This is an amended filing · View original →
Sapien Semiconductors Inc. Display driver chip supply contract end date moved to Dec 11 from Oct 16
SAI summary · Not investment advice
Sapien Semiconductors Inc. moved the end date of its amended display driver chip co-development and supply contract (KRW 14.5 billion) from October 16 to December 11.
Contract amount
KRW 14.5 billion
84% of recent revenue · USD 9,591,720 converted at KRW 1,513.30/USD
Key facts
- Contract details
- Display driver chip co-development and supply contract
- Recent revenue
- KRW 17.3 billionAs of 2025
- % of revenue
- 84%
- Counterparty
- CA(California) BigTech companyCustomer
- Supply region
- Americas
- Contract period
- Aug 21, 2024 – Dec 11, 2026End date changed from 2026.10.16
- Contract date
- May 27, 2026Date of amended contract · original contract 2024.08.25
- Payment terms
- Down payment or advance payment included
- Disclosure deferral
- Partially withheld at customer's request
Commentary
AI commentary · Not investment advice
What happened
Sapien Semiconductors moved the end date of its display driver chip co-development and supply contract from October 16 to December 11. The counterparty is described only as a California big tech company. The contract amount is KRW 14.5 billion. That is USD 9,591,720 converted at KRW 1,513.30 per dollar. The company said the end date is based on product delivery and payment.
In the company's terms
The amount equals 84% of its revenue for 2025 (KRW 17.3 billion). The contract is an amended version of a deal first signed on August 25, 2024. The company said it has carried out similar contracts with this customer in the past three years.
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