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April 25, 2024

OE Solution wins W10.3b order from Samsung Electronics

PUBLISHED : February 25, 2019 - 20:03

UPDATED : February 25, 2019 - 20:03

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[DISCLOSURE] OE Solutions (138080) announced on Feb. 25 that it has signed a 10.34 billion won (US$9.25 million) contract with Samsung Electronics (005930) to supply optic modules for 5G telecommunications base transceiver stations. 

This amounts to 13.49 percent of its 2017 revenue and the contract is valid until May 24. 

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

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