FORMAX NETWORK - Driving Contents & Solution

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FORMAX

The true value of connected cars lies in the quality of real-time traffic data.

According to McKinsey, more than 700,000 fully autonomous robo-taxi rides are already taking place every week around the world, and achieving commercial maturity in autonomous driving is projected to require upwards of $3 billion in software investment alone. The pace and scale of investment in mobility AI has already crossed a critical threshold.
FORMAX Networks has been solving this fundamental problem since 1996 — long before autonomous driving became a multi-billion dollar industry. Our core solution, FX-Traffic, goes beyond the limitations of fixed road sensors by leveraging FCD (Floating Car Data) — collecting and analyzing real-time speed data from countless vehicles across the national road network as they drive. But that’s not all. Accidents, road closures, sudden weather changes — the unexpected is always part of the equation. Our Road Hazard Information (RHI) layer captures these incidents the moment they occur and delivers them without delay.
To ensure seamless, uninterrupted service, FORMAX Networks operates 24/7, 365 days a year. The future of autonomous mobility is being built on billions of dollars of investment. But for that future to function on real roads, a trustworthy real-time data infrastructure must come first.
That is exactly why global mobility companies trust FORMAX Networks. Explore the data infrastructure powering the future of mobility at the FORMAX Networks website.
https://www.formax.co.kr/rnd.html
Reference: ’Where to next? Insights from autonomous-vehicle experts’ — McKinsey Center for Future Mobility, January 6, 2026

FORMAX

Roadi providing core solutions including traffic, maps and DevOps.
Traffic Information OpenLR™ Implementation Technology

Vehicles are mobile and they are based on dynamic systems. We need to choose a dynamic way to provide detailed and fast traffic information to those dynamic systems, and OpenLR™ is one such way.

OpenLR™ is a map-agnostic traffic data collection protocol that can convey location information even when using different maps. It was developed by global mapping company TomTom and is a royalty-free, open standard. As many cities in Europe are using OpenLR™ to generate traffic information, it is also applied to Korean vehicles many European countries have imported. OpenLR™ is even versatile because this system can pass location information when using different maps.

Formax Network has already been involved in a project to develop a process to match the traffic information applied to exported Korean vehicles to Europe with the one OpenLR™ provides. We have the technology to build various global standard traffic map systems which can be provided through Roadi platform. It has core solutions in the areas of implementing various contents for drivers, building traffic map systems, and DevOps of related systems.
FORMAX

Quarterly Review of Sales Status of Imported Cars

After a brief review of imported car sales status of 2022 in South Korea three months ago, we have checked the sales performance of imported cars for the first quarter of 2023 and have identified a meaningful change. The top imported car preference throughout the year of 2022 was Mercedes-Benz, but not in Q1 2023.

BMW went up significantly both in ‘brand’ and ‘sales volume’ sectors, ranking top in market share of Q1 with 5% lead over Mercedes Benz. Although the result is only of the first quarter, it seems that Mercedes Benz is losing its market share to BMW, AUDI, Volvo and Lexus. By model, Mercedes Benz’s once-unstoppable E-Class handed over top position to BMW 5 Series, followed by AUDI A6 and Lexus ES. After several years of anti-Japanese sentiment, Lexus ES came back and showed a strong performance in the first quarter by ranking in the fifth place.,

What’s unusual is the appearance of GMC, a leading American truck and SUV manufacturing company. As a newfound interest in car camping spread throughout the country in recent years, there has been an increasing preference for trucks and SUVs which attracted numerous consumers, and consequently this phenomenon was reflected in reality.

Formax (FX-Traffic) provides real-time traffic information and road hazard information in Korea to help you find the best route and cope with unexpected situations on the road.
FORMAX

At Formax Network, the data quality management is second to none.
Part 1. FX-LBS Express Bus Arrival Time Information System

In Korea, there is a service that informs the expected arrival time of all express buses in a real time basis. The core technology of this service is a system that calculates the expected travel time to the destination, and Formax Network is the one who operates the service.

Formax Network uses FX-TRAFFIC and FX-LBS platforms to calculate the exact time of arrival. One of the reasons why the Arrival Guidance System operates accurately is because of the constant data quality control. To control data quality, a dedicated team monitors the data in real time and utilizes a self-developed electronic map-based analysis tool to analyze the data produced on a daily basis. If an error occurs out of standard, we immediately search for the cause and upgrades are made to reduce the error.

With our data processing platform and quality control efforts, people in Korea are experiencing the accurate arrival time information on all express buses.
FORMAX

MBC TPEG - data service for connected cars in South Korea

Any idea what data service is reliable for connected cars in South Korea?

MBC TPEG is the one that provides various information necessary for drivers, such as real-time road speed, speed camera and sudden accident information based on IP and DMB (Digital Multimedia Broadcasting). This service has been operated for sixteen years since the beginning of data broadcasting service in Korea in 2007, and IP-based TPEG service began to be provided in 2018.
[※ TPEG(Transport Protocol Experts Group) is an application level data format standard for transmitting traffic information and travel information to terminals.] It is the best connected-car information service that combines the advantages of broadcasting and IP, and is already applied to a number of latest imported automobiles in Korea including Mercedes-Benz, Audi and Porsche.

Formax Network provides FX-TRAFFIC - the core content of MBC TPEG. In addition, we are also responsible for developing and operating various TPEG service systems and sales. All FX-TRAFFIC content can be provided through various platforms, and the method of application is open to any appropriate desired type.

MBC TPEG website : http://www.mbctpeg.com/eng/
FORMAX

2022 Review of Sales Status of Imported Cars in Korea

The most-sold car brand in South Korea? Of course, Hyundai and Kia are unassailable in the Korean auto sales market, but imported cars also show figures that cannot be ignored as well.

According to the data released by the Korea Automobile Importers & Distributors Association (KAIDA), Mercedes-Benz ranked the highest in preference in Korea last year as it always has been in the past. Although its market share declined by a very small number compared to that of 2021, it is continuously strong with the sales share of 28.48%.

Two noteworthy points could be also found in the above charts. One is that the second-ranked BMW narrowed the gap of its sales market share with Mercedes-Benz from 4% in 2121 to 0.85%, which is the evidence that the preference for BMW has relatively increased. Another notable point is the appearance of Polestar, the electric vehicle made by Sweden. The leader in the market share of imported electric vehicle brand in South Korea has always been Tesla, but Polestar which was out of the ranking until 2121 appeared in the chart for the first time. Besides, by car models, Mercedes-Benz’s E-Class maintains the absolute advantage, followed by BMW’s 5 Series and Mercedes-Benz’s S-Class.

Formax Network provides real-time traffic information and road hazard information to imported cars in Korea such as Benz, AUDI, and Porsche through our FX-Traffic platform which enables drivers to search for optimal routes and cope with unexpected situations on the road.
FORMAX

New vision of CES2023 and the way forward for FX-TRAFFIC

Last week on the January 5, CES2023 officially began in Las Vegas on the largest scale since Covid-19 epidemic. The core keywords of this year’s CES are focused on these three words : hyper-connectivity, eco-friendliness and AI. Hyper-connectivity ultimately means the connection of everything around us including people, various electronic devices and vehicles. Self-driving cars must also be one of the main targets of hyper-connectivity.

Formax Network has already started the research on AI-based road traffic data to evolve the driving ability of these self-driving cars more intelligently. The purpose of the study is to generate artificial intelligence data that can predict future traffic flow by using AI analysis techniques from traffic big data collected in real time. The use of AI traffic data generated this way can have the effect of reflecting years of experience of taxi drivers in a congested city center, and this will be an essential factor in realizing intelligent self-driving cars.

Formax has conducted the above-mentioned research to develop dynamic pattern speeds that change over time in general pattern data, and to make plans to create traffic data that continues to evolve based on these existing research results.

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