[DISCLOSURE]
Avaco (083930) announced on Sept. 25 that it has signed a 14.5 billion won (US$12.81 million) contract with
LG Electronics (066570) to supply LCD manufacturing equipment.
This amounts to 7.26 percent of the firm’s 2016 revenue and the contract is valid until Sept. 1, 2018.
By Hwang You-mee (
glamazon@heraldcorp.com)