To South Korean battery maker
Cowin Tech said on Tuesday that it has supplied 4 billion won worth of production automation equipment to a South Korea battery maker.
The deal is equivalent to 4.4% of its 2019’s full year sales of 91.1 billion won.
The kits are used for the customer’s smart factory investments.
Cowin Tech said it was hoping for orders for automation kits to rise in light of the COVID-19 pandemic.
It expects to win new clients in Europe, China, the Americas and Southeast Asia next year for growth.
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