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.

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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.

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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.

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.

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.

  • 1950 - 1979 The Formative Years,
    Hanwha’s Emergence
    1952.06 Chong 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
    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
The Formative Years,
Hanwha’s Emergence
1950 - 1979열기
  • Jun. 1952Chong 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 - 1999열기
  • 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 - Present열기
  • 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
  • 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
  • Feb. 2018Official sponsorship of the 2018 PyeongChang Olympic Winter Games and Winter Paralympics (Fireworks and Torch Division)
  • Nov. 2020Launched Hanwha Global
  • Nov. 2022Acquired Hanwha E&C