Thales represents more than 40% of market share in rail signalling solutions, with five urban rail & four mainline signalling projects secured in the past ten years.
Thales has been present in the Korean transportation market since 2002. Thales secured five urban metro line projects (URS) and four main lines projects MLS in the country. As a result, Thales is known as a Korean leader in high-tech rail signalling for both urban rail and mainline sectors. Looking for closer collaboration with the Korean players, Thales has established strategic partnerships with local companies such as Hyundai Rotem and DAEATI.
In 2016, Thales opened revenue services for two major lines: for 12.8 kilometres of the southern extension of the Sin Bundang Line in Seoul and for 30.2 kilometres of the Incheon Line 2.