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April 21, 2024

Samkee Automotive inks W94.1b deal with LG Chem

PUBLISHED : November 16, 2018 - 14:11

UPDATED : November 16, 2018 - 14:11

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[DISCLOSURE] Samkee Automotive (122350) announced on Nov. 16 that it has signed a 94.1 billion won (US$83.37 million) contract with LG Chem (051910) to supply 2 types of end plates for electronic vehicle batteries. 

The deal amounts to 32.2 percent of its 2017 revenue and the contract is valid until Dec. 31, 2026.

By Hwang You-mee (glamazon@heraldcorp.com

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