Company Introduction

By leading customer success with cutting-edge technology and continuous innovation, Hanwha Momentum will move forward as the global leader

History

Growing into a global leader in the mechatronics industry

  • 2024. 07
    Separated from Hanwha Co., Ltd. to Hanwha Momentum Co., Ltd.
    Transferred the solar power equipment business to the Qcells division, Hanwha Solutions Co., Ltd.
  • 2024. 01
    Transferred the semiconductor business to Hanwha Precision Machinery Co., Ltd
  • 2023. 10
    Separated the robot business and established Hanwha Robotics Co., Ltd.
  • 2022. 07
    Division name changed to Hanwha Momentum
  • 2020. 09
    Took over the robot business from the Hanwha Precision Machinery Co., Ltd.
  • 2018. 12
    Transferred the machine tools and air transport businesses to Hanwha Corporation
  • 2018. 05

    Relocated the head office to Hanwha R&D Center in Pangyo

    Relocated the head office to Hanwha R&D Center in Pangyo
  • 2015. 04
    Won the Supplier of the Year award from the FCA
  • 2014. 11
    Awarded the Minister of National Defense’s prize for defense quality management (Aerospace division)
  • 2014. 10
    Merged into Hanwha Corporation
  • 2013. 11
    Established production corporations in the U.S and China
    Established production corporations in the U.S and China
  • 2012. 12

    Took over the air transport business from Hanwha Corporation Aerospace division

    Took over the air transport business from Hanwha Corporation Aerospace division
  • 2012. 08
    Established the Central R&D Center
  • 2011. 11
    Acquired the Environmental Management System (ISO14001)
  • 2010. 03
    Won the GM SOY (Supplier of the Year) for two consecutive years
  • 2009. 09
    Completed the construction of Asan Factory (previously Asan Factory 1)
  • 2008. 12
    Achieved 100 million dollars in exports and won the Order of Industrial Service Merit (Iron Tower), Presidential Citation, and Prime Minister’s Citation
  • 2007. 01
    Changed the corporate name to Hanwha TechM Co., Ltd.
  • 2006. 10
    Concluded a partnership with Hanwha Europe Corporation (HWE) for business corporation in Europe
  • 2006. 08
    Developed the XD20 Series for the first time in Korea, which is a non-guide bush type CNC automatic lathes
  • 2005. 11
    Completed the construction of Asan Factory (previously Asan Factory 2)
  • 2005. 11

    Nov 2005 – Acquired the certification for Automotive Quality Management System (ISO/TS 16949)

    Nov 2005 – Acquired the certification for Automotive Quality Management System (ISO/TS 16949)
  • 2003. 09
    Developed the turret type CNC automatic lathe for the first time in Korea, which is also called STL32H
  • 2002. 07
    Split off from Hanwha Corporation to Hanwha Machinery Co., Ltd.
  • 2000. 11
    Relocated the head office to Changwon
  • 1998. 10
    Sold the bearing business to FAG and participated in the capital investment with 30%
  • 1996. 10
    Acquired the certification for a Quality Management System (ISO 9001)
  • 1994. 10
    Changed the corporate name to Hanwha Machinery Co., Ltd.
  • 1992. 02

    Completed the construction of Changwon Factory 2 (previously Changwon Headquarters)

    Completed the construction of Changwon Factory 2 (previously Changwon Headquarters)
  • 1991. 11

    Took over the U.S. company UNIVERSAL BEARINGS INC.

    Took over the U.S. company UNIVERSAL BEARINGS INC.
  • 1982. 03
    Changed the corporate name to Korea Machinery Co., Ltd.
  • 1977. 07
    Completed the construction of Changwon Factory 1
  • 1964
    Changed the corporate name to Korea Bearing Co., Ltd. (incorporated as the Hanwha Group affiliate)
  • 1953. 02

    Established Shinhan Bearing Industry Co., Ltd. (5 million won as capital investment)

    Established Shinhan Bearing Industry Co., Ltd. (5 million won as capital investment)