Hancom Partners with India's HCL Technologies for "Global Market Expansion Collaboration"

From the right, Kim Dae-gi, Vice President of Hancom; Haresh Quantum, Korea Business Development Leader at HCL Technologies; Moon Jun-ho, Head of HCL Technologies Korea; Son Chan-joo, Director of Hancom.

[Asia Economy Reporter Buaeri] Hancom has signed a strategic partnership with Indian IT service company HCL Technologies to promote technological cooperation and more.

On the 6th, Hancom announced, "The two companies have agreed to share their advanced software technologies and establish mutual footholds for overseas expansion."

HCL Technologies will support the training of software (SW) development personnel by providing programs for manpower supply and development capability enhancement, as well as sharing its own development studio at the R&D center Hancom established in India in 2016.

They also plan to promote technological cooperation to strengthen the global competitiveness of Hancom products. The two companies plan to mutually cooperate to expand their global markets, including Hancom's entry into Southeast Asian markets such as Vietnam, Malaysia, India, and Taiwan, and HCL Technologies' entry into the Korean market.

HCL Technologies, a leading IT company in India, provides IT services based on core technologies in cloud, big data, and artificial intelligence. It has secured clients such as Google and Microsoft (MS). Currently, 168,000 employees work in 50 countries, and its annual sales reach 10 billion dollars.

Sanjay Gupta, Vice President of Global Business at HCL Technologies, said, "Korea is a key strategic country for HCL Technologies, and through this cooperation, we will establish a foundation for the two companies to develop together."

Kim Daegi, Vice President of Hancom, emphasized, "We will build a continuous cooperation system to expand the global market by utilizing the technological capabilities and networks of both companies."