It will provide inspection equipment worth 6.5 billion won
Youngwoo DSP will supply Tianma will 6.5 billion won of organic light emitting diode (OLED) inspection equipment, the company said on Thursday.
The contract will last from July 29 to October 8, Youngwoo DSP said.
The supply deal follows the South Korean display equipment maker’s 30.8 billion contract with CSOT earlier this month.
Last year, Youngwoo DSP also singed a 3.8 billion won supply deal for OLED equipment with Japan’s Tomen Devices.
A company spokesperson said it was winning more contracts from China as the country expands its investment into OLED. Youngwoo DSP will continue to win orders from abroad to increase its earnings, they added.
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