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April 21, 2024

LIS wins W19.4b order from China

PUBLISHED : November 21, 2017 - 19:50

UPDATED : November 21, 2017 - 19:50

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[DISCLOSURE] LIS (138690) announced on Nov. 21 that it has signed a 19.4 billion won (US$17.77 million) contract with China’s Yungu (Gu’an) Technology to supply laser manufacturing equipment. 

The deal amounts to 18.8 percent of its 2016 revenue and the contract is valid until Feb. 28, 2018.

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

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