Hankom Group Collaborates with LG Sangsa to Target Global Markets
Expanding into Southeast Asia Using Non-Face-to-Face Solutions and AI
[Asia Economy Reporter Jin-gyu Lee] Hancom Group (hereinafter Hancom Group) is promoting collaboration with LG Sangsa to target the global market.
Hancom Group announced on the 4th that it signed a "business agreement for overseas joint expansion" with LG Sangsa. According to the agreement, Hancom Group will provide products, services, and technologies for overseas exports, and LG Sangsa will carry out sales activities and marketing for this purpose.
The two companies decided to explore specific business areas such as entering the Southeast Asian market by utilizing core technologies including contactless (untact) solutions, Internet of Things (IoT), and artificial intelligence (AI).
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The signing ceremony held at Hancom Tower in Seongnam, Gyeonggi Province was attended by key officials including Kim Sang-cheol, Chairman of Hancom Group, and Yoon Chun-sung, CEO of LG Sangsa. Chairman Kim said, "If LG Sangsa's solid overseas infrastructure and business capabilities are combined, it could be an opportunity to expand Hancom Group's overseas market."
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