iCRAFT Signs 51.8 Billion KRW Supply Contract with Naver Cloud, Boosting Revenue Outlook
iCRAFT has signed a supply contract with Naver Cloud for NVIDIA Infiniband Network switches under the 2026 NIPA project, with a contract value of 51.8 billion KRW, representing 25.09% of its 2025 consolidated revenue.
The contract runs from June 2026 to March 2027 and will be executed through outsourcing. Naver Cloud, a major domestic IT company, is a highly credible counterparty, reducing performance risk.
This contract is expected to positively impact iCRAFT's revenue growth but has no direct link to capital changes or shareholder return policies.
[AI Summary]iCRAFT secured a 51.8 billion KRW supply contract with Naver Cloud, providing a revenue growth driver. The contract size, equivalent to 25% of revenue, is likely to boost near-term earnings, and the partnership with a trusted counterparty enhances business stability.