning Hanwha Vision as a leader in for security applications. A key aspect of its innovation strategy involves an extensive patent portfolio, with over 580 registered patents primarily in electric communication techniques, encompassing , , and systems. Notable advancements include adaptive (IR) technologies that enhance dynamic and low-light performance in cameras, as demonstrated in products like the PNO-A9092R series. Seminal developments trace back to the Wisenet lineage, evolving from early versions in 2008 to the Wisenet 7 in 2020, which introduced high-resolution . The pinnacle of this progression is the Wisenet 9 , launched in 2025, featuring a dual neural unit (NPU) design for analytics at the edge, enabling real-time and without cloud dependency. In 2025, Hanwha Vision anticipates integrating generative into its ecosystem for , allowing systems to generate insights from video data for proactive threat assessment and . These advancements build on collaborative efforts, such as partnerships with Systems to ensure seamless with video management software (), facilitating integrated AI workflows. The company's innovations have earned recognition through multiple industry awards, including the 2024 Analytics and Software Innovation award for its P-series AI camera capabilities and the Technological Innovation of the Year for the SolidEDGE AI camera. Such accolades underscore Hanwha Vision's high-impact contributions to AI-enhanced surveillance.

Sustainability and corporate responsibility

Hanwha Vision has integrated environmental into its manufacturing processes, with initiatives focused on reducing carbon emissions through the installation of solar panels at its Pangyo R&D Center and Vietnam facility, achieving an annual CO2 reduction of approximately 912 tons and supplying 17-24% of the Vietnam site's electricity from renewables. The company aims for ongoing improvements, targeting a 1% annual reduction in energy use, and has implemented measures such as efficient lighting and sensors, resulting in a 0.19 TJ reduction at its Vietnam subsidiary in 2024. Additionally, Hanwha Vision incorporates materials in its operations, achieving a 51.3% waste rate in 2024 and using over 50% cardboard in product packaging. In terms of , Hanwha Vision promotes through programs supporting women leaders and employees with disabilities, with female managers comprising 15% of the workforce in 2024. provides extensive occupational safety training, totaling 17,010 hours in 2024, toward its goal of becoming a "Risk Zero Company." includes donations and initiatives in , such as support for orphanages and schools in , contributing to broader social welfare efforts with total donations amounting to KRW 94.2 million in 2024. On governance, Hanwha Vision joined the in 2024, committing to its 10 principles on , labor, , and , and submits annual progress reports. The company conducts transparent audits, evaluating 67 key suppliers in 2024 with 44% rated A or higher, and enforces policies prohibiting the use of conflict minerals through supplier education and compliance monitoring. Cybersecurity is a core governance priority, with Hanwha Vision obtaining ISO 27001 certification in 2023 and maintaining an S-CERT team for ; the company conducts annual phishing simulations as part of ethical exercises and ensures compliance with standards including GDPR and NIST. Hanwha Vision publishes annual reports in line with GRI Standards, TCFD, and SASB frameworks, beginning in ; the report for the prior year highlighted a 0.11 reduction in through efficiency measures, with at 0.008 per KRW 100 million in . These reports undergo independent assurance and emphasize progress in environmental and social metrics.

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