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. Last Updated: 07/27/2016

Hyundai's Russian TVs

MOSCOW () -- The Russian firm IVK has signed a $1.3 million contract with Korean firm Hyundai to assemble 10,000 color televisions by the end of the year at the Kvant electronics factory in the Moscow region, Interfax reported Thursday.

Earlier this month, IVK signed a deal with U.S. firm Intel to assemble computers, retailing at under $2,000, based on the company's Pentium chip at Kvant.