Mutual defense

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Mutual defense

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Representatives of LIG Nex1 sign a memorandum of understanding on Thursday at the Indo Defence 2016 conference in Jakarta, Indonesia. The MOU was signed to enhance a strategic alliance on digital communication devices with the state-run defense company PT LEN. Since the Indonesian company is responsible for the country’s army communications, the MOU is expected to significantly expand business opportunities in the country for LIG Nex1. The Korean company previously exported 30 billion won ($26 million) worth of PRC-999KE/C radio models in 2006. [LIG NEX1]

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