Indian, Korean tech firms tie up for expansion in Viet Nam, other regional markets

Thursday, Sep 16, 2021 11:43

HCL Technologies and HANCOM Inc. have signed a strategic partnership to share advanced software technology solutions and establish a bridgehead for overseas expansion. — Photo courtesy of the company

HCL Technologies, a leading Indian global technology company, and HANCOM Inc., one of South Korea’s top software companies, have signed a strategic partnership to share advanced software technology solutions and establish a bridgehead for overseas expansion.

HCL will support software development training at HANCOM’s R&D centre in India.

It will also share its development studio and provide HR support, and promote technological co-operation to strengthen HANCOM products’ global competitiveness.

The two also plan to co-operate for global market expansion. This includes HANCOM’s entry into Middle Eastern and Southeast Asian countries, including Viet Nam, and HCL’s expansion into South Korea.

HCL delivers services in various industry verticals. It currently employs more than 175,000 people in 50 countries and has annual sales of US$10.5 billion. — VNS

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