Wise-Net

Samsung Sells Samsung Techwin

Posted by Stan Lewis December 1, 2014 5:58 am Categories: Corporate News. Tags: Hanwha, IP-cameras, Samsung Techwin, video surveillance, Wise-Net.

Samsung Techwin announced on Friday (November 28, 2014) that Samsung Group affiliates will sell their holding stakes in Samsung Techwin to Hanwha Group. Samsung Techwin is a major supplier of video surveillance equipment. Hanwha Group is a large South Korean conglomerate. Samsung Group is reorganizing its business empire to make it easier for the children of Samsung Electronics Co Ltd (005930.KS) chairman Lee Kun-hee, 72, who has been hospitalized since a May heart attack, to divvy up the conglomerate.

How An Innovative Control Room Can Help Secure The Budding Cannabis Market

It’s no secret that the cannabis industry is growing. Numerous states across the United States, from California to Maine, have legalized recreational cannabis, with 33 total states allowing cannabis for medicinal uses. And it’s not just the United States that’s seeing this trend: Canada’s official legalization of recreational cannabis took effect last October. This growth is leading to incredible opportunities in the industry, with the global market valued at $10.3 billion in 2018 and projected to reach $39.4 billion by 2023. This market opportunity expands far beyond the companies that directly deal with the cannabis plant, with numerous adjacent businesses on track to experience benefits.