Who We Are

Through sustained efforts for increased corporate competitiveness and technological innovation,
Hanwha Corporation has continued its growth into a global company with the world's leading
technological expertise and competitiveness.
  • History

  • TIMELINE VISUALIZATION
  • With our continued efforts to sharpen our corporate competitiveness and innovate our management practices,
    we are growing into a leading global player through our top-notch technical expertise.
    Please refer to the timeline below to take a quick glance at our growth story, which has been closely aligned
    with the rapid emergence of the South Korean economy.
  • START

TIMELINE VISUALIZATION
  • 1950 - 1979
  • The Formative Years, Hanwha’s Emergence
  • Please refer to the timeline below to take a quick glance at our growth story,
    which has been closely aligned with the rapid emergence
    of the South Korean economy.
  • VIEW
  • 1980 - 1999
  • The Years of Expansion, Upgrading
    Hanwha's Business Portfolio
  • Please refer to the timeline below to take a quick glance at our growth story,
    which has been closely aligned with the rapid emergence
    of the South Korean economy.
  • VIEW
  • 2000 - Present
  • The Years Ahead, Striving Toward New Dreams
  • Please refer to the timeline below to take a quick glance at our growth story,
    which has been closely aligned with the rapid emergence
    of the South Korean economy.
  • VIEW
  • 1950 - 1979
  • The Formative Years,
    Hanwha’s Emergence
  • 1952.06
  • Jong Hee Kim, Founder of Hanwha Group,
    acquired Joseon Gunpowder Joint Market
  • 1950 - 1979
  • The Formative Years,
    Hanwha’s Emergence
  • 1952.10
  • Founded Korea Explosives
    (currently Hanwha Corporation)
  • 1950 - 1979
  • The Formative Years,
    Hanwha’s Emergence
  • 1955.10
  • Acquired a power plant operated
    in Incheon by Chosun Oil and Fat Company
  • 1950 - 1979
  • The Formative Years,
    Hanwha’s Emergence
  • 1957
  • Succeeded in domestically
    producing dynamite
  • 1950 - 1979
  • The Formative Years,
    Hanwha’s Emergence
  • 1964.01
  • Acquired Shinhan Bearing Industrial
  • 1950 - 1979
  • The Formative Years,
    Hanwha’s Emergence
  • 1978.08
  • Completed construction of Yeosu Plant
  • 1980 - 1999
  • The Years of Expansion, Upgrading
    Hanwha's Business Portfolio
  • 1981
  • Hanwha's 2nd Chairman, Seung-youn Kim,
    took office
  • 1980 - 1999
  • The Years of Expansion, Upgrading
    Hanwha's Business Portfolio
  • 1987.07
  • Acquired Daejeon Plant
  • 1980 - 1999
  • The Years of Expansion, Upgrading
    Hanwha's Business Portfolio
  • 1988.01
  • Hankook Plastics Industrial merged into
    Hanyang Chemical
  • 1980 - 1999
  • The Years of Expansion, Upgrading
    Hanwha's Business Portfolio
  • 1998.10
  • Established FAG-Hanwha Bearings
  • 2000 - Present
  • The Years Ahead,
    Striving Toward New Dreams
  • 2000.10
  • Hosted the 1st Seoul
    International Fireworks Festival
  • 2000 - Present
  • The Years Ahead,
    Striving Toward New Dreams
  • 2006.10
  • Relocated Incheon Plant to Boeun
  • 2000 - Present
  • The Years Ahead,
    Striving Toward New Dreams
  • 2007
  • Announced the new CI “Hanwha TRIcircle”
  • 2000 - Present
  • The Years Ahead,
    Striving Toward New Dreams
  • 2007
  • Designated as a national defense contractor
    for the nation's Chunmoo rocket system
  • 2000 - Present
  • The Years Ahead,
    Striving Toward New Dreams
  • 2008
  • Opened the Hanwha Human Resources
    Development Center
  • 2000 - Present
  • The Years Ahead,
    Striving Toward New Dreams
  • 2008.04
  • Integrated Gumi and Changwon Plants
  • 2000 - Present
  • The Years Ahead,
    Striving Toward New Dreams
  • 2009.11
  • Opened the Hanwha Historical Museum
  • 2000 - Present
  • The Years Ahead,
    Striving Toward New Dreams
  • 2013.07
  • Launched Hanwha Mining Services
  • 2000 - Present
  • The Years Ahead,
    Striving Toward New Dreams
  • 2014.10
  • Acquired Hanwha TechM
    (currently Hanwha Corporation/Machinery Division)
  • 2000 - Present
  • The Years Ahead,
    Striving Toward New Dreams
  • 2014.11
  • Signed agreements for the acquisition of
    Samsung Techwin and Samsung Thales
  • 2000 - Present
  • The Years Ahead,
    Striving Toward New Dreams
  • 2015.06
  • Launched Hanwha Techwin and Hanwha Thales
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The Formative Years,
Hanwha’s Emergence
1950 - 1979
  • Jun. 1952Jong Hee Kim, Founder of Hanwha Group, acquired Joseon Gunpowder Joint Market
  • Oct. 1952Founded Korea Explosives (currently Hanwha Corporation)
  • Oct. 1955Acquired a power plant operated in Incheon by Chosun Oil and Fat Company
  • 1957Succeeded in domestically producing dynamite
  • Jun. 1959Achieved complete localization of explosives production and launched alternative supply
  • Jan. 1964Acquired Shinhan Bearing Industrial
  • Jul. 1966Established Taepyeong Trading (currently Hanwha Corporation/Trading Division)
  • May 1974Officially designated as a national defense contractor
  • Aug. 1978Completed construction of Yeosu Plant
  • Dec. 1979Launched the Central Research Institute
The Years of Expansion, Upgrading
Hanwha's Business Portfolio
1980 - 1999
  • 1981Hanwha's 2nd Chairman, Seung-youn Kim, took office
  • Nov. 1982Awarded the Gold Tower Industrial Medal and the $100 Million Export Tower Award
  • Jul. 1987Acquired Daejeon Plant
  • Jan. 1988Hankook Plastics Industrial merged into Hanyang Chemical
  • Nov. 1990Honored with an Award of Excellence in recognition of the company’s high productivity
  • Oct. 1991Completed construction of Boeun Plant
  • May 1992Completed construction of a nitric acid manufacturing facility at Incheon Plant
  • Mar. 1993Company name changed to Hanwha Corporation
  • Jan. 1995Acquired Gloden Bell Trading Co. (currently the Trading Division)
  • Jan. 1996Acquired Duksan Construction (currently the Construction and Engineering Division)
  • Oct. 1996Acquired Hanwha Electronic Information Communications, Inc. (currently the Information Communications Division)
  • Oct. 1998Established FAG-Hanwha Bearings
  • Nov. 1998Awarded the Silver Tower Industrial Medal and the $1 Billion Export Tower Award
  • Dec. 1998Acquired Hanwha Machinery (currently Hanwha TechM) for the Machinery Division
The Years Ahead,
Striving Toward New Dreams
2000 - Present
  • Sep. 2000Acquired an aircraft parts plant (currently Cheonan Plant) for the Machinery Division
  • Oct. 2000Hosted the 1st Seoul International Fireworks Festival
  • Dec. 2001Acquired Daewoo Electronics’ Defense Unit (currently Gumi Plant)
  • Jul. 2002Spun off Hanwha Machinery (currently Hanwha TechM) from Hanwha E&C
  • Apr. 2003Declared commitment to ethical management
  • May 2003Sold stake in FAG-Hanwha Bearings to a joint venture
  • Jun. 2003Sold off the mobile telecommunications business from Hanwha's Information and Communications Division
  • Nov. 2003Sold off the switchboard business from Hanwha's Information and Communications Division
  • May 2005Signed an agreement for a housing development project at the Incheon Plant site
  • Oct. 2006Relocated Incheon Plant to Boeun
  • Oct. 2006Held the 1st-round sale of Incheon EcoMetro apartment units built at the Incheon Plant site
  • Jan. 2007Completed the construction of the Hanwha Group Research & Engineering Center
  • Jul. 2007Held the 2nd-round sale of Incheon EcoMetro apartment units built at the Incheon Plant site
  • Sep. 2007Aquired Sentech Inc.
  • 2007Announced the new CI “Hanwha TRIcircle
  • 2007Designated as a national defense contractor for the nation's Chunmoo rocket system
  • 2008Opened the Hanwha Human Resources Development Center
  • Apr. 2008Integrated Gumi and Changwon Plants
  • Dec. 2008Awarded the Gold Tower Industrial Medal and the $2 Billion Export Tower Award at the 45th Annual Trade Day Ceremony
  • Aug. 2009Established a subsidiary in Brazil
  • Sep. 2009Completed the construction of Asan Plant
  • Nov. 2009Opened the Hanwha Historical Museum
  • Jun. 2010Acquired Microaerobot
  • Jul. 2013Launched Hanwha Mining Services
  • Oct. 2014Acquired Hanwha TechM (currently Hanwha Corporation/Machinery Division)
  • Nov. 2014Signed agreements for the acquisition of Samsung Techwin and Samsung Thales
  • Jun. 2015Launched Hanwha Techwin and Hanwha Thales
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