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THE INVESTOR
June 21, 2018
Big Reunion

Avaco receives W14.5b order from LG Electronics

  • PUBLISHED :September 25, 2017 - 17:39
  • UPDATED :September 25, 2017 - 17:39
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[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)

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