South Korean technology company DMS (KOSDAQ:068790) secured a display panel manufacturing equipment contract from Guangzhou China Star Optoelectronics Printing Display Technology, according to a Monday filing with the Korea Exchange.
Guangzhou China Star Optoelectronics Display is a wholly-owned subsidiary of TCL China Star Optoelectronics Technology, the display unit of TCL Technology Group Corp. (SHE:000100).
The contract, valued at 67.7 billion won, is valid till March 4, 2027.
Shares of TCL Technology Group Corp. fell more than 2% at market close.
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