Ambarella and Hanwha Forge Major Long-Term AI Partnership

On May 28, 2026, Ambarella Inc. (NASDAQ: AMBA) announced a significant long-term agreement with Hanwha Group, marking a transformative step in the realm of edge AI technology. Following a Memorandum of Understanding (MoU) signed in March, this new agreement is poised to enhance the technological capabilities of both companies, with an estimated potential revenue exceeding $800 million over a decade. This partnership stands as one of the most substantial in Ambarella's history and is a pioneering effort in the edge AI semiconductor market.

The long-term agreement (LTA) focuses on the co-development of edge AI systems-on-chip (SoCs) and software that will be utilized across Hanwha's diverse product lines, which include video security, robotics, industrial automation, and life sciences. The collaboration aims to streamline joint planning across technology roadmaps, expedite product development cycles, and introduce innovative AI-enabled products to the market at scale.

Ambarella’s edge AI platform is built upon its proprietary CVflow AI accelerator architecture, which integrates AI inference processing, image signal processing, and video encoding within a single, low-power SoC. Currently, the platform boasts an installed base of over 46 million AI units and encompasses 12 edge AI SoCs, serving a wide array of applications from compact AI cameras to advanced multi-sensor perception systems for robotics and autonomous machines.

As part of this strategic agreement, Hanwha Vision will maintain full proprietary control over the engineering, design, and sourcing of its Wisenet SoC, which has been developed in-house since its inception in 2010. The collaboration with Ambarella is expected to augment Hanwha Vision's existing R&D capabilities by integrating Ambarella's advanced edge AI processing with the company's established strengths in image processing, intelligent analytics, and cybersecurity. By building a more extensive ecosystem together, both firms aim to solidify their leadership in Proactive Vision Intelligence solutions.

For Ambarella, this LTA signifies one of the largest partnerships in its history. The company recently reported a fiscal year 2026 revenue of $390.7 million, with IoT revenue experiencing approximately a 50% year-over-year increase, driven by the expanding adoption of edge AI technologies across various sectors, including enterprise security and portable video.

Dr. Fermi Wang, President and CEO of Ambarella, expressed optimism regarding the agreement, stating, “This multi-generational partnership has the potential to accelerate the development and delivery of high-performance, AI-enabled products across multiple industries. We expect this agreement to drive substantial multi-year revenue growth consistent with our long-term financial model.”

The agreement has received positive feedback from both sides. Kim Dong-seon, Senior Executive Vice President of Hanwha Group, highlighted the importance of investing in intelligent vision solutions, stating, “Combining Hanwha Vision's expertise in image processing, analytics, and cybersecurity with Ambarella's edge AI platform is designed to help our customers and their integration partners deploy a broader range of AI-driven applications tailored to their individual operational requirements.”

The strategic partnership between Ambarella and Hanwha is poised to reshape the landscape of edge AI technology, paving the way for innovative applications and products across multiple industries. With a solid financial foundation and a clear vision for the future, both companies are set to make significant strides in the development of AI-enabled solutions that cater to a diverse array of market needs. This partnership not only underscores Ambarella’s growing influence in the semiconductor sector but also reflects Hanwha's commitment to advancing intelligent vision technologies.