Hanwha Corporation Machinery Division Renamed to 'Hanwha Corporation/Momentum' Division

Next-Generation Process Equipment for Secondary Batteries, Solar Power, and Displays

[Asia Economy Reporter Donghoon Jeong] Hanwha Co., Ltd. announced on the 5th that it will change the name of its machinery division to 'Hanwha Co., Ltd./Momentum.'

The Momentum division, which is changing its name, is an automation engineering solutions specialist company that has provided process equipment to various clients in the secondary battery, solar power, display, and automation fields.

Ok Kyung-seok, head of Hanwha Momentum division, stated, "Our goal is to become a global leader in next-generation process equipment technology," adding, "All employees will cooperate to become a continuously growing company with strong driving force, just like the division name 'Momentum.'"

The division name Hanwha Momentum was decided through an internal contest held in March. 'Momentum' is a physics term meaning 'driving force, power.'