Hanmi wins rare Samsung Electro-Mechanics order worth $18.3M

South Korea's Hanmi Semiconductor has secured a KRW24.48 billion (about US$18.3 million) equipment order from Samsung Electro-Mechanics. The deal is rare for Hanmi after years of limited business with Samsung Group affiliates following a patent dispute.

• Order value is KRW24.48 billion, about US$18.3 million
• Customer is Samsung Electro-Mechanics
• Rare deal after patent dispute with Samsung
• Samsung is expanding chip substrate capacity by US$5 billion