Latest South Korea Market News

X2M Connect has landed a A$1.1 million contract to supply 50,000 additional personal safety devices to Seoul’s AI-powered smart city infrastructure, pushing contracted volumes to 150,000 and underpinning a strong start to FY27.

X2M Connect Limited has secured over $5.5 million in new South Korean contracts for remote water metering, signaling strong momentum heading into FY26. The company’s expanding customer base and addressable market highlight its growing influence in the Asia-Pacific IoT sector.