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DE&T signs supply contract worth W6b

Aug. 29, 2016 - 15:40 By 윤정현
[DISCLOSURE] DE&T (079810) announced on Aug. 29 that it has signed a 5.64 billion won (US$5.01 million) contract to provide automation facilities for automotive electronics components. This amounts to 11.77 percent of its last year’s revenue on a consolidated basis.

The details of the contract will remain undisclosed until Oct. 30 when the contract expires due to a nondisclosure agreement clause for trade secrets.

By Yun Jeong-hyeon (clareyun@heraldcorp.com)