[Breaking] Gigavis Signs 6.46 Billion Won Inspection Equipment Supply Contract with Chinese Semiconductor Substrate Manufacturer
Gigavis announced on the 29th that it has signed a 6.46 billion won supply contract for semiconductor substrate inspection equipment with a Chinese semiconducto
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Gigavis announced on the 29th that it has signed a 6.46 billion won supply contract for semiconductor substrate inspection equipment with a Chinese semiconductor substrate manufacturer.
The key details of the contract are as follows:
- Contract Amount: 6,462,414,000 won (equivalent to USD 4.41 million)
- Share of Revenue: 12.32% of recent revenue (5,243,499,593 won)
- Contract Period: July 28, 2026 – February 28, 2027
- Payment Terms: 10% down payment, 80% interim payment, 10% balance (VAT exempt as an export contract)
- Exchange Rate Basis: 1,465.40 KRW/USD (based on the exchange rate on the contract date of July 28, 2026)
The counterparty to this contract is a Chinese semiconductor substrate manufacturer. While it has no special relationship with Gigavis, it has a track record of executing similar contracts over the past three years.
The specific company name has not been disclosed at the request of the client for confidentiality, and detailed information related to the contract will remain confidential until February 28, 2027.
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