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G-Smatt Global signs an exclusive sales deal, to pay $8.5 mil royalty

June 17, 2016 - 17:04 By 황유미
[DISCLOSURE] G-Smatt Global (114570) has signed an exclusive sales contract in United States with G-Smatt America for its “smart glass,” the firm announced on June 17. For the 10-year contract including sales rights and licensing, the company will pay 10 billion won (US$8.5 million) in non-refundable royalty.