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April 19, 2024

Samsung C&T bags W993.4b order from Samsung Electronics

PUBLISHED : August 13, 2018 - 10:41

UPDATED : August 13, 2018 - 10:41

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[DISCLOSURE] Samsung C&T (028260) announced on Aug. 10 that it has signed a 993.4 billion won (US$875.86 million) contract with its affiliate Samsung Electronics (005930) to build a semiconductor manufacturing facility in Hwaseong, Gyeonggi Province. 

This amounts to 3.39 percent of its 2017 revenue and the contract is valid until April 30, 2020.

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

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