SUNIC SYSTEM Signs OLED Large-Area Deposition Equipment Supply Contract with LG Display... Boosts Future Revenue Expectations

SUNIC SYSTEM has signed a supply contract with LG Display for OLED large-area deposition equipment. Contract period: May 22, 2026 to May 21, 2027.
The contract amount is not disclosed due to the counterparty's request for trade secret protection, with a disclosure deferral until May 21, 2027. The down payment (30%) has not yet been received; a corrective disclosure will follow upon receipt.
Payment terms: 30% down payment, 60% upon delivery, and 10% after final inspection. This structure enhances contract execution stability.
LG Display is a global display giant, and this contract validates SUNIC SYSTEM's OLED equipment technology. It also raises expectations for additional orders.
SUNIC SYSTEM's 2025 consolidated revenue was approximately KRW 515.7 billion. Although the contract size is undisclosed, a major contract with a key customer is a positive signal.
[AI Comprehensive Analysis]This contract signing is positive, confirming SUNIC SYSTEM's technological competitiveness and partnership with LG Display. However, the undisclosed amount and delivery timeline over a year away limit near-term earnings impact. Shareholder value is medium-to-long-term positive, but caution is needed until specific figures are confirmed.