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April 26, 2024

Samsung Engineering wins W159b project from Samsung Electronics

PUBLISHED : December 24, 2018 - 09:37

UPDATED : December 24, 2018 - 09:37

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[DISCLOSURE] Samsung Engineering (028050) announced on Dec. 21 that it has signed a 159.39 billion won (US$141.39 million) contract with affiliate Samsung Electronics (005930) for an industrial project. 

This amounts to 2.88 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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