Fadu Secures KRW30.5 Billion SSD Supply Contract; Shares Jump 29%

MT Newswires Live

02/05

Fadu (KOSDAQ:440110) secured a solid state drive (SSD) supply contract from an undisclosed aerospace company, according to a Thursday filing with the Korea Exchange.

The contract, valued at 30.5 billion won, is valid till March 1, 2028.

Shares of the South Korean chipmaker jumped 29% in recent trade.

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