What even large American companies could not do, Korean small and medium-sized companies did it [Choi Hyeong-chang's Inside China]

Reporter Choi Hyeong-chang

Entered 2024.08.12 10:11 Modified 2024.08.12 10:40

Interview with Moon Chan-jong, CEO of STraffic, a KOSDAQ listed company

Installation of transportation systems in Washington DC, San Francisco, etc.

Significant contribution to reducing fraudulent riding

Popular in Southeast Asia and Central and South America, such as smart tolling

 

Subway gate installed by STraffic in Washington DC, USA. Provided by STraffic

Washington, DC, the capital of the United States, suffered from the problem of illegal subway rides until a few years ago. Free riding, such as jumping through the turnstile or pushing through the door without buying a ticket, was rampant. Washington DC has changed since last year. This problem was almost solved after domestic small and medium-sized enterprises installed a local transportation system. Doors made of polycarbonate, which is 200 times stronger than glass, were raised to a height of 150 cm at 98 subway stations in Washington DC to prevent illegal boarding.

As word of mouth spread in the U.S., San Francisco also adopted the company's system, and other states are also sending 'love calls'. Following K-pop and K-Beauty, this is the story of STraffic, a KOSDAQ listed company that set out to conquer North America with the K-Transportation System. Chanjong Moon, CEO of STraffic, said, “In the past, Europe and Japan were advanced countries in transportation, but now the world is paying attention to our excellent transportation system.” He added, “We have accomplished what even large American companies could not do, and we are proud of exporting our transportation system.” “I feel it,” he said.

Moon Chan-jong, CEO of STraffic, is introducing his company at the Pangyo headquarters. Reporter Choi Hyeong-chang

 

Original Source : 미국 대기업도 못한 일, 한국 중소기업이 해냈다 | 한국경제 (hankyung.com)