Hanwha Techwin announced the opening of its brand new manufacturing facility at the Que Vo Industrial Park in the Bacninh Province of Vietnam. The $100m new facility offers Hanwha Techwin the opportunity to considerably increase manufacturing output and reduce costs. Logistics will also be greatly improved, ensuring that orders from the company’s distribution partners are fulfilled more efficiently and on time.
“I am pleased to report that a significant percentage of Wisenet video surveillance products will be shipped from Vietnam from the beginning of January 2019,” said Bob (H.Y.) Hwang Ph.D., Managing Director of Hanwha Techwin Europe.
“This is a very exciting time for Hanwha Techwin’s security business. Our new manufacturing facility and all our new colleagues who work there, will significantly contribute towards our ongoing success and our ability to be competitive in a market which continues to grow. With confidence, we continue to ‘MOVE with trust’.”