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Stock impact report

FPT Software Expands Presence in South Korea With Daegu Office Launch [Yahoo! Finance]

Shinhan Financial Group Co Ltd American Depositary Shares (SHG) 
US:NYSE Investor Relations: shinhangroup.co.kr/en/invest/main.jsp
Company Research Source: Yahoo! Finance
city of Daegu, marking a significant milestone in its strategic expansion within the vibrant economic landscape of South Korea. Located strategically at the Daegu Bank building in the Buk-gu district, the new office enables FPT Software to better serve existing clients, particularly in the financial sector, including DGB Financial Group and IM Bank, while also targeting a broader customer base in the Daegu and Busan regions. The Korean branch of FPT Software sets an immediate goal to establish an Offshore Development Center to strengthen cooperation with Daegu Bank in IT infrastructure development. Moreover, the company will continue to expand its footprint in the automotive , banking, and finance segments in the region, serving as a nearshore hub for neighbouring areas such as Daejon and Kumi. In the next five years, the Daegu office aims to expand its workforce to 1,000 employees and become the leading technology hub in the Southern region of South Korea. According to CEO of Show less Read more
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