# Kwangmyung Electric wins $5.3M switchgear supply contract with Samsung Electronics

Kwangmyung Electric (광명전기) signed a contract with Samsung Electronics to supply switchgear (수배전반) for the Pyeongtaek P2L PJT UT building. The contract is worth 5.91431 billion KRW (approximately $5.3 million), representing 5.18% of Kwangmyung Electric's 2018 revenue, with a contract period ending June 30, 2019.

- Type: Contract
- Announced: 2019-04-05
- Where: Pyeongtaek, South Korea
- Value: $5.30M (591.4M KRW)
- Status: completed
- Products: switchgear (수배전반)
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Samsung Electronics](https://endata.com/companies/647.md) (customer)
- [Kwangmyung Electric](https://endata.com/companies/28049.md) (supplier)

## Sources

- [biz.heraldcorp.com](https://biz.heraldcorp.com/article/1964662), 2019-04-05: "광명전기는 삼성전자와 평택P2L PJT UT동 수배전반 공급계약을 체결했다고 5일 공시했다."

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