{"success":true,"data":{"pressRelease":{"id":"163723","rtpr_id":"nBw1s9Dfha-20261008","ticker":"FPT","exchange":"","all_tickers":["FPT"],"title":"FPT and Inswave Partner to Advance Talent Development and System Integration in South Korea","author":"Business Wire","published_at":"2026-10-08T02:30:00.121Z","article_body":"FPT and Inswave Partner to Advance Talent Development and System Integration\nin South Korea\n\nGlobal technology corporation FPT and South Korean enterprise software\nprovider Inswave have signed a memorandum of understanding (MOU) to expand\ncollaboration in talent development, system integration (SI), and application\ndelivery in South Korea. The partnership will combine Inswave’s enterprise\nsoftware expertise with FPT’s large-scale delivery capabilities to build\nspecialized technology talent and strengthen enterprise application delivery\nfor customers across sectors.\n\nThis press release features multimedia. View the full release here:\nhttps://www.businesswire.com/news/home/20261007559201/en/\n(https://www.businesswire.com/news/home/20261007559201/en/)\n\nBuilding on a collaboration established in 2020, FPT and Inswave will expand a\njoint delivery framework combining FPT’s system integration expertise and\nKorea-based and offshore delivery resources with Inswave’s enterprise\nsoftware platforms. The collaboration will strengthen support across the\napplication lifecycle, from design and development to customization, testing,\nand maintenance, while enabling a more integrated approach to increasingly\ncomplex enterprise environments.\n\nAs part of the MOU, FPT will expand its pool of specialists across Inswave\ntechnologies, including WebSquare AI and WebSquare 5, through structured\nknowledge transfer, developer certification, implementation guidelines, and\nbest practices. This will strengthen delivery consistency and scalability\nwhile enabling both companies to pursue opportunities across solution\narchitecture, project execution, and customer success in Korea and selected\noverseas markets.\n\nThe partnership will also establish a coordinated go-to-market approach,\ncombining FPT’s customer reach and delivery capabilities with Inswave’s\nenterprise software portfolio. The two companies will engage strategic\naccounts through customer programs, joint proposals, and other market\ndevelopment initiatives.\n\n“Korea’s SI market is being redefined as enterprises move beyond executing\npredefined requirements toward specialized engineering that can translate\nrapidly evolving technologies into production systems at scale,” said Le\nXuan Loc, FPT Korea Senior Vice President and Chief Delivery Officer, FPT\nCorporation. \"With Inswave’s WebSquare already well established across the\nmarket, expanding FPT’s expertise on the platform creates a stronger bridge\nbetween application modernization and large-scale systems delivery, allowing\nus to deliver faster, more resilient transformation for enterprises in Korea\nand beyond.\"\n\n\"Growing the number of professional developers proficient in Inswave products\nbenefits both our customers and the market,\" said Ko Hak-bong, Vice President\nof Inswave. \"Starting with training and certification, we will turn our\ncooperation with FPT into tangible results.\"\n\nOver the past decade, FPT has established itself as a trusted digital partner\ndelivering end-to-end IT services to leading South Korean enterprises across\nsectors, including LG Electronics, LG CNS, and Shinsegae I&C, among\nothers. With a growing footprint across Seoul, Daegu, and Pangyo, the tech\nfirm now boasts more than 300 on-site experts and over 3,000 offshore\nengineers serving the market. Backed by its AI-First strategy and\nindustry-tailored accelerators, this delivery network supports large-scale\nenterprise modernization and deeper technology collaboration between South\nKorea and Vietnam.\n\nAbout FPT\n\nFPT Corporation (FPT) is a globally leading Vietnam-headquartered technology\nand IT services provider, with operations spanning more than 30 countries and\nterritories. Over more than three decades, FPT has consistently delivered\nimpactful solutions to millions of individuals and tens of thousands of\norganizations worldwide. With a strong focus on mastering strategic\ntechnologies, FPT continues to drive innovation across industries. As an\nAI-first company, FPT is committed to elevating Vietnam’s position on the\nglobal tech map and delivering world-class AI-enabled solutions for global\nenterprises. FPT reported a total revenue of USD 2.66 billion (FY2025) and a\nworkforce of over 44,000 employees across its core businesses.\n\nFor more information, please visit https://fptsoftware.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ffptsoftware.com&esheet=54617527&newsitemid=20261007559201&lan=en-US&anchor=https%3A%2F%2Ffptsoftware.com&index=1&md5=489efdc81eccc5f7180e8263b488fbe1)\n.\n\nAbout Inswave\n\nInswave (KOSDAQ: 450520, listed September 25, 2023) is an AI and DX solutions\ncompany that leads Korea's web-standard UI/UX market with the No. 1 domestic\nmarket share. Since its founding in 2002, it has accumulated more than 20\nyears of experience, serving around 900 customers and successfully completing\nmore than 4,000 projects. Its flagship solution, WebSquare AI, is an AI\nagent-based UI/UX development platform that extends the concepts of\nAI-augmented development and AI Copilot to support AI agent-driven development\nautomation and optimization. With WebSquare AI at the forefront, Inswave is\nrapidly growing as an AX company.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20261007559201/en/\n(https://www.businesswire.com/news/home/20261007559201/en/)\n\nMedia Contact\n\nMai Duong (Ms.)\n\nFPT Corporation\n\nFPT Software PR Manager\n\nMCP.PR@fpt.com (mailto:MCP.PR@fpt.com)\n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBw1s9Dfha-20261008","title":"FPT and Inswave Partner to Advance Talent Development and System Integration in South Korea","author":"Business Wire","ticker":"FPT","created":"2026-10-08T02:30:00.121Z","tickers":["FPT"],"exchange":"","article_body":"FPT and Inswave Partner to Advance Talent Development and System Integration\nin South Korea\n\nGlobal technology corporation FPT and South Korean enterprise software\nprovider Inswave have signed a memorandum of understanding (MOU) to expand\ncollaboration in talent development, system integration (SI), and application\ndelivery in South Korea. The partnership will combine Inswave’s enterprise\nsoftware expertise with FPT’s large-scale delivery capabilities to build\nspecialized technology talent and strengthen enterprise application delivery\nfor customers across sectors.\n\nThis press release features multimedia. View the full release here:\nhttps://www.businesswire.com/news/home/20261007559201/en/\n(https://www.businesswire.com/news/home/20261007559201/en/)\n\nBuilding on a collaboration established in 2020, FPT and Inswave will expand a\njoint delivery framework combining FPT’s system integration expertise and\nKorea-based and offshore delivery resources with Inswave’s enterprise\nsoftware platforms. The collaboration will strengthen support across the\napplication lifecycle, from design and development to customization, testing,\nand maintenance, while enabling a more integrated approach to increasingly\ncomplex enterprise environments.\n\nAs part of the MOU, FPT will expand its pool of specialists across Inswave\ntechnologies, including WebSquare AI and WebSquare 5, through structured\nknowledge transfer, developer certification, implementation guidelines, and\nbest practices. This will strengthen delivery consistency and scalability\nwhile enabling both companies to pursue opportunities across solution\narchitecture, project execution, and customer success in Korea and selected\noverseas markets.\n\nThe partnership will also establish a coordinated go-to-market approach,\ncombining FPT’s customer reach and delivery capabilities with Inswave’s\nenterprise software portfolio. The two companies will engage strategic\naccounts through customer programs, joint proposals, and other market\ndevelopment initiatives.\n\n“Korea’s SI market is being redefined as enterprises move beyond executing\npredefined requirements toward specialized engineering that can translate\nrapidly evolving technologies into production systems at scale,” said Le\nXuan Loc, FPT Korea Senior Vice President and Chief Delivery Officer, FPT\nCorporation. \"With Inswave’s WebSquare already well established across the\nmarket, expanding FPT’s expertise on the platform creates a stronger bridge\nbetween application modernization and large-scale systems delivery, allowing\nus to deliver faster, more resilient transformation for enterprises in Korea\nand beyond.\"\n\n\"Growing the number of professional developers proficient in Inswave products\nbenefits both our customers and the market,\" said Ko Hak-bong, Vice President\nof Inswave. \"Starting with training and certification, we will turn our\ncooperation with FPT into tangible results.\"\n\nOver the past decade, FPT has established itself as a trusted digital partner\ndelivering end-to-end IT services to leading South Korean enterprises across\nsectors, including LG Electronics, LG CNS, and Shinsegae I&C, among\nothers. With a growing footprint across Seoul, Daegu, and Pangyo, the tech\nfirm now boasts more than 300 on-site experts and over 3,000 offshore\nengineers serving the market. Backed by its AI-First strategy and\nindustry-tailored accelerators, this delivery network supports large-scale\nenterprise modernization and deeper technology collaboration between South\nKorea and Vietnam.\n\nAbout FPT\n\nFPT Corporation (FPT) is a globally leading Vietnam-headquartered technology\nand IT services provider, with operations spanning more than 30 countries and\nterritories. Over more than three decades, FPT has consistently delivered\nimpactful solutions to millions of individuals and tens of thousands of\norganizations worldwide. With a strong focus on mastering strategic\ntechnologies, FPT continues to drive innovation across industries. As an\nAI-first company, FPT is committed to elevating Vietnam’s position on the\nglobal tech map and delivering world-class AI-enabled solutions for global\nenterprises. FPT reported a total revenue of USD 2.66 billion (FY2025) and a\nworkforce of over 44,000 employees across its core businesses.\n\nFor more information, please visit https://fptsoftware.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Ffptsoftware.com&esheet=54617527&newsitemid=20261007559201&lan=en-US&anchor=https%3A%2F%2Ffptsoftware.com&index=1&md5=489efdc81eccc5f7180e8263b488fbe1)\n.\n\nAbout Inswave\n\nInswave (KOSDAQ: 450520, listed September 25, 2023) is an AI and DX solutions\ncompany that leads Korea's web-standard UI/UX market with the No. 1 domestic\nmarket share. Since its founding in 2002, it has accumulated more than 20\nyears of experience, serving around 900 customers and successfully completing\nmore than 4,000 projects. Its flagship solution, WebSquare AI, is an AI\nagent-based UI/UX development platform that extends the concepts of\nAI-augmented development and AI Copilot to support AI agent-driven development\nautomation and optimization. With WebSquare AI at the forefront, Inswave is\nrapidly growing as an AX company.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20261007559201/en/\n(https://www.businesswire.com/news/home/20261007559201/en/)\n\nMedia Contact\n\nMai Duong (Ms.)\n\nFPT Corporation\n\nFPT Software PR Manager\n\nMCP.PR@fpt.com (mailto:MCP.PR@fpt.com)\n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-10-08T02:30:00.16674806Z","server_sent_at_ms":1791426600166},"received_at":"2026-10-08T02:30:00.217Z","source_url":"https://www.businesswire.com/news/home/20261007559201/en/"},"analysis":{"id":"152170","press_release_id":"163723","analysis_json":{"industry":{"label":"IT Services","sector":"Information Technology"},"redFlags":[],"eventType":"partnership","narrative":"FPT signed an MOU with South Korean enterprise software provider Inswave to expand collaboration in talent development, system integration, and application delivery in South Korea.\n\nThe partnership builds on a collaboration established in 2020 and will expand FPT's pool of specialists in Inswave's WebSquare AI and WebSquare 5 platforms through training, certification, and joint go-to-market initiatives.\n\nFPT already fields more than 300 on-site experts and over 3,000 offshore engineers serving the Korean market, with customers including LG Electronics, LG CNS, and Shinsegae I&C; the MOU strengthens its Korea delivery position though no financial terms were disclosed.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"FPT deepens its Korea footprint via an MOU with Inswave around WebSquare AI platform delivery and certified developer talent."},"keyFigures":{"customDimensions":{"employees":"over 44,000","fy2025_revenue":"USD 2.66 billion","korea_onsite_experts":"more than 300","korea_offshore_engineers":"over 3,000"}},"quotedText":"Korea’s SI market is being redefined as enterprises move beyond executing predefined requirements toward specialized engineering that can translate rapidly evolving technologies into production systems at scale","namedEntities":{"people":[{"name":"Le Xuan Loc","role":"FPT Korea Senior Vice President and Chief Delivery Officer, FPT Corporation"},{"name":"Ko Hak-bong","role":"Vice President of Inswave"},{"name":"Mai Duong","role":"FPT Software PR Manager"}],"products":["WebSquare AI","WebSquare 5"],"companies":[{"name":"FPT Corporation","ticker":"FPT","relationship":"filer / partner"},{"name":"Inswave","ticker":"450520","relationship":"partner"},{"name":"LG Electronics","relationship":"customer"},{"name":"LG CNS","relationship":"customer"},{"name":"Shinsegae I&C","relationship":"customer"}],"dollarAmounts":[{"amount":"USD 2.66 billion","context":"FPT total revenue FY2025"}]},"materialImpact":{"score":2,"reasoning":"An MOU to expand an existing 2020 collaboration in talent development and system integration in South Korea. No financial terms or revenue figures disclosed; moderately positive but routine partnership news for a large IT services firm."},"tickerRelevance":{"others":[{"ticker":"450520","relevance":"partner"}],"primary":"FPT"},"globalImportance":20,"audienceRelevance":15,"eventTypeSecondary":["operations_update"],"importanceComponents":{"tickerTier":"large-cap regional (Vietnam-listed)","eventGravity":"non-binding MOU, no financial terms","householdBrandBoost":false,"existingRelationship":"collaboration since 2020"}},"event_type":"partnership","event_type_secondary":["operations_update"],"sentiment":"bullish","material_impact_score":2,"narrative":"FPT signed an MOU with South Korean enterprise software provider Inswave to expand collaboration in talent development, system integration, and application delivery in South Korea.\n\nThe partnership builds on a collaboration established in 2020 and will expand FPT's pool of specialists in Inswave's WebSquare AI and WebSquare 5 platforms through training, certification, and joint go-to-market initiatives.\n\nFPT already fields more than 300 on-site experts and over 3,000 offshore engineers serving the Korean market, with customers including LG Electronics, LG CNS, and Shinsegae I&C; the MOU strengthens its Korea delivery position though no financial terms were disclosed.","key_figures":{"customDimensions":{"employees":"over 44,000","fy2025_revenue":"USD 2.66 billion","korea_onsite_experts":"more than 300","korea_offshore_engineers":"over 3,000"}},"named_entities":{"people":[{"name":"Le Xuan Loc","role":"FPT Korea Senior Vice President and Chief Delivery Officer, FPT Corporation"},{"name":"Ko Hak-bong","role":"Vice President of Inswave"},{"name":"Mai Duong","role":"FPT Software PR Manager"}],"products":["WebSquare AI","WebSquare 5"],"companies":[{"name":"FPT Corporation","ticker":"FPT","relationship":"filer / partner"},{"name":"Inswave","ticker":"450520","relationship":"partner"},{"name":"LG Electronics","relationship":"customer"},{"name":"LG CNS","relationship":"customer"},{"name":"Shinsegae I&C","relationship":"customer"}],"dollarAmounts":[{"amount":"USD 2.66 billion","context":"FPT total revenue FY2025"}]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:5c812bd9e28b810d","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-08T02:30:08.236Z","global_importance":20,"audience_relevance":15,"importance_components":{"tickerTier":"large-cap regional (Vietnam-listed)","eventGravity":"non-binding MOU, no financial terms","householdBrandBoost":false,"existingRelationship":"collaboration since 2020"}},"durationMs":7998,"modelName":"glm-5.3-flashx"}}