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Samgi has secured a KRW 160 billion order from a major US automaker for internal combustion engine and hybrid vehicle parts. The contract runs from 2027 to 2032.
Samgi signed an investment agreement with Daegu City to establish an electric vehicle parts manufacturing plant in the Daegu National Industrial Complex, with a total investment of 94.8 billion KRW. Construction is scheduled to begin in January 2024, with mass production starting by the end of 2024.
| Site | Largest | Latest |
|---|---|---|
| Daegu National Industrial Complex, South Korea | $72.0M | 2023-06-01 |