On November 6, global IT outsourcing and consulting company SotaTek signed a Memorandum of Understanding (MOU) with Laon People, a leader in AI and digital convergence. This agreement aims to foster cooperation and expansion in both the Korean and global markets. The two companies plan to establish a long-term, mutually beneficial partnership.
Key Highlights of the SotaTek & Laon People MOU
Technological Collaboration and Outsourcing Services
Both companies will collaborate to establish efficient operational models through technological partnerships and IT outsourcing services, delivering optimized solutions.
Service Transition and Knowledge Transfer
Laon People will focus on the seamless transition and education for service and development processes to ensure smooth operations.
Support from SotaTek’s Workforce and Operational Models
SotaTek will nurture and maintain the required development talent, offering various operational models, including the BOT (Build-Operate-Transfer) model. The company will deploy top-tier personnel from its headquarters in Vietnam and branch office in Korea to support projects effectively.
Global Delivery Center (GDC) Operations
As strategic partners, the two companies will collaborate to successfully operate a Global Delivery Center (GDC).
Expansion into Overseas Markets
Building on a successful cooperation model in Korea, the companies plan to extend their collaboration into international markets.
A Milestone for Collaboration
This MOU is expected to serve as a new milestone, combining the expertise and capabilities of both companies to advance IT and AI technology development, operational model building, and global market expansion.
