FineTech wins 10.02 billion won OLED equipment order from Samsung Display Vietnam
The deal equals 21.63% of FineTech's revenue and covers supplies from October 27, 2026 to October 27, 2027, produced entirely in-house.
FineTech has disclosed a contract to supply OLED manufacturing equipment to Samsung Display Vietnam worth 10,024,120,675 won, according to Digital Today. The South Korean display parts and equipment maker said the order was received on October 27, 2026.
The contract value equals 21.63% of FineTech's recent revenue of 46,345,235,298 won. It was calculated from USD 7,579,102.28 at an exchange rate of 1,322.60 won per dollar on October 27, 2026.
The supply region is Vietnam, and the contract period runs from October 27, 2026 to October 27, 2027. Payment terms call for a 90% interim payment after product delivery and a 10% balance after the customer's final inspection.
FineTech said the equipment will be produced in-house, with no outsourcing.
Share price reaction
FineTech's shares rose 98 won, or 9.21%, to 1,162 won as of 1:50 pm on October 28.
The company reported 2025 revenue of 46.3 billion won, an operating loss of 2.9 billion won and a net loss of 8.0 billion won. It listed on the KOSDAQ market on August 17, 2015, and the two companies have signed similar contracts over the past three years.
Quick answers
How much is FineTech's OLED equipment contract with Samsung Display Vietnam?
The contract is worth 10,024,120,675 won, equal to 21.63% of FineTech's recent revenue.
How long does the contract run?
The supply period runs from October 27, 2026 to October 27, 2027, with Vietnam as the supply region.
What are the payment terms?
FineTech receives 90% after product delivery and the remaining 10% after the customer's final inspection.