Industry
Korea IoT market accelerates shift to ODM model, Quectel offers end-to-end support
South Korea\'s IoT market is moving quickly from module-based development to ODM manufacturing as ageing and a shrinking developer pool make in-house hardware R&D harder, Quectel said. The company is responding through its unit IQTek by supporting the full process from design to production to speed product launches and reduce costs. Quectel said it holds more than 60 percent of the Korean cellular IoT module market and is also targeting growth in software-defined vehicles.
