Samsung Electric: Subsidiary Signs 175 Million Yuan Overseas Operation Contract

date
06/08/2026
Samsung Electric announced that its holding subsidiary, Fokks, has signed a contract for the delivery of the AMI smart metering infrastructure project for the Polish Electricity Authority. The total contract amount is 97,295,900 Polish zoty, approximately 175 million yuan, accounting for 1.22% of the company's audited revenue for the 2025 fiscal year. The execution of this contract will have a positive impact on performance, marking an important breakthrough for the company in the Polish electricity market and helping to strengthen its competitive advantage in Europe. However, there are risks associated with contract execution, including force majeure and international trade policies.