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HCL strengthens leadership in South Korea, Vietnam and Taiwan

HCL strengthens leadership in South Korea, Vietnam and Taiwan
Photo Credit: VCCircle
21 Jun, 2021

In a bid to grow its international presence, Noida-headquartered information technology major HCL Technologies has made top team appointments in South Korea, Taiwan, and Vietnam. 

The company, on Monday, said that it has hired Joonho Moon, a former Samsung SDS executive, as the country sales head for South Korea.  

Moon brings over two decades of leadership experience in sales, business development, corporate marketing, and product strategy. He will be responsible for driving business growth for HCL Technologies in the country. 

“I am delighted to be a part of such a dynamic team in HCL Technologies,” he said. “I look forward to building upon the company’s current footprint in South Korea and adding to the momentum of growth and expansion in the region.” 

For Taiwan and Vietnam, HCL has appointed Terry Tai and Nguyen Ha Tuan in the same role.  

They both bring two decades of IT industry experience.  

Tai brings expertise in cloud technology, artificial intelligence solutions, data storage technology and go-to-market strategy, while Tuan has managed digital transformation, security, cloud computing and enterprise applications. He joins from IBM.

“HCL will lean in with its industry leading Engineering and R&D services into these markets. These regions will be led by Sanjay Gupta who is a corporate officer at HCL Technologies,” C Vijayakumar, CEO at the company, said while commenting on the appointments. 

He added, “South Korea is the highest rated country for innovation and leads in new digital technologies such as 5G and IOT. Taiwan is the nerve center of the global semiconductor industry, which is expected to exponentially grow in the coming decade. Vietnam is one of the fastest growing digital economies and is transforming its society to leapfrog into a knowledge economy.” 

South Korea, Taiwan, and Vietnam are not the only markets where HCL is strengthening its footprint. Earlier in March, it opened an innovation centre focused on digital acceleration in Mississauga, Ontario.   

In financial year 2020-2021, HCL Tech’s revenue stood at $10.17 billion, up 2.4% year-on-year in the US and constant currency terms. Meanwhile, net profit witnessed a YoY increase of 13.2% to $1.76 billion.