iWons wins 3.3 billion KRW order from LG Display... "Operating profit over 25 billion KRW this year"
Expected Sales Over 170 Billion KRW and Operating Profit Over 25 Billion KRW This Year
Diversification of Domestic and International Clients, Increased Order Volume Forecast 'Largest Profit Since Establishment'
[Asia Economy Reporter Ji Yeon-jin] I-ones, a semiconductor and display production parts development company (CEO Moon-ki Lee), announced on the 8th that it has secured a display equipment order worth 3.26 trillion KRW from LG Display.
Following its main overseas clients and Samsung Electronics, I-ones is expanding its client base to LG Display and expects to achieve its "largest-ever" operating profit since its founding, exceeding 25 billion KRW this year. The company anticipates an operating profit margin of 15%, and sales are expected to surpass 170 billion KRW, approaching the record high sales of 178.2 billion KRW achieved in 2018.
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I-ones, which holds over 30% market share in Samsung Electronics' semiconductor cleaning sector, has signed a display equipment order contract worth nearly 4 billion KRW as its first volume from LG Display, marking the official start of client diversification.
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