[Asia Economy Reporter Hwang Yoon-joo] Raon People announced on the 7th that it has terminated the supply contract for vehicle exterior inspection devices worth 1.5 billion KRW, which was signed with Hyundai Glovis.



The company stated, "The contract did not meet the test evaluation criteria," and added, "We are conducting a legal review of the termination details and are preparing active responses, including legal action."


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing