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April 20, 2024

Samsung Engineering wins W153.7b order from Samsung Electronics

PUBLISHED : August 14, 2018 - 11:36

UPDATED : August 14, 2018 - 11:36

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[DISCLOSURE] Samsung Engineering (028050) announced on Aug. 14 that it has signed a 153.71 billion won (US$135.67 million) contract with affiliate Samsung Electronics (005930) for an industrial project in Hwaseong, Gyeonggi Province. 

This amounts to 2.78 percent of its 2017 revenue and the contract is valid from Aug. 21, 2018 until May 31, 2020.

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

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