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The Korea Herald
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THE INVESTOR
April 27, 2024

Market Now

DA Technology bags W7.4b order from China

  • PUBLISHED :August 04, 2017 - 10:50
  • UPDATED :August 04, 2017 - 10:50
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[DISCLOSURE] DA Technology (196490) announced on Aug. 4 that it has signed a 7.4 billion won (US$6.56 million) contract with China’s Wanxiang A123 Systems Asia to supply manufacturing automation equipment for secondary batteries. 

This amounts to 9.88 percent of its 2016 revenue and the contract is valid until Oct. 25.

By Hwang You-mee (theinvestor@heraldcorp.com)

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