Fadu Secures KRW20.4 Billion Enterprise SSD Controllers Supply Contract; Shares Jump 17%

MT Newswires Live

02/12

Fadu (KOSDAQ:440110) secured an enterprise solid-state drive (SSD) controller supply contract from an undisclosed overseas NAND flash memory manufacturer, according to a Thursday filing with the Korea Exchange.

The contract, valued at 20.4 billion won, is valid till July 10.

Shares of Fadu jumped nearly 17% in recent trade.

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