What Kind of Company Is Hancom? – Part 1

Notice

This article was written based on Hancom’s official website and publicly available materials as of July 14, 2026, and the company’s business strategy and products may change.


What Kind of Company Is Hancom?

Hancom is South Korea’s leading software company. While global office software companies lead markets around the world, Hancom has built a domestic document ecosystem based on its own technology and grown into a company representing South Korea’s software industry.

Founded in 1990, Hancom became widely known for developing Hwp, a word processor optimized for the Korean-language document environment. Since then, the company has researched and developed document technology for many years and established itself as South Korea’s leading office software company. Today, it is expanding its business beyond document technology into AI, cloud services, and enterprise work platforms.

Many people know Hancom simply as “the company that makes Hwp.” However, Hancom today is a comprehensive software company that provides not only office software used by individuals, businesses, and public institutions, but also SDKs that allow document technology to be integrated into various systems, as well as AI platforms.

In particular, Hancom has recently been pursuing a transition into an AI platform company that goes beyond simply using AI for document creation and connects enterprise data, work systems, and various AI models. By combining the document technology it has accumulated over the years with new AI technology, Hancom aims to support companies’ digital work environments.


Company Information

ItemDetails
CompanyHancom Inc.
EstablishedOctober 9, 1990
CEOsByun Sung-jun, Kim Yeon-su
HeadquartersHancom Tower, Bundang-gu, Seongnam-si, Gyeonggi-do
Listed MarketKOSDAQ
Stock Code030520
Major BusinessesAI platforms, office software, document technology and SDKs, cloud services, electronic contracts
Proprietary Technology Developed in KoreaHwp document engine, HWPX, Hancom Office, Hancom Docs, Hwp SDK, Hancom Office SDK, AI Orchestrator, HANCOM Assistant, HANCOM Pedia, Hancom Sign, AI OCR SDK, and others

Business Areas

Hancom is currently expanding its business around AI platforms and document technology, building on its existing office software business.

① AI Platforms

  • Provides a platform centered on AI Orchestrator that connects enterprise work systems with various AI models
  • Supports AI-based document creation, search, summarization, and work automation environments
  • Expands its work platform business for enterprise AI transformation (AX)

② Office Software

  • Provides productivity software for document creation, spreadsheets, presentations, and other tasks, centered on Hancom Office
  • Operates both installed and subscription-based services to support various work environments
  • Serves a broad customer base including individuals, businesses, public institutions, and educational institutions

③ Document Technology and SDKs

  • Integrates document functions with various enterprise systems through Hwp SDK and Hancom Office SDK
  • Provides document creation, editing, conversion, and output functions
  • Supports technologies for utilizing document data, including AI OCR SDK
  • Expands its B2B business by providing document technology in platform form

④ Cloud and Services

  • Provides cloud-based office services through Hancom Docs
  • Operates electronic contract and electronic signature services based on Hancom Sign
  • Expands SaaS-based collaboration and digital document services

Major Customers and Use Cases

Hancom’s products and services are used by a wide range of customers, from individual users to businesses, public institutions, educational institutions, and software developers. In particular, one of its key characteristics is that the document technology it has accumulated over many years is used not only in personal office software but also broadly across enterprise work systems, public administration, and education.

① Individual Users

  • Create documents, assignments, reports, cover letters, and presentation materials using Hancom Office
  • Create and manage documents in the cloud through Hancom Docs
  • Improve productivity through the creation and editing of various document formats and PDF conversion

② Businesses

  • Create various business documents such as reports, proposals, and contracts
  • Integrate document functions using Hwp SDK and Hancom Office SDK
  • Connect document functions with enterprise systems such as groupware, electronic approval systems, and ERP
  • Use AI-based document creation and work support services

③ Public Institutions

  • Create and manage administrative documents
  • Operate electronic document and electronic approval systems
  • Support document creation and document management environments required for public-sector work
  • Use document-based workflows suited to digital administration environments

④ Educational Institutions

  • Create teaching materials and educational content
  • Prepare student assignments and presentation materials
  • Manage school administrative documents and education-related documents
  • Support office environments for faculty, staff, and students

⑤ Software Developers and SI Companies

  • Develop document functions using Hwp SDK and Hancom Office SDK
  • Integrate document creation, editing, conversion, and output functions into their own systems
  • Provide document processing functions when building public-sector, financial, and enterprise systems
  • Develop various business solutions using document technology

Hancom is expanding its business beyond simply selling office software, growing into a software company that provides document technology and work platforms tailored to various customer environments.


Major Products and Services

Hancom provides a variety of products and services covering office software, AI, cloud services, electronic contracts, and document SDKs.

  • Hancom Office: Hancom’s flagship office software for document creation, spreadsheets, and presentations
  • Hancom Docs: A cloud-based subscription office service
  • Hancom Sign: An electronic contract and electronic signature service
  • Hwp SDK: A development tool that allows HWP and HWPX document functions to be integrated into various systems
  • Hancom Office SDK: An enterprise SDK that provides document creation, editing, and conversion functions
  • AI Orchestrator: An AI platform that connects enterprise work with various AI models
  • HANCOM Assistant: An AI-based document creation support service
  • HANCOM Pedia: An AI-based document search and knowledge search service
  • AI OCR SDK: An OCR solution that recognizes text in documents and images
  • Hancom Data Loader: A document data preprocessing and data conversion solution for AI applications

These products are designed to function as independent services while also being used together in an integrated way. They support various environments in which individuals can create documents and collaborate, businesses can manage documents and integrate systems, public institutions can handle electronic document workflows, and software developers can develop document functions using SDKs.


DANA NOTES in One Line

Hancom has grown beyond being South Korea’s leading office software company into a comprehensive software company that provides AI platforms, document SDKs, and cloud services based on document technology. Building on document technology accumulated over many years, the company supports digital work environments across a wide range of sectors, including individuals, businesses, public institutions, and educational institutions, while continuing to expand its business into new work platforms suited to the AI era.


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