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DI Co Secures KRW21 Billion Chip Inspection Equipment Contract from Samsung Electronics Unit

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South Korean technology firm DI Co. (KRX:003160) secured a contract to supply semiconductor inspection equipment to Samsung Electronics' (KRX:005930) Samsung Electronics(Suzhou) Semiconductor, according to a Wednesday Korean Exchange filing.

The contract, worth 21.04 billion won, is valid till Oct. 30, the filing said.

The company will receive 90% of the payment on the 25th of the month following delivery, and the remaining 10% on the 25th of the month following inspection, it said.

Shares of Samsung Electronics fell more than 2% in recent trade.

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