# SMEC signs KRW 7B CNC machine tool supply contract with Jinwoo Engineering

SMEC (SMEC Co., Ltd.) signed a KRW 7 billion contract with Jinwoo Engineering to supply CNC machine tools for a Vietnamese factory. The equipment will be used for processing parts for a Korean electronics company's communication and smart devices, with delivery scheduled from October to December 2020.

- Type: Contract
- Announced: 2020-08-19
- Where: Vietnam, Vietnam
- Value: $5.90M (7.00B KRW)
- Status: announced
- Products: CNC machine tools
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [SMEC](https://endata.com/companies/16872.md)
- [Jinwoo Engineering](https://endata.com/companies/49267.md) (customer)

## Sources

- [newspim.com](https://www.newspim.com/news/view/20200819000440), 2020-08-19: "스맥은 공장자동화 설비 전문 업체 진우엔지니어링과 총 70억원 규모의 CNC공작기계 공급계약을 체결했다고 19일 밝혔다."

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