Pintek Signs 195.87 Billion Won Contract to Supply OLED Manufacturing Equipment to Samsung Display Vietnam

Pintek announced on July 24 that it has signed a contract with Samsung Display Vietnam to supply OLED manufacturing equipment. The contract value is 195.87 billion won (approximately $1.316 billion USD) based on the exchange rate of 1,480.90 won per USD on July 23, 2026. This represents 42.07% of Pintek's 2025 revenue of 463 billion won. Samsung Display Vietnam, which specializes in display production, reported revenue of 20.273 trillion won in 2025. Pintek has executed similar contracts with Samsung Display Vietnam in the past three years, and there are no special relationships between the companies. The contract, valid from July 23, 2026, to July 23, 2027, involves self-produced equipment with no advance payments. Payment terms include 90% upon delivery and 10% after final customer inspection. Pintek's 2025 financials show total assets of 806 billion won, liabilities of 533 billion won, and equity of 273 billion won. Its revenue was 463 billion won, with an operating loss of 29 billion won and a net loss of 80 billion won. Listed on KOSDAQ since August 17, 2015, Pintek operates in special-purpose machinery manufacturing. Its stock price closed at 2,070 won on July 24, 2026, up 15% from the previous day.