Wipro Expands Seoul Footprint With New Innovation Lab

28 Mar 2026 CW Team

South Korea is recognised as a global innovation hub in semiconductors, advanced technology, automotive engineering and industrial manufacturing, and demand from South Korean enterprises for AI-led transformation is increasing. The Seoul Innovation Lab will operate within the Wipro Innovation Network and will enable co-creation, rapid experimentation and solution development with clients and ecosystem partners. The facility will showcase Wipro Intelligence, a unified suite of AI-powered platforms and solutions, and will focus on technology, automotive and industrial sectors.

The lab will support use cases such as intelligent product engineering, software-defined vehicles, smart manufacturing, supply-chain optimisation and AI-enabled operations, combining local industry knowledge with Wipro's global AI and engineering capabilities to accelerate innovation from concept to deployment. Wipro employs several hundred professionals in South Korea and serves clients through a local presence complemented by its global Wipro Delivery Network, providing specialised skills, industry expertise and scalable global capabilities while maintaining close local engagement.

The expansion follows the integration of the Digital Transformation Solutions business unit of HARMAN, a Samsung company, and more than 5,000 professionals have joined Wipro through that acquisition, strengthening product engineering and digital transformation capabilities. With the launch of the Seoul Innovation Lab, Wipro now operates nine innovation facilities globally, including five across the APMEA region. The company reported over 230,000 employees and business partners across 65 countries and stated the investment underlines its long-term commitment to the region.

Wipro Limited has expanded its business operations in South Korea with an enlarged office footprint in Seoul and the launch of a new Innovation Lab as part of the Wipro Innovation Network. The expansion reinforces South Korea as a strategic growth market and aims to strengthen service to local clients and support global engagements. The company has announced continued investment in local talent and partnerships with academic institutions to upskill early-career professionals for advanced technology programmes. South Korea is recognised as a global innovation hub in semiconductors, advanced technology, automotive engineering and industrial manufacturing, and demand from South Korean enterprises for AI-led transformation is increasing. The Seoul Innovation Lab will operate within the Wipro Innovation Network and will enable co-creation, rapid experimentation and solution development with clients and ecosystem partners. The facility will showcase Wipro Intelligence, a unified suite of AI-powered platforms and solutions, and will focus on technology, automotive and industrial sectors. The lab will support use cases such as intelligent product engineering, software-defined vehicles, smart manufacturing, supply-chain optimisation and AI-enabled operations, combining local industry knowledge with Wipro's global AI and engineering capabilities to accelerate innovation from concept to deployment. Wipro employs several hundred professionals in South Korea and serves clients through a local presence complemented by its global Wipro Delivery Network, providing specialised skills, industry expertise and scalable global capabilities while maintaining close local engagement. The expansion follows the integration of the Digital Transformation Solutions business unit of HARMAN, a Samsung company, and more than 5,000 professionals have joined Wipro through that acquisition, strengthening product engineering and digital transformation capabilities. With the launch of the Seoul Innovation Lab, Wipro now operates nine innovation facilities globally, including five across the APMEA region. The company reported over 230,000 employees and business partners across 65 countries and stated the investment underlines its long-term commitment to the region.

Real Estate

05 Aug 2026

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

Infrastructure Energy

05 Aug 2026

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Infrastructure Urban

05 Aug 2026

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..