FRTech Signs 3.1 Billion KRW Contract to Supply Repeaters

[Asia Economy Reporter Lee Seon-ae] FRTek announced on the 8th that it has signed a supply contract worth 3.1 billion KRW for 5G 28GHz repeaters with its local subsidiary, FRTek US LLC. This amount corresponds to 12.77% of the company's sales from the previous year, and the contract period is from the 6th of this month to June 4th.

The company explained, "This project is scheduled to be delivered to the US telecommunications company Verizon."