Hyosung Advanced Materials Signs Carbon Fiber Supply Contract Worth 157.2 Billion KRW
[Asia Economy Reporter Minwoo Lee] Hyosung Advanced Materials announced on the 5th that it has signed a carbon fiber supply contract worth 157.2 billion KRW with Hanwha Solutions. This amount corresponds to 6.56% of last year's consolidated sales. The company explained, "This is a contract to supply carbon fiber products produced by our company to Hanwha Solutions for six years," adding, "The contract amount is the total cumulative supply amount over the contract period (6 years)."
Hot Picks Today
"Now Our Salaries Are 10 Million Won a Month" Record High... Semiconductor Boom Drives Performance Bonuses at Major Electronic Component Firms
- Experts Already Watching Closely..."Target Price Set at 970,000 Won" Only Upward Momentum Remains [Weekend Money]
- Prime Minister Kim Minseok: "Samsung Electronics Strike Could Cost Up to 1 Trillion Won per Day, 100 Trillion Won Total... Tomorrow's Talks Are the Last Chance" (Comprehensive)
- Did Samsung and SK hynix Rise Too Much?... Foreign Assets Grow Despite Selling [Weekend Money]
- Is It Really Like an Illness? "I Can't Wait to Go Again"—Over 1 Million Visited in Q1, Now 'Busanbyeong' Takes Hold [K-Holic]
This content was produced with the assistance of AI translation services.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
