Wipro Share Price in Focus; Expands South Korea Presence, Launches Innovation Lab in Seoul

Written by: Team Angel OneUpdated on: 24 Mar 2026, 5:13 pm IST
Wipro sets up a new innovation lab in Seoul and expands its South Korea operations, adding to its presence in the region.
Wipro Share Price in Focus
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Wipro Limited has expanded its operations in South Korea with an increased office presence in Seoul and the launch of a new Innovation Lab.  

As per the filing, the development adds to its existing presence in the country, where it serves clients through local teams supported by a global delivery network.   

The company has identified South Korea as a key market, given the demand for digital transformation services across industries. 

Role of South Korea in Global Supply Chains 

South Korea remains a major centre for sectors such as semiconductors, automotive engineering and industrial manufacturing.  

These industries continue to invest in automation, software-led systems and data-driven processes.  

Innovation Lab and Use Cases 

The Innovation Lab in Seoul has been set up under the Wipro Innovation Network (WIN), which connects the company’s global innovation facilities. The lab is intended to support development and testing of solutions in collaboration with clients and partners.  

It will focus on areas such as product engineering, software-defined vehicles, smart manufacturing and supply chain systems, along with AI-led operational use cases. 

Workforce and Delivery Model 

Wipro employs several hundred professionals in South Korea and continues to invest in local hiring and training. It is also working with academic institutions to build skills in advanced technologies.  

The company’s delivery model combines local presence with global capabilities, allowing clients to access expertise while maintaining in-country engagement. 

Impact of HARMAN Integration 

The expansion follows the acquisition of the Digital Transformation Solutions business unit of HARMAN, a Samsung company. More than 5,000 professionals joined Wipro across regions as part of the transaction, including teams in South Korea.  

This has added to its engineering and digital capabilities, particularly in areas linked to industrial and automotive technologies. 

Read MoreWipro Share Price in Focus; Introduces AI-DC Solution for Enterprise AI Deployment! 

Wipro Share Price Performance  

As of March 24, 2026, 11:27 am, Wipro Ltd share price stood at ₹189.06, a 0.81% increase from the previous closing price. 

Conclusion 

The addition of the Seoul facility increases Wipro’s global network of innovation labs to nine, including 5 in the APMEA region, and extends its operational presence in South Korea. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.   
 
Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Mar 24, 2026, 11:43 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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