Signed 28.7 Billion Won Enterprise SSD Controller Supply Contract (31% of Revenue)
-
Signed a 28.68 billion KRW (USD 19 million) enterprise SSD controller supply contract with an overseas NAND flash memory manufacturer, representing 31.04% of 2025 consolidated revenue (92.42 billion KRW)
-
Contract period from May 21, 2026 to December 11, 2026, with payment due by the following Friday after delivery
-
Received 10% advance payment (USD 1.9 million, approx. 2.87 billion KRW) on December 2, 2025
-
In case of cancellation, compensation is the lesser of 0.5% of canceled amount or direct unavoidable costs
-
Counterparty information undisclosed due to business confidentiality
KOSDAQ Filing Information
-
Filing: Conclusion of a Single Sales and Supply Contract
-
Company: FADU (440110)
-
Submission: FADU INC.
-
Receipt: 05-22-2026
-
Under KRX KOSDAQ Market Division