PIE Signs KRW 9,555,840,000 Supply Deal for Secondary Battery Process Vision Systems... “Expanding Into ESS”
TECHWORLD · · 1 views
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PIE signed a supply contract for a “secondary battery process vision system” with a global secondary battery equipment specialist.
The contract is worth KRW 9,555,840,000, or 14.68% of last year’s consolidated revenue.
The supply period runs through the end of October 2027.
PIE announced on the 13th that it had signed a supply contract for a “secondary battery process vision system” with a global secondary battery equipment specialist. The contract is worth KRW 9,555,840,000. This accounts for 14.68% of PIE’s consolidated revenue last year.
The supply period runs through the end of October 2027. The two companies plan to pursue close technical cooperation during the supply period and establish an advanced inspection solution for the target deployment.
PIE said the deal would demonstrate its AI vision inspection capabilities in the large-scale ESS process segment. It also plans to validate its AI vision inspection and data solutions through supplies to global ESS production lines.
Based on this, PIE plans to accelerate efforts to secure new growth engines. It also plans to expand its applications and focus on securing a stronger market position.
PIE said it has accumulated high-precision vision inspection and reading algorithm technologies in the EV battery market, adding that its technological level is among the best in the world. The company said it has succeeded in advancing inspection solutions tailored to large-scale ESS processes that respond to high demands for stability and reliability.
Based on this, PIE signed a large-scale contract with a global secondary battery manufacturer. CEO Choi Jeong-il said the latest deal marks the start of expanding its entry into the ESS market, and PIE said it expects additional order wins at home and abroad in the second half of the year through next year as it has established a cooperation framework with global top-tier partners.
Source: TECHWORLD · Lee Gwang-jae
Original: https://www.epnc.co.kr/news/articleView.html?idxno=408110
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Source: TECHWORLD
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