Mercury Expands Wi-Fi 7 Supply to KT... Contract Value Rises to KRW 14.2 Billion

Mercury, a company specializing in information and communications equipment, is strengthening its next-generation wireless communications equipment business by expanding the value of its Wi-Fi 7 AP (access point) supply contract with KT.

Mercury announced in a regulatory filing on October 29 that the value of its Wi-Fi 7 AP supply contract with KT had been revised from KRW 8.78 billion to KRW 14.2 billion. The contract value increased by KRW 5.42 billion, and the revised contract amount represents 11.5% of Mercury's revenue in 2025.

Under the contract, Mercury will supply Wi-Fi 7 APs to KT through August 31, 2027.

Wi-Fi 7 is a next-generation wireless communications standard that supports wider bandwidth, faster data transmission speeds, and lower latency than Wi-Fi 6. As demand for high-speed, high-capacity communications grows for services such as high-definition video and real-time data, telecommunications operators are also expected to increase their adoption of next-generation Wi-Fi equipment.

In July, Mercury signed a KRW 18.4 billion contract with KT to supply Wi-Fi 6 APs. By expanding the value of its Wi-Fi 7 supply contract as well, the company has broadened the range of products it supplies to the next-generation communications equipment market.

Mercury said that, by supplying KT with next-generation Wi-Fi 7 products in addition to its existing Wi-Fi 6 products, it has secured a product lineup capable of meeting the growing demand for higher-speed, higher-capacity communications.

In addition to Wi-Fi APs, Mercury develops and supplies a range of communications equipment, including 5G CPE (customer premises equipment for fifth-generation mobile communications), 10G ONTs (10-gigabit optical network terminals), and Internet of Things (IoT) products. Through these offerings, the company is expanding its communications equipment business portfolio.

A Mercury official said, "The expansion of this contract is significant because it shows that our technological capabilities and supply capacity have also been recognized for our Wi-Fi 7 products. We will strengthen our partnerships with customers and expand business opportunities in the next-generation communications equipment market through stable product supply and ongoing technology development."

This content was produced with the assistance of AI translation services.