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Lectra opens South Korean subsidiary

News International-French

7 Jul 2014

Based in Seoul, the new subsidiary will contribute to accelerating Lectra’s development in Asia.

Lectra, a leader in integrated technology solutions dedicated to industries using soft materials—fabrics, leather, technical textiles and composite materials—is pleased to announce the opening of its South Korean subsidiary. Lectra has been present in the country for more than 25 years through its exclusive agent Impa Systems. Impa’s entire staff has joined Lectra South Korea. The new subsidiary will be managed by Hong-Kwon Moon, reporting to Yves Delhaye, Lectra director for ASEAN, South Korea, India and Australia.

The opening of the South Korean subsidiary will help accelerate Lectra’s 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.

This new subsidiary is, after China, one of the spearheads of Lectra’s Asian expansion, particularly in the automotive and fashion markets where South Korean companies hold an increasingly important position worldwide. Lectra South Korea will support local companies, as well as South Korean groups with an international presence, some of which figure amongst Lectra’s largest customers. Many of them are subcontracting production to other Asia countries and throughout the world and are showing a growing interest in innovative solutions to improve efficiency and competitiveness while ensuring a high level of quality.

Prior to joining Lectra, Hong-Kwon Moon was sales director at Siemens, where he managed large accounts such as General Motors Korea. He previously worked in marketing and business at Hewlett Packard and Citibank in Korea. Hong-Kwon Moon holds an MBA in marketing and finance from Columbia Business School, New York, United States.