Asia
NainTech Wins KRW25.4 Billion Display Manufacturing Equipment Contract from LG Electronics
NainTech (KOSDAQ:267320) secured a display manufacturing equipment supply contract from LG Electronics (KRX:066570), according to a Tuesday filing with the Korea Exchange.The contract, valued at 25.4 billion won, is valid till Dec. 31, 2027.Shares of NainTech, which develops equipment and machinery for motor vehicles, plant automation, and gauges for inspection and automation machinery, rose more than 2% at market close, while those of LG Electronics added over 3%.
KOSDAQ:267320KRX:066570
