Hanwha Precision Machinery

Kim Seung-Yeon, the Chairman of Hanwha Group, is signing a Plaque of Memorandum

for Hanwha Precision Machinery at the Hanwha’s Pangyo R&D Campus

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Kim Seung-Yeon, the Chairman of Hanwha Group, today visited Hanwha’s Pangyo R&D Campus in Gyeonggi-do, the company's advanced technology research and development center.

At this location, researchers create cutting-edge technologies for five companies of Hanwha Group affiliates: Hanwha Vision, Hanwha Aerospace, Hanwha Precision Machinery, Hanwha Power Systems, and VisionNext.

During his visit, Chairman Kim toured the individual laboratories of Hanwha Vision and Hanwha Precision Machinery, interacting with researchers and complimenting their continued success in creating industry-changing innovations.

"We must lead the global technology market with constant disruption and innovation," Chairman Kim said to the employees in attendance. "Innovative technology is the only key to unlocking the future."

To further emphasize his point, Chairman Kim signed the visitor’s book with the phrase, "Hanwha will create a better high-tech future."

The timing of this visit was significant, as it follows closely the recent formation of Hanwha Industrial Solutions. This new company was created through the spin-off of Hanwha Vision and Hanwha Precision Machinery from Hanwha Aerospace in August.

This is the second visit Chairman Kim has made to the Hanwha Pangyo R&D campus in 2024. Other factory and R&D center visits he’s made this year include Hanwha Aerospace‘s Changwon smart factory in May, Hanwha Robotics Research Center in April, and Hanwha Aerospace‘s Daejeon R&D Campus in March.

Yesterday, the Chairman was accompanied by Mr. Kim Dong-sun, Vice President and Head of Future Vision at Hanwha Vision. Mr. Kim has been leading Hanwha Vision's strategic planning since October.

As part of his role, he oversees the development of the company's future roadmap and global market expansion efforts, including identifying new growth opportunities through innovative technologies like robotics and artificial intelligence.

Together, Vice President Kim and Chairman Kim reviewed Hanwha Vision’s video surveillance technologies featuring state-of-the-art artificial intelligence and cloud innovations, including the company’s latest solutions for comprehensive logistics management, cybersecurity, industrial site monitoring, and real-time monitoring with high-resolution 8K cameras

Messages from employees at overseas subsidiaries were also shared. The company is making great strides in global markets.

"Thanks to the company's consistent investments in future technologies such as AI and cloud, we are growing every year," said an employee at Hanwha Vision America. "And we will finally become the number one vision solution provider in the world."

In response, Chairman Kim said, "I would like to thank Hanwha Vision employees for their challenging spirit and enthusiasm, which have led to our continued performance in the global security market. I ask them to continue to work hard to strengthen our global competitiveness."

Chairman Kim also commented on how the company’s manufacturing and supply chain excellence continues to deliver a significant competitive advantage for Hanwha Vision, highlighting the recent achievements of the company's main production base in Vietnam.

The Vietnamese subsidiary, which sells products to North America, Europe, and other parts of the world, achieved the milestone of producing its 10 millionth unit in October 2023, just five years after opening.

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The Importance of Semiconductor Innovation

Another big event for the day was at the semiconductor equipment research lab at the Hanwha Precision Machinery. The TC (Thermal Compression) Bonder, that has been a talk of the market for the past couple of weeks, has been presented for a demonstration. TC Bonder is one of the core manufacturing process equipment, especially for HBM (High Bandwidth Memory). Hanwha Precision Machinery has been working closely with global leading IDMs (Integrated Device Manufacturers) to secure its position in the advanced packaging market.

"Semiconductor is the key industry for our country, as it demonstrates technical leadership in the global market," said Chairman Kim. "Remember and be proud that you are contributing to build nation’s competency with your work."

“The future is within reach”

Following the technical site inspection, Chairman Kim hosted a luncheon in the cafeteria. He was joined by Vice President Kim and researchers from the R&D Center and the Semiconductor Equipment Division.

The employees shared their recent experiences and the future they would like to see with the Chairman.

After listening to the voices of the employees, Chairman Kim said, "I’m encouraged by the progress I’ve seen today at this technology development site. Our dreams are closer to becoming a reality."

He encouraged them to continue to lead the future of technology, highlighting the company's recent achievements in the global market and encouraging them to invite him to participate in the upcoming global events.

"It was a big encouragement for us to meet the chairman and see him listening to every word we shared from the field,” said Myung-Soo Lee, a senior semiconductor engineer at Hanwha Precision Machinery, who attended the luncheon. "We will continue to focus on developing new technology to create a concrete ground for our business in the global semiconductor equipment market."

Newly formed Hanwha Industrial Solutions “key to the group's future”

Hanwha Vision and Hanwha Precision Machinery were spun-off from Hanwha Aerospace in August. It has become 100% subsidiary of Hanwha Industrial Solutions, which went public on the last day of September.

Hanwha Industrial Solutions is expanding its market with new technology for security and advanced manufacturing solutions. The companies are focusing on creating new products based on AI (Artificial Intelligence) and advanced packaging equipment; such as TC Bonder and Hybrid Bonder.

At the event with the Chairman, Hanwha Vision and Hanwha Precision Machinery announced their goals. Hanwha Vision announced their goal “to become world’s number one in smart vision solution provider”, while Hanwha Precision Machinery declared “to become a global top tier semiconductor manufacturing solution creator 2030”.

“You are the core talents who will lead the group's bright future in the global market,” said Chairman Kim, pledging continued investment and support for developing advanced technologies at Hanwha's Pangyo R&D campus.

Kim Seung-Yeon, the Chairman of Hanwha Group, is taking a picture to celebrate his visit

to the Hanwha’s Pangyo R&D Campus with employees.​