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April 25, 2024

Samsung Engineering inks W180b deal with Samsung Electronics

PUBLISHED : August 02, 2018 - 08:55

UPDATED : August 02, 2018 - 08:55

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[DISCLOSURE] Samsung Engineering (028050) announced on Aug. 1 that it has signed a 179.52 billion won (US$160.50 million) contract with affiliate Samsung Electronics (005930) for an industrial project in Pyeongtaek, Gyeonggi Province. 

This amounts to 3.24 percent of its 2017 revenue and the contract is valid until Nov. 30, 2019.

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

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