[DISCLOSURE] Ubiquoss (078070) announced on Jan. 22 that it has signed a unit price contract worth 29.2 billion won (US$27.36 million) with LG Uplus (032640) to supply network switch and ethernet passive optical network equipment.

The deal amounts to 25.81 percent of its 2016 revenue and the contract is valid until Dec. 31.

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