Soon Hong Ahn, President Samsung Techwin America, discusses Samsung Techwin’s future as Hanwha Corp. at the 2016 STEP Partner Summit (pictured above).
PSX Inc. Attends 2016 Samsung STEP Partner Summit
2016 STEP Partner Summit features news on Hanwha Corp and Samsung Techwin, Cyber Security, and HD Security Applications like Samsung WiseNet Cameras.
PSX Security Specialist Scot MacTaggart attended the 2016 Samsung STEP Partner Summit in Puerto Rico March 6-9th. The STEP Partner Summit is an annual conference hosted by Samsung Techwin with presentations, demos, news, and continuing education. The 2016 STEP Partner Summit featured breaking news on the Hanwha Corp and Samsung Techwin, Cyber Security innovations, and HD video surveillance applications like Samsung WiseNet Cameras.
Samsung Techwin describes STEP (Samsung Techwin Eco Partnership) as “a membership program that provides our Partners using Samsung Techwin products with many distinct advantages and benefits. As well as supporting the success of partners through our high quality products using our advanced and innovative technologies, STEP will enable our partners to provide a truly differentiated solution and offering for the global security market” (STEP Website). PSX has been a member of the STEP program since its inception.
Breaking News on Hanwha Corp. Acquisition of Samsung Techwin
Hotly anticipated at this year’s STEP summit was breaking news on the future of Samsung Techwin as part of Hanwha Corp. In 2015, Hanwha Corp. acquired Samsung Techwin. Decisions on the new entity’s future branding, partnerships, products, and services were announced at the 2016 STEP Dealer Summit. Samsung Techwin made a press release just days before the Summit that it would apprise their STEP partners first before presenting decisions about their future identity as Hanwha Corp. at ISC West in April.
Today’s announcement to the industry press precedes our announcement that we will be making on Sunday at our dealer summit in Puerto Rico. We have 125 dealers that we want to acknowledge and inform, so that when they show up at ISC West in early April, there won’t be any surprises.- Tom Cook, Vice President, Sales and Marketing, Samsung Techwin
According to Security Today, “Hanwha, now the parent company, is a $56 billion conglomerate that fully expects the security division to grow faster than in past years, which will be an ambitious goal. The North American market is a leading area for growth, and Cook said the company plans to invest more heavily in North America.”
Samsung Techwin America announced they will operate under the name Hanwha Techwin America as of April 1st, 2016. Soon Hong Ahn, President, Hanwha Techwin America stated: “One year ago we made the announcement that Samsung Techwin had become a part of Hanwha Corporation. While our name is changing, the innovation, quality and reliability of our products will remain the same. The same is true for our factories, sales companies and channel partners which remain unchanged – Hanwha Techwin America will continue to offer the best in value and performance to the professional surveillance and security industry.”
Samsung Products like WiseNet Cameras will Continue to Grow
Samsung WiseNet Camera line will continue to grow and develop under the Hanwha Techwin America brand. The WiseNet cameras are known for their interoperability as organizations shift from analog to IP systems with HD.
As Security Today describes: “Samsung branded solutions offered by Hanwha Techwin include a growing line of the industry’s most advanced WiseNetIII megapixel cameras, along with new additions to the popular WiseNet Lite line for SMB applications. The company’s introduction of WiseNet Analog HD+ (Analog High Definition) cameras and DVRs enables users with analog infrastructure to enter the HD arena.”