# Kwangmyung Electric signs ₩9.4B switchgear supply contract with Samsung Electronics

Kwangmyung Electric signed a contract with Samsung Electronics to supply switchboards for the Pyeongtaek P3 Project Phase 2 complex, valued at ₩9.4 billion. The contract runs until May 31, 2022.

- Type: Contract
- Announced: 2021-12-31
- Where: Pyeongtaek, South Korea
- Value: $790K (942.8M KRW)
- Status: completed
- Products: switchboards (switchgear)
- 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/2749791), 2021-12-31: "광명전기는 삼성전자와 평택P3 PJT PH2 복합동 수배전반 공급계약을 체결했다고 31일 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.