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HCL Technologies sign strategic partnership with HANCOM

14 Sep 2021 Evaluate

HCL Technologies (HCL) and HANCOM Inc., one of the leading South Korean software companies, 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, which was established in 2016. HCL will also share its development studio and provide HR support to meet demand and development capacity at the R&D center. 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. HCL Technologies empowers global enterprises with technology for the next decade. Through its cutting edge co-innovation labs, global delivery capabilities and broad global network, HCL delivers holistic services in various industry verticals and works with leading partners. It currently employs more than 175,000 people in 50 countries and generates annual sales of $10.5 billion.

HCL Technologies is a leading global IT services company that helps global enterprises reimagine and transform their businesses through digital technology transformation.

HCL Tech. Share Price

1198.60 15.15 (1.28%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
TCS 2394.85
Infosys 1179.20
HCL Tech. 1198.60
Wipro 197.95
Tech Mahindra 1463.05
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