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피터빈트

Samkee Automotive pens W21b supply deal with Hyundai, Kia

By KH디지털2

Published : Oct. 21, 2016 - 14:49

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[DISCLOSURE] Samkee Automotive (122350), an auto parts manufacturer, said on Oct. 21 that it has signed a contract worth 20.6 billion won (US$18.2 million) with Hyundai Motor (005380) and its smaller affiliate, Kia Motors (000270) to supply three different models of valve body for CVT, which stands for Continuously Variable Transmission.

The deal amounts to 7.47 percent of the firm’s revenue in 2015.

By Jung Min-kyung (mkj1105@heraldcorp.com)

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