Thales has, in the course of many military programmes over the past years, transferred technology and it’s capabilities to Korea. Thales actively supports Korean military research bodies by providing equipment, technology and engineering assistance in the development of local equipment.
In 2000, Thales created a Joint Venture focusing on defence activities with Samsung known as Samsung Thales Corporation (STC), which was transferred to the Hanwha Group in 2015. In 2016, Thales decided the sale 50% stake in Hanwha Thales. Today Thales is partnering with Hanwha Systems but also with other defence companies on a case by case basis.
In the transportation domain, Thales has signed a General Cooperation Agreement with Hyundai Rotem in order to address both domestic and export projects, and is working with DAEATI, the country’s leading signalling company, in order to reinforce the Group’s local presence.
Partnering for exports
Thanks to the interactions with the Korean industry ( Naval Shipyards , EPCs ) Thales is offering solutions for Naval , Transportation, Critical Infrastructure projects and supporting the country’s export capabilities.