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March 29, 2024

TES seals W16.5b deal with Samsung Electronics

PUBLISHED : June 13, 2017 - 10:57

UPDATED : June 13, 2017 - 10:57

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[DISCLOSURE] TES (095610) announced on June 13 that it has signed a contract worth 16.5 billion won (US$14.62 million) with Samsung Electronics (005930) to supply semiconductor manufacturing equipment.

This amounts to 9.4 percent of its 2016 revenue and the contract is valid until Aug. 31.

By Hwang You-mee (theinvestor@heraldcorp.com)

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