□ With the announcement of the name change, the company expressed its intention to lead innovation in the field of global vision solutions

□ Hanwha Vision to provide business insights and customized solutions for customers’ surveillance needs and operational proficiency across the enterprise by integrating AI and cloud into its leading vision technologies

Seongnam, South Korea, March 1, 2023 — Hanwha Techwin, a leading video surveillance company, announced today that it is changing its name to Hanwha Vision as the company expands its offerings as a global vision solution provider.

Through this expansion, Hanwha Vision will go beyond its video surveillance products to provide next-generation vision solutions that integrate artificial intelligence (AI) and cloud technologies which deliver insights into customers’ business operations while driving global market innovation.

“By building on our core competitiveness through innovation, we will continue to alleviate our customers’ pain points while adding new value with advanced vision solutions,” said Soon-hong Ahn, President and CEO of Hanwha Vision.

“As we expand our business from surveillance monitoring and post-event analysis, we will provide customized information through big data analytics and actionable solutions that not only prevent incidents but also respond to them in real time. Our new vision solutions will be instrumental in advancing customer’s operational strategies,” CEO Ahn added.

In line with this business development, Hanwha Vision will gradually roll out the rebranding of its overseas subsidiaries, products and solutions, based on market conditions.

About Hanwha Vision
Hanwha Vision (formerly Hanwha Techwin) has been leading the global video surveillance industry with world-class optical design, image processing and cybersecurity technologies for more than 30 years. As it broadens its business to become a global vision solution provider, Hanwha Vision will deliver more valuable and meaningful insights to customers by collecting key information and providing big data analytics utilizing AI and cloud technologies. For more information about Hanwha Vision, please visit HanwhaVision.com/

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