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Samsung Electronics Co. Ltd announced an amendment on July 31, 2025, to its 'Single Sale and Supply Contract' disclosure from July 28, 2025. This amendment identified Tesla, Inc. as the counterparty for a semiconductor contract manufacturing supply agreement. The contract is valued at KRW 22,764,764,160,000 (approximately USD 16,544,160,000), represents 7.6% of Samsung's end-2024 annual revenue, and is effective from July 24, 2025, to December 31, 2033.
| Date | 31 Jul 2025 |
| Time | 08:55:05 |
| Category | Miscellaneous |
| ID | 3724T |
GENERAL TEXT AMENDMENT
The following amendment(s) has (have) been made to the 'Single Sale and Supply Contract' announcement released on 28/07/2025 at 09:19 under RNS No 7944S.
(DETAIL CHANGE).
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Before |
After |
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3. Contract counterparty |
Large global company |
Tesla, Inc. |
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9. Other important matters relevant to investment decisions |
- In accordance with the counterparty's request to maintain business confidentiality, the contract name, counterparty, and key contract terms will be disclosed on the first business day following the withholding period. |
- This is an update to the disclosure made on July 28, 2025, as the counterparty in the confidentiality protection request agreed to the disclosure of its identity.
- In accordance with the counterparty's request to maintain business confidentiality, the contract name and key contract terms will be disclosed on the first business day following the withholding period. |
All other details remain unchanged.
The full amended text is shown below.
Single Sale and Supply Contract
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1. Title of the contract |
Supply agreement for semiconductor contract manufacturing |
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2. Contract details |
Contract value |
KRW 22,764,764,160,000 |
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Annual revenue (most recent fiscal year) |
KRW 300,870,903,000,000 |
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Contract-to-revenue ratio |
7.6% |
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3. Contract counterparty |
Tesla, Inc. |
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4. Sale region |
- |
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5. Contract period |
Start date |
July 24, 2025 |
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End date |
December 31, 2033 |
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6. Key contract terms |
Existence of advance payment |
None |
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Terms of payment, etc. |
- |
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7. Contract date |
July 26, 2025 |
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8. Withholding of information |
Reason for withholding |
Confidentiality for business purposes |
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Withholding period |
December 31, 2033 |
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9. Other important matters relevant to investment decisions:
- This is an update to the disclosure made on July 28, 2025, as the counterparty in the confidentiality protection request agreed to the disclosure of its identity.
- The total contract amount in item 2 above in USD is approximately USD 16,544,160,000 based on the opening exchange rate on July 28, 2025 (i.e., 1,376.00 KRW/USD).
-The annual revenue in item 2 above is based on the consolidated financial statements as of end-2024.
- The above contract value, contract period, etc., may vary depending on operational circumstances.
- The start date in item 5 above refers to the effective date of contract as agreed upon by both parties, which differs from the contract date in the item 7.
- All dates stated in this document are based on Korea Standard Time (KST).
- In accordance with the counterparty's request to maintain business confidentiality, the contract name and key contract terms will be disclosed on the first business day following the withholding period.
- As the key details of the contract have not been disclosed to maintain business confidentiality, investors are advised to exercise caution, considering the possibility of changes to or termination of the contract.