- CEO
- Chan-Jong Moon
- Full Time Employees
- 238
- Sector
- Transportation
- Industry
- Other transportation
- Address
- Seongnam-si South Korea
- IPO Date
- Dec 5, 2017
- Business
- sTraffic Co., Ltd. is a South Korea-based transportation system integration and information technology company specializing in intelligent transportation systems, automated toll collection, railway signaling, and electronic fare collection solutions. Founded in 2013 as a spin-off from Samsung SDS, the company is headquartered in Seongnam-si, Gyeonggi-do, South Korea, and operates internationally with regional operations supported by subsidiaries such as STraffic America. The company serves public transport authorities, railway operators, highway corporations, and municipal governments across South Korea, North America, and broader Asian markets.
The company delivers comprehensive technology solutions across two primary divisions: Road Traffic Solutions and Rail Traffic Solutions. Its road traffic portfolio includes electronic toll collection systems, featuring multi-lane free flow smart tolling architectures; dedicated short-range communications transceivers utilizing infrared and radio-frequency technologies; automated toll plaza operational software and transaction settlement engines; intelligent transportation systems and cooperative intelligent transport systems for traffic surveillance, incident detection, and variable message controls; and artificial intelligence-driven road hazard monitoring platforms. Its rail traffic portfolio encompasses railway signaling and safety systems, including Korean Train Control Systems for urban transit (KTCS-M) and high-speed rail (KTCS-2) engineered up to Safety Integrity Level 4 standards; computer-based electronic interlocking systems; centralized traffic control platforms; LTE-R railway telecommunication infrastructure; vertical platform screen doors; and automatic fare collection systems, comprising next-generation smart fare gates, contactless validation terminals, station controllers, and multimodal clearinghouse solutions.
In recent corporate developments, sTraffic expanded its railway portfolio and global reach by executing the 74.5 billion KRW acquisition of LS ELECTRIC's railway signaling business division, securing railway signaling assets and established customer networks in Asian markets including Taiwan, Thailand, and Bangladesh. In North America, the company accelerated its footprint through high-profile transit automation contracts, completing systemwide rollouts of next-generation fare gates for the San Francisco Bay Area Rapid Transit, delivering fare gate modernization modules for the Washington Metropolitan Area Transit Authority, and advancing procurement initiatives with the Los Angeles County Metropolitan Transportation Authority. Additionally, sTraffic completed the corporate spin-off and strategic divestment of majority ownership in its electric vehicle charging division, SSCharger, allowing the company to concentrate resources on intelligent transportation system integration and artificial intelligence-enabled smart city mobility infrastructure projects.