ICCK

HCL Technologies and HANCOM Inc. have signed a strategic partnership to share advanced software technology solutions and establish a mutual bridgehead for overseas expansion. HCL will support training for software development at HANCOM’s R&D center in India. HCL will also share its development studio and provide HR support to meet demand and development capacity at the R&D center, the company said in an exchange filing.

"In addition, it will promote technological cooperation to strengthen HANCOM products’ global competitiveness. The two companies also plan to cooperate on global market expansion. This includes HANCOM’s entry into Southeast Asian countries such as Taiwan, Vietnam and Bangladesh, Middle Eastern countries, and HCL’s business expansion into the South Korean market," the firm added.

Read More: www.moneycontrol.com/news/business/stocks/hcl-technologies-shares-hit-new-52-week-high-on-partnership-with-hancom-7464131.html

Korean News: n.news.naver.com/article/030/0002967766