Vessel Secures Additional $1.2 Million PI System Order from China's CSOT
[Asia Economy Reporter Jang Hyowon] Vessel announced on the 10th that it has signed a PI line supply contract worth $1.2 million (approximately 1.4 billion KRW) with CSOT.
This order is an additional contract following the expansion of CSOT's T7 line, the contract counterpart announced by Vessel on April 19 last year.
The PI system is a motion and control solution that increases production speed and accuracy, making it an essential process in display manufacturing.
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The company stated, "The expansion of display-related facilities in China, which was delayed due to the COVID-19 pandemic, has recently resumed actively," and added, "We expect additional orders accordingly."
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