Trio-Tech International Secures Three-Year Contract Worth $4.45 Million
Trio-Tech International (TRT) has secured a three-year contract valued at approximately $4.45 million with an existing European automotive semiconductor customer. The agreement includes the provision of burn-in testing equipment, along with technical and maintenance support services over the duration of the contract. The news was well-received by investors, as TRT's shares rose nearly in response to the announcement. This new deal is expected to contribute positively to Trio-Tech’s revenue stream for at least three years, reinforcing its position within the automotive semiconductor testing market.
Topics: automotive semiconductor contract award technical support