underwater sonar sensors, navigation devices, seekers, and laser target designators; small- and medium-sized unmanned systems; and more. In addition, the company trades oil products, plastic processed products, and inorganic chemicals; steel, nonferrous metals, and other raw materials; components for the machinery industry, welding facilities for shipbuilders, heavy equipment for construction sites, and vehicles; and paper products.

Hanwha Corporation provides engineering and construction services for building, plant, and environment facilities, and others; operates athletic facilities, hotels, sports clubs, and department stores; develops, manages, and leases real estate properties; manages golf courses and resorts; manages deposits and installment savings; and offers shipping, leasing, asset management, and insurance agency and brokerage services. It also manufactures and trades machinery, petrochemicals, and synthetic resins; processes and distributes agricultural, livestock, and forest products; manufactures compounds, silicon ingots, bearings, and car parts; and generates solar energy. It is also involved in water treatment, pharmaceutical, environmental pollution, aquarium operation, incinerator, institutional foodservice and restaurant, packaging, forest development, reforestation, resources development, tourism, and catering businesses.

Hanwha Corporation was formerly known as Korea Explosives Corp. and changed its name to Hanwha Corporation in March 1993. It was founded in 1952 and is headquartered in Seoul, South Korea.