# WaveElectro signs KRW 661M initial production deal with LIG Nex1 for Hyungung

WaveElectro agreed a contract with LIG Nex1 worth about KRW 661 million for initial mass production of the Hyungung product, disclosed on 10 January 2017.

- Type: Contract
- Announced: 2017-01-10
- Where: South Korea
- Value: $585K (661.0M KRW)
- Status: announced
- Products: Hyungung initial production units

## Companies

- [WaveElectro](https://endata.com/companies/723.md)
- [LIG Nex1](https://endata.com/companies/724.md) (customer)

## Sources

- [etoday.co.kr](https://www.etoday.co.kr/news/view/1439523), 2017-01-10: "웨이브일렉트로는 LIG넥스원과 약 6억6100만 원 규모의 현궁 초도양산 사업 계약을 맺었다고 10일 공시했다."

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