Business · Companies · 2 hrs ago
Wooriro wins 22.8 billion won optical semiconductor order
South Korean company Wooriro won an optical semiconductor order from China’s ETERN Group.
The order is worth 16.992 million US dollars, or about 22.8 billion won.
That amount equals 53.6% of Wooriro’s sales last year, making the deal significant for the company.
Wooriro’s shares rose after news of the order.
At 9:13 a.m.
on Oct.
16, they were up 11.89% at 8,000 won on the KOSDAQ market.
The available information does not say when the order will be delivered or what happens next.
Wooriro signed a contract worth about 22.8 billion won to supply optical semiconductors for data centers.
The buyer is China’s ETERN Group, and the contract was disclosed after the regular market closed the previous day.
The products are CWDM-AWG wafers and chips used to separate or combine optical signals.
Wooriro said the supply builds its track record with North American hyperscalers and connects it to global technology companies’ data-center supply chains.
Wooriro shares rose about 10% to 12% in early trading on Oct. 16.
- Who
- Wooriro and China’s ETERN Group.
- What
- Wooriro agreed to supply optical semiconductors for data centers in a contract worth about 22.8 billion won.
- When
- The contract was disclosed after the regular market closed on Oct. 15, 2026.
- Where
- Not stated
- Why
- Not stated
This story does not have two clearly opposing sides.
Wooriro disclosed the supply contract after the regular market closed.
Wooriro shares were reported up 11.89% at 8,000 won.
Wooriro shares were reported up 10.35% at 7,890 won.
- Contract value
- About 22.8 billion won
- Buyer
- China’s ETERN Group
- Products
- CWDM-AWG wafers and chips
- Share of prior-year revenue
- 53.6%
- Stock exchange
- KOSDAQ