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[Breaking] ICD Signs 29.6 Billion Won FPD Manufacturing Equipment Supply Contract

ICD announced in a regulatory filing on the 8th that it has signed a 29.6 billion won FPD manufacturing equipment supply contract with China's Chengdu BOE Displ

Oseong Kwon
Staff Reporter
2 min read
[Breaking] ICD Signs 29.6 Billion Won FPD Manufacturing Equipment Supply Contract
CBC News

ICD announced in a regulatory filing on the 8th that it has signed a 29.6 billion won FPD manufacturing equipment supply contract with China's Chengdu BOE Display Technology Co., Ltd.

The key details of this contract are as follows:

Contract Amount: 29,568,948,120 won (based on USD 19,303,400) • Ratio to Revenue: 15.01% of the most recent consolidated revenue for 2025 (19,704,147,769,700 won) • Contract Period: July 3, 2026 – June 20, 2027 • Contract (Order) Date: July 7, 2026 (the company explained that this date is the 'document receipt date') • Supply Region: China • Payment Terms: 30% advance payment, 60% interim payment, 10% balance; or 90% interim payment, 10% balance

Regarding the basis for calculating the contract amount, the company stated, "We applied the base exchange rate as of July 7, 2026 (1 USD = 1,531.80 won)," adding, "The actual contract amount may change depending on future exchange rate fluctuations." It also added, "The contract amount and contract period may be subject to change depending on future progress."

Oseong Kwon
Staff Reporter

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