# Maxrotek wins KRW 7.4 billion industrial robot automation system contract from Hyundai Motor

Maxrotek has signed a contract with Hyundai Motor to supply industrial robot automation systems worth KRW 7.43 billion. The contract period runs until January 1, 2019.

- Type: Contract
- Announced: 2018-05-24
- Where: South Korea
- Value: $6.90M (7.43B KRW)
- Status: announced
- Products: industrial robot automation systems
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Hyundai Motor Company](https://endata.com/companies/6382.md) (customer)
- [Maxrotek](https://endata.com/companies/18489.md) (supplier)

## Sources

- [yna.co.kr](https://www.yna.co.kr/view/AKR20180524065800008), 2018-05-24: "맥스로텍은 현대자동차와 산업용로봇 자동화 시스템 공급계약을 맺었다고 24일 공시했다."

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