Trimble and KT Corporation to Deliver Bundled Telecom and Precise Positioning Services in South Korea
Rhea-AI Summary
Trimble (Nasdaq: TRMB) and KT Corporation (NYSE: KT) have announced a strategic collaboration to provide precise positioning services across South Korea using the Trimble RTX Fast network. The partnership will deliver bundled telecom, correction, and precise positioning services offering centimeter-level accuracy for automotive OEMs and IoT companies.
The collaboration leverages KT's extensive network infrastructure throughout Korea and Trimble's RTX Fast network, which currently covers over seven million square miles globally. The service will support advanced applications including ADAS, V2X capabilities, smart city infrastructure, advanced field robotics, and software-defined vehicles.
Positive
- Strategic expansion of Trimble RTX Fast network into South Korea, following existing presence in North America and Europe
- Partnership provides seamless integration with existing IoT infrastructure and one-stop solution for correction services and connectivity
- Access to KT's comprehensive network coverage across urban, rural, mountainous, and island regions in South Korea
- Solution enables ASIL-certified positioning for automotive manufacturers' advanced driving applications
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, TRMB gained 0.38%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
New Collaboration Will Enable Centimeter-level Accuracy for Auto and IoT Applications Nationwide
Trimble's real-time GNSS correction services are purpose-built for the connected future with expansive global coverage via IP/cellular and satellite delivery. Trimble RTX Fast provides real-time centimeter-level positioning to enhance safety, unlock greater performance, automate workflows and enable increased productivity.
"We are committed to growing and expanding our technology coverage to enable a more connected world of the future," said Olivier Casabianca, vice president, advanced positioning at Trimble. "With an existing footprint in
With more than seven million square miles (18 million square kilometers) of Trimble RTX Fast network coverage around the world, automotive manufacturers and IoT companies can leverage a consistent positioning technology platform ideal for enabling a broad range of applications.
OEMs can now seamlessly test and develop their advanced driving applications from prototype to production, leveraging these ASIL-certified positioning solutions. In collaboration with KT Corporation, Trimble will deliver a unified positioning and correction services solution tailored explicitly for vehicles equipped with advanced driver assistance systems (ADAS) or vehicle-to-everything (V2X) capabilities. This enables enhanced connectivity, driving greater effectiveness across a variety of applications, including IoT deployments such as smart city infrastructure, advanced field robotics and software-defined vehicles.
"With KT's broad coverage of wired and wireless network infrastructure evenly distributed across
Key benefits of the Trimble and KT Corporation combined solution of bundled services will include:
- Seamless integration with existing IoT infrastructure
- Ability to purchase correction services and connectivity simultaneously
- Access to local expertise and support
To learn more about Trimble's precise positioning technology for automotive and IoT applications, visit https://positioningservices.trimble.com.
To learn more about KT Corporation's nationwide network, visit https://enterprise.kt.com/pd/P_PD_BS_TS_001.do.
About KT Corporation
Founded in 1981, KT has established itself as a leader in the Korean telecommunications industry and is currently transforming into an AICT company. In addition, KT has been developing a connected car business that encompasses communication, software, and content since 2004, and plans to develop a smart city business to create a safe and convenient urban environment through precision positioning service cooperation with Trimble.
About Trimble
Trimble is a global technology company that connects the physical and digital worlds, transforming the ways work gets done. With relentless innovation in precise positioning, modeling and data analytics, Trimble enables essential industries including construction, geospatial and transportation. Whether it's helping customers build and maintain infrastructure, design and construct buildings, optimize global supply chains or map the world, Trimble is at the forefront, driving productivity and progress. For more information about Trimble (Nasdaq: TRMB), visit: www.trimble.com.
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SOURCE Trimble