# TES signs KRW 48.08 billion semiconductor equipment contract with SK hynix

TES Co., Ltd. concluded a confirmed KRW 48.08 billion sales and supply contract with SK hynix for semiconductor manufacturing equipment in the Republic of Korea. The contract represents 13.69% of TES's most recent sales.

- Type: Contract
- Announced: 2026-11-12
- Where: South Korea
- Value: $36.2M (48.1B KRW)
- Status: completed
- Products: semiconductor manufacturing equipment
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [SK Hynix](https://endata.com/companies/2769.md) (customer)
- [TES Group](https://endata.com/companies/17721.md) (supplier)

## Sources

- [tipranks.com](https://www.tipranks.com/news/company-announcements/tes-signs-krw-48-08-billion-semiconductor-equipment-contract), 2026-11-12: "TES concluded a confirmed KRW 48.08 billion sales and supply contract with SK hynix for semiconductor manufacturing equipment"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.