IT giant Wipro Ltd is enhancing its footprint in South Korea, identifying the country as a crucial growth market in the global semiconductor sector.
The firm announced on Monday, March 23, the inauguration of an innovation lab within the Wipro Innovation Network (WIN), accompanied by an expanded office located in Seoul, the nation’s capital.
This expansion also encompasses ongoing investments in local talent and collaborations with academic institutions, as Wipro aims to bolster its service capabilities for South Korean clients both domestically and internationally.
“South Korea represents a strategic growth market for Wipro and an increasingly significant hub for global innovation. Our expanded presence underscores our enduring commitment to the region,” stated Vinay Firake, CEO of Asia Pacific, India, Middle East and Africa (APMEA) Strategic Market Unit at Wipro.
With this development, Wipro now manages nine innovation facilities worldwide, including five in the APMEA region. The newly established Seoul innovation lab will concentrate on co-developing solutions in fields such as intelligent product engineering, software-defined vehicles, smart manufacturing, and supply chain optimization, the company noted.
“By enhancing local capabilities, integrating Korea more significantly into our global delivery and innovation network, and collaborating closely with clients on innovation, we aspire to assist enterprises in transforming innovation into tangible business results,” he added.
South Korea has emerged as a pivotal hub for innovation across semiconductors, automotive engineering, and advanced manufacturing, driven by increasing demand for AI-led digital transformation. Wipro indicated that its expanded presence will enable clients to leverage its global delivery network while ensuring local engagement.
This initiative follows Wipro’s acquisition of HARMAN’s digital transformation solutions (DTS) unit last year, which brought onboard over 5,000 professionals and enhanced its engineering and digital capabilities, with South Korea being a vital player in its global strategy.
Shares of the company concluded at ₹188.19 each, marking a 1.24% decrease on Monday, March 23.
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(Edited by : Shoma Bhattacharjee)
First Published: Mar 23, 2026 6:50 PM IST
