[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
![[Breaking] ICD Signs 29.6 Billion Won FPD Manufacturing Equipment Supply Contract](https://media.cbcglobe.com/tenants/cbc00000-0000-4000-8000-000000000001/media/cbc/2026/06/581748/ed2a73c31f2e2200/variants/hero.webp)
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."
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