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Justem signs 7.4 billion won OLED process equipment deal with LG Electronics

Justem said on Tuesday it signed a contract with LG Electronics to supply process equipment for an OLED manufacturing line, with the contract running through July 2027. The order is worth 7.4 billion won and is the largest single project Justem has won from LG Electronics. The company said it has supplied vacuum logistics equipment for IT OLED and laser patterning equipment for R&D. It plans to use the deal as a foothold to enter the OLED mass-production equipment market.