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Jusung Engineering signs supply contract with LG Display worth W38b

[DISCLOSURE] Jusung Engineering (036930) announced on Oct. 17 that it has signed a 37.6 billion won (US$32.95 million) contract with LG Display (034220) to supply display manufacturing equipment. The contract cost is equivalent to 21.42 percent of Jusung Engineering’s 2015 revenue.

The equipment will be supplied for its operations in China, and the contract lasts until Feb. 1, 2017.


By Park Yuna (yunapark@heraldcorp.com)
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