The Korea Herald

피터빈트

Chips & Media signs US$1.6m video IP licensing contract

By 황유미

Published : June 29, 2016 - 10:52

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[DISCLOSURE] Chips & Media (094360) has signed a 18.9 billion won (US$1.6 million) contract with a Japanese semiconductor company for video intellectual property licensing, it announced on June 29. This amounts to 15.71 percent of its recent revenue. The other party of the contract will remain confidential due to its nondisclosure clause.