UniTest signs 16.2 billion won SK Hynix test equipment deal
The contract covers 14.72% of UniTest's 2025 revenue and runs from October 21, 2026 to February 12, 2027, with equipment made in South Korea.
UniTest has disclosed a single sales and supply contract with SK Hynix for semiconductor test equipment, valued at 16,226,000,000 Korean won excluding VAT, according to digitaltoday.co.kr.
The deal equals 14.72% of UniTest's revenue of 110,195,025,305 won, calculated on its 2025 consolidated financial statements. The equipment is self-produced by UniTest and the supply area is South Korea.
The contract period runs from October 21, 2026 to February 12, 2027. Payment is split 90% after delivery of the equipment and 10% once setup is completed. The contract is not conditional, and no down payment or advance payment is involved.
SK Hynix's main business is listed as manufacturing and selling semiconductor devices. UniTest said in the disclosure that it has carried out similar contracts with SK Hynix over the past three years.
Financial backdrop
At its December 2025 fiscal year close, UniTest reported total assets of 171.3 billion won, liabilities of 77.3 billion won and equity of 94 billion won, alongside revenue of 110.2 billion won, an operating loss of 21.1 billion won and a net loss of 22.4 billion won.
The company listed on the KOSDAQ market on December 5, 2006, in the special-purpose machinery manufacturing sector. Its share price stood at 11,660 won at 11:10 a.m. on October 21, up 660 won, or 6%, from the previous day.
Quick answers
How much is UniTest's contract with SK Hynix worth?
The contract is valued at 16,226,000,000 Korean won, excluding VAT, which equals 14.72% of UniTest's revenue of 110,195,025,305 won based on 2025 consolidated financial statements.
When does the supply contract run?
The contract period runs from October 21, 2026 to February 12, 2027, with supply in South Korea.
What are the payment terms?
90% is paid after equipment delivery and 10% after setup is completed, with no down payment or advance payment.