In June 2015, a new era of Hanwha Techwin was launched, as Samsung Techwin became a subsidiary company of Hanwha Group.
This change aroused concerns in the market, but the development and marketing teams, as well as SoC (System on Chip) and optical lens core technologies were retained in full and transferred to Hanwha. This allowed Techwin’s high quality products and prompt services to continue.
Hanwha Group, the holding company of Hanwha Techwin, is a Fortune Global 500 company and, as of 2016, is Korea’s 8th largest conglomerate with nearly 200 overseas locations. The company is continuing to solidify its position in the global market in the fields of solar power generation, advanced materials and construction.
A significant proportion of Hanwha Techwin’s security business sales are made overseas. With nearly 5000 partners in more than 120 countries worldwide, Hanwha Group is enacting crucial strategies to promote its security business as its main agenda in order to build bridges in the global market and further improve Hanwha’s brand image.
Hanwha Techwin to reinforce SoC
With Hanwha’s strong focus on security business, Hanwha Techwin is planning to launch its new security products brand, Wisenet, consisting of a variety of high-quality products. In addition, the integrated management software suite, SSM, has and will be renewed with further upgrades.
A strong line of products is on the cards for release from Hanwha. These consist of:
• The Wisenet P Series, which uses advanced Techwin technologies based on 12 megapixel resolution images.
• The Wisenet X Series, which offers highly versatile video surveillance of up to 5 mega-pixels that can be optimised for a diverse range of environments.
• The Wisenet Q Series, which features outstanding basic functions and video surveillance at affordable prices.
• The Wisenet T Series, which is optimised for vertical installations.
The newly upgraded integrated management software, SSM, now allows users to manage Hanwha Techwin network products more efficiently. The user can select SSM Pro or SSM Enterprise depending on the application and system scale.
In addition to this, all Wisenet product lines benefit from technical enhancement from ‘WiseStream’ – developed in-house and available nowhere else. WiseStream is a technology that efficiently transfers videos onto a network by reducing the video bandwidth and file size. It can also reduce the cost through its efficiency.
Due to the increasing equality of products, the global security market has become difficult to survive in without independent and differentiated technologies. In response to fierce competition, Hanwha Techwin has expressed that the company will reinforce its core technologies of optics, lenses and SoC, based on its own legacy technologies, but also stated its plans to expand into the field of intelligent video analytics.
More of the same and more
It’s a fast-changing world, and the security market is not immune to changes – it is quickly evolving in response to market trends. As wired and wireless network and IoT (Internet of Things) technologies continue to grow, and related markets continue to gain global interest, Hanwha Techwin is continuing to focus on the home security camera business it has been building over the years. The company is also developing plans to expand its capabilities into fields with potential synergy, such as the wearable market and cloud computing.
A year has passed by since Hanwha Techwin was established. Despite concerns raised in the market, Hanwha Group plans to promote the security business as its main agenda, as it has recognised the technologies and market potential of Hanwha Techwin, and the possibility of high growth in the security market.
From Samsung to Hanwha, nothing has really changed. Hanwha Techwin continues to lead the market, based on its highly competitive core technologies. From being number 1 in Korea to becoming a global pioneer, the future of Hanwha Techwin as a leading global company is something to look forward to.
For more information contact Jaco De Wet, Hanwha Techwin (formerly Samsung Techwin), +27 (0)79 843 4051, [email protected], http://security.hanwhatechwin.com
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