Fadu Wins KRW6.87 Billion SSD Supply Contract from Taiwan-based Macnica Galaxy

MT Newswires Live

10/17

Fadu (KOSDAQ:440110) secured a contract with import-export company Macnica Galaxy for the supply of solid-state drives (SSDs), according to a Friday filing with the Korean Exchange.

Under the contract valued at 6.87 billion won, the South Korean chipmaker will supply semiconductors and related solutions to the Taiwan-based firm till June 15, 2026.

Shares of Fadu fell more than 3% at market close.

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