Economy/Home · Economy

Device Signs 25.7 Billion KRW Display Equipment Supply Contract with China's CSOT... Approaching 30% of Revenue

Device has signed a display manufacturing equipment supply contract worth over 25.6 billion KRW with Guangzhou China Star Optoelectronics Printing Display Techn

Oseong Kwon
Staff Reporter
3 min read
Device Signs 25.7 Billion KRW Display Equipment Supply Contract with China's CSOT... Approaching 30% of Revenue
CBC News

Device has signed a display manufacturing equipment supply contract worth over 25.6 billion KRW with Guangzhou China Star Optoelectronics Printing Display Technology Co., Ltd. (CSOT), a Chinese display company.

According to a regulatory filing on the 7th, the total contract amount is 25,651,420,000 KRW. This is a large-scale order equivalent to 30.51% of Device's consolidated revenue (84,082,993,642 KRW) based on its 2025 consolidated financial statements. It is an unconditional firm contract, and the supply region is China.

  • *[Key Contract Details]**
  • Contract Period: July 6, 2026 – November 5, 2026
  • Down Payment (40%): T/T (Telegraphic Transfer) method
  • Interim Payment (50%): L/C (Letter of Credit) method after FOB (Free On Board) shipment
  • Final Payment (10%): T/T method within 6 months after FAT (Factory Acceptance Test) or FOB shipment

[Exchange Rate and Schedule Guidelines] The company explained that the contract amount is equivalent to USD 16.66 million, converted at the exchange rate (1 USD = 1,539.70 KRW) on the contract date of July 6, 2026, and represents the supply amount excluding value-added tax.

Additionally, the contract (order) date is based on the date of receipt of the customer's PO (Purchase Order), and the contract end date may change depending on the customer's circumstances and inspection schedule.

Oseong Kwon
Staff Reporter

CBC Globe publishes verified stories with editorial review, source checks, and tenant-specific publication standards.