Samkee Automotive

Samkee Automotive announced a contract to supply KRW 99.1 billion worth of electric vehicle battery parts (End-plate components) to LG Chem for Volkswagen's MEB electric vehicle platform. The parts are essential battery components supplied in sets of two.

Samkee Automotive Co Ltd signed a contract worth 78.8 billion won ($66.08 million) with LG Chem's Polish unit. The contract is for the supply of electric vehicle battery parts.

Samkee Automotive signed a contract with Valeo (PAS) to supply Gear Shift Cylinder (GSC) Base Plates. The contract is valued at 16.68 billion won, representing 5.7% of Samkee's recent revenue.

Samkee Automotive finalized a contract with Volkswagen to expand supply of valve bodies for 7-speed DSG transmissions to Volkswagen's Kassel plant in Germany. The additional supply is for approximately 210,000 units per year, with discussions for a second expansion this month.

Samkee Automotive signed a KRW 65.3 billion contract with Hyundai Motor and Kia Motors to supply two new engine parts for the North American market. The contract runs from February 2019 to December 2022.

Samkee Automotive signed a contract to supply T/CHAIN COVER & CRANKCASE to Hyundai and Kia Motors for the North American market. The contract is valued at approximately 65.3 billion KRW and runs from February 1, 2019 to December 31, 2022.

Samkee Automotive Co Ltd signed a 35.4 billion won contract to provide bed plates. The contract was announced on January 22, 2018.

Samkee Automotive signed a KRW 39.1 billion contract with Chinese company Shengrui to supply 8-speed automatic transmission parts, including valve bodies and converter housing. A separate letter of intent for further development was also signed.

Samkee Automotive (Samgi Automotive) signed a contract with Hwashin to supply lightweight platform chassis parts worth KRW 36.17 billion, from September 2019 to December 2023.

Samkee Automotive signed a 28.2 billion won contract with Volkswagen to supply transmission cases and clutch housings. The contract runs from March 4, 2019 to December 31, 2023.

Samkee Automotive signed a contract with Hyundai Motor and Kia Motors to supply cylinder blocks, valued at KRW 112,760,840,000, with a contract period from September 1, 2019 to August 31, 2023.

Samkee Automotive signed a KRW 21.17 billion contract with Hyundai Powertech to supply automotive parts for the Chinese market.