Zaram Technology Signs 1.3 Billion KRW XGSPON ASIC Mass Production Supply Contract, Boosting Revenue Outlook
Zaram Technology has entered into a 1.3 billion KRW mass production supply contract for XGSPON ASICs with Arrow Global Supply Chain Services Inc.
The contract amount represents 12.2% of the company's recent annual sales of 10.6 billion KRW, with a contract period from July 2026 to April 2027.
Payment terms are 90 days after invoice issuance with no advance payment.
This agreement follows the initial design and supply contract signed in October 2023 and will supply products to Europe and North America.
[AI Summary]This contract marks the transition to mass production from the earlier design phase, supporting stable revenue growth. However, the contract size is moderate relative to total sales, limiting its direct impact on stock price.