# Jaram Technology signs KRW 16.5B ASIC design and supply contract

Jaram Technology signed a contract for XGSPON ASIC design and supply worth KRW 16.5 billion (approx. USD 12.2 million) with an undisclosed European customer. The contract runs from October 4, 2023 to February 3, 2025.

- Type: Contract
- Announced: 2023-10-05
- Where: Europe
- Value: $12.2M (16.5B KRW)
- Status: announced
- Products: XGSPON ASIC
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Jaram Technology](https://endata.com/companies/73055.md)
- [Company A](https://endata.com/companies/15004.md) (customer)

## Sources

- [dnews.co.kr](https://www.dnews.co.kr/uhtml/view.jsp?idxno=202310051427049170618), 2023-10-05: "자람테크놀로지는 XGSPON 주문형반도체(ASIC) 설계 및 공급계약을 체결했다고 5일 공시했다."
- [asiae.co.kr](https://www.asiae.co.kr/en/article/2023100517394707845), 2023-10-05: "We were able to sign the contract by having our independently developed technology recognized by a global top-tier client."

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