Thales represents more than 40% of market share in rail signalling solutions, with seven urban rail & eight mainline signalling projects secured.
Thales has been present in the Korean transportation market since 2002. Thales secured seven urban metro projects (URS) and eight main line projects (MLS) in the country. As a result, Thales is known as a leader in state of art rail signalling solutions for both urban rail and mainline in close collaboration with Korean players such as Hyundai Rotem, Woojin and DaeaTi. Thales also collaborates with Korean Prime contractors such as LS ELECTRIC for export projects in 3rd party countries.
In 2016, Thales opened revenue services for two metro line driverless operation systems by CBTC (Communication based Train Control): the southern extension of the SinBundang Line (Jeongja-Gwanggyo) and Incheon Metro Line 2. In 2018, following the opening of Gyeongchun Line and Jeolla Line, our main line system successfully supported the Pyeongchang Winter Olympic Games. We also secured contracts for the CBTC signalling system of SinBundang Line 3rd extension (Gangnam-Yongsan) in 2018 and for the on-board signalling system for Incheon line 2. Six trains were further added in 2019.