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A COMPARATIVE STUDY OF THE TELEMATICS INDUSTRY IN KOREA AND CHINA
In this era of digital convergence, telematics has been hailed as a field with unlimited market potential. Telematics involves the integrated use of telecommunications and informatics and thus can provide drivers and passengers with high-value services with a number of functions, including location traffic information, internet access, and vehicle testing. This study discusses the regional development trends in and characteristics of the telematics industry from a global perspective and compares Korea's telematics industry (which has developed into a test bed for information technology) with China’s telematics industry (which has experienced rapid growth and received considerable attention from global firms). Specifically, the study investigates the development trends in and characteristics of the telematics industry in the two countries; the major industry players; and the differences in the development of the telematics industry between the two countries.
Young-Wook Song, Ji Dae Kim, Liangri Yu, Hyun Kyung Lee, Hyung Seok Lee