MI Cube Solution has won a contract for the project to build Samsung Electro-Mechanics' new MLCC (Multi-Layer Ceramic Capacitor) plant in the Philippines.

According to a regulatory filing on the 13th, MI Cube Solution signed a single sales and supply agreement with Samsung Electro-Mechanics for the construction of a test center (TC) at the new MLCC plant in the Philippines. The contract amount is KRW 2,092,000,000, excluding value-added tax. This is equivalent to 8.2% of MI Cube Solution's most recent standalone revenue for 2025 (KRW 25,620,442,016).

• The main details of the contract are as follows:
• Counterparty: Samsung Electro-Mechanics
• Contract type: Unconditional definitive contract
• Contract date: July 10, 2026 (based on electronic signature completion)
• Contract period: August 1, 2026 – December 31, 2027
• Payment terms: 30% down payment, 40% interim payment, 30% final payment (payable upon completion of inspection)
• Supply method: In-house production

Meanwhile, the company added that the contract amount and period may be subject to change depending on future progress.