2023.11.17
Hanwha Vision’s Vietnam Factory Reaches Cumulative Production of 10 Million Units
□ Hanwha Vision has achieved cumulative production of 10 million units in the company’s Vietnam-based manufacturing facility within five years of operation.
□ The achievement demonstrates Hanwha Vision’s continued growth in the global market, particularly in the United States.
□ The company aims to leverage Hanwha Vision’s Vietnam manufacturing subsidiary to strengthen the company’s global competitiveness.
Hanwha Vision, a global vision solution provider, reached a cumulative production of 10 million units in its Vietnam-based manufacturing facility just five years since beginning operations.
This accomplishment demonstrates the company’s growth in the global market, notably in the United States. The company aims to leverage this momentum to further strengthen its leading edge in the international arena.
On October 30, Hanwha Vision Vietnam held a ceremony to commemorate the landmark production output at its plant located inside the Que Vo Industrial Park of Bac Ninh Province.
“We are striving to convey the highest level of trust in our products and company to our customers through our Vietnam-based manufacturing subsidiary, which attributes its competitiveness to precision, efficiency, and innovation,” said Soonhong Ahn, President and CEO of Hanwha Vision. “We will continue to work hard to ensure that our video surveillance solutions guarantee customer safety and maximize business efficiency around the globe, especially in the U.S., Europe, and Asia.”
The Hanwha Vision Vietnam facility was established in 2017 to strategically expand the company’s global manufacturing bases. The site currently manufactures approximately 500 product models, including cameras, storage devices, and lenses. When the facility launched its mass-production operations in 2018, the company introduced its own root certificate authority (CA), inserting device authentication into each product in the manufacturing stage to protect the entire system from security vulnerabilities. Following its opening, Hanwha Vision Vietnam recorded a cumulative production of 2 million units in 2019 and 5 million units in 2021.
The 60,000 square meter manufacturing facility in Vietnam is an eco-friendly smart factory that operates using power generated by using solar panels installed on the roof of the building. The site manages all products, equipment, and manufacturing environments in an integrated manner.
The manufacturing subsidiary contributes to Hanwha Vision‘s international business competitiveness. When the global supply chain disrupted due to the COVID-19 pandemic in 2021, Hanwha Vision was able to produce 50% more products than the previous year thanks to its Vietnamese subsidiary’s global manufacturing and supply chain management system which spans ordering, manufacturing, production, and logistics.
The 10 millionth product produced at the facility was Hanwha Vision’s SolidEDGE camera, showcasing its ability to deliver innovative, high-quality surveillance solutions at scale. SolidEDGE is the first real solid-state drive (SSD)-based camera with an embedded server available on the market. The embedded server provides a cost-effective and practical security solution for businesses and organizations while maintaining the ability to provide high-quality, reliable video surveillance.
In March, Hanwha Vision announced its aim to rise as a global leader, highlighting a strategic shift to extend its technological capabilities beyond video surveillance solutions.