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

  

• 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

  

• 2012. 12

  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)

  

• 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)

  

• 1991. 11

  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)