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Lectra has announced the opening of its South Korean subsidiary.
The company explains new subsidiary will be managed by Hong-Kwon Moon, reporting to Yves Delhaye, Lectra Director for ASEAN, South Korea, India and Australia.
Lectra believes the opening of the South Korean subsidiary will help accelerate its development plans in Asia.
“South Korea is one of the eight economies, together with Brazil, China, India, Indonesia, Mexico, Russia, and Turkey, which are expected to produce half of global growth during the current decade. These countries make up the key markets where we are already firmly established and where we continue to invest,” said Daniel Harari, Lectra CEO.
“South Korean conglomerates, or chaebol, generally have ambitious expansion plans. Lectra can guide them and help them meet their challenges thanks to its experience from collaborating with leading fashion brands and global automotive equipment makers,” says Yves Delhaye. South Korean companies will benefit from the expertise and the knowledge of Lectra’s local teams, backed by their international network of specialists.
“My first goal is to reinforce Lectra’s relationships with the tier one automotive subcontractors and main fashion groups. We believe that the fashion and apparel market in particular will have a growing influence on the South Korean economy given the evolution of sectoral dynamics that we are currently seeing,” notes Hong-Kwon Moon.
Photo provided by Lectra
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