Samsung SDI

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11:22 KoreaHerald.comSamsung SDI injects capital into JV for EV battery materials

South Korean battery maker Samsung SDI said Friday it has started injecting capital into EcoPro EM, a joint venture with EcoPro BM, a supplier of electric vehicle battery materials to Samsung. According to Samsung SDI, it will fund a total of 120 b

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17:38 InsideEVs.comSamsung SDI: xEV And ESS Battery Sales To Increase In Q2

Samsung SDI expects an increase of battery sales, which in today's world is quite positive news.

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12:02 SDI engineer pursues ceaseless learning

While people are being advised to take maintain social distancing to combat the spread of COVID-19, an engineer at battery maker Samsung SDI and his wife are gaining attention for their efforts to obtain various certificates as part of their efforts toward self-improvement.

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15:49's extension of EV subsidies to impact LG Chem, Samsung SDI, SK Innovation

Battery makers LG Chem, Samsung SDI and SK Innovation are likely to see a bumpy road ahead in improving their electric vehicle (EV) battery sales as countries affected by the COVID-19 pandemic are poised to side with domestic manufacturers to help them maintain their competitiveness against foreign players, industry officials said Tuesday.

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07:07 KoreaHerald.comSamsung SDI president takes aim at overseas future energy market

Samsung SDI President Jun Young-hyun said Wednesday he would focus on pioneering overseas energy storage systems market and investing in the company’s second battery plant in Hungary. At the general shareholders meeting held in Seoul, Jun You

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13:06 BusinessGlobal Lithium Ion Battery Market 2020 Key Players Analysis- Panasonic, Toshiba, Samsung SDI, LG Chem, BYD, GS Yuasa, CBAK Power Battery, CATL, A123 Systems and AESC Report by ReportsnReports

The Global Lithium ion Battery Market valued at USD 21,850.65 Million in the year 2019 has been witnessing unprecedented growth in the last few years on the back of increasing demand of the automotive vehicles. Lithium ion Battery is the lightest material and low maintenance battery which makes it high in demand. Increasing demand from automotive sector and the demand of sustainable resource among the leading countries is one of the major reasons behind the increasing Lithium ion battery market globally. Additionally, adoption of technologies to improve rechargeable battery is likely to supplement the Lithium ion Battery Market value in the near future.

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00:00 BusinessGlobal Stationary Lithium-ion Battery Market to 2025 - Key Players Include LG Chem, Samsung SDI & BYD Among Others

The "Stationary Lithium-ion Battery Market - Global Outlook and Forecast 2020-2025" report has been added to's offering.

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06:00 KoreaHerald.comSamsung SDI reportedly in battery supply talks with Rivian

South Korea’s leading lithium-ion battery maker Samsung SDI is in talks with US-based electric vehicle manufacturer Rivian for a deal to supply the latter with batteries, according to industry sources on Thursday. High-ranking officials of th

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16:57 InsideEVs.comSamsung SDI Expands Its Battery Plant In Hungary

Samsung SDI is gearing up for major expansion in Europe in 2021 and reportedly also for the NCA chemistry.

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16:45 BusinessSamsung SDI Expands Its Battery Plant In Hungary

Samsung SDI is gearing up for major expansion in Europe in 2021 and reportedly also for the NCA chemistry.

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11:47 KoreaHerald.comSamsung SDI announces joint venture with local battery material maker

South Korea’s second-largest battery maker Samsung SDI said Tuesday it will launch a joint venture with local battery material maker EcoPro BM, as part of its efforts to develop next-generation batteries and better respond to the growing demand

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00:38 InsideEVs.comGlencore To Supply Samsung SDI With Cobalt For 2 Million Battery Packs

Samsung SDI secured cobalt supply for several years.

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13:48 TechnologyGlencore secures five-year deal to supply cobalt to Samsung SDI

Glencore signed a five-year deal to supply battery maker Samsung SDI with up to 21,000 tonnes of cobalt, the miner and trader said on Monday.

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16:27 InsideEVs.comSamsung SDI Expands Battery Sales In Q4

In its xEV battery market outlook, Samsung SDI refers to a IHS' forecast: 176 GWh in 2020.

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20:44 Business2020 Study: Making Renewable Energy the Only Global Energy - Featuring AES, LG Chem, Samsung SDI, Siemens and Tesla

The "Global Renewable Energy - Making Renewable Energy the Only Global Energy" report from Wintergreen Research, Inc has been added to's offering.

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13:30 SDI supporting subcontractors

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11:24 KoreaHerald.comSamsung SDI pledges to reduce wage gap with contractors

Samsung SDI said Wednesday it will help reduce the wage gap between the company and its contractors as part of efforts to seek co-prosperity. South Korea’s leading lithium-ion battery maker, an affiliate of Samsung Electronics, will run a 132.2

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11:48 SDI's ESS safety technology gains global recognition

Samsung SDI's energy storage system (ESS) has passed a test developed by global safety certification company UL that recognized its ability to prevent large-scale fires in the system, the Korean company said Sunday.

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17:21 InsideEVs.comUmicore To Supply NMC Cathode Materials For Samsung SDI Batteries

Umicore scored another big contract for NMC (Nickel Manganese Cobalt) cathode materials.

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17:27 InsideEVs.comSamsung SDI: Robust Sales Growth Of xEV Batteries To Continue

Samsung SDI gradually improves sales and is confident in near-term growth.

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08:30 KoreaHerald.comSamsung SDI Q3 net up slightly on equity gains

Samsung SDI Co., a major battery maker in South Korea, said Tuesday its third-quarter net profit increased slightly due to gains from equity ties with its affiliates. Net profit for the July-September period stood at 217.3 billion won ($186 million),

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15:02'Samsung SDI's ESS is 100 percent fireproof'

ULSAN - Samsung SDI demonstrated its fire extinguishing system for energy storage systems (ESS) at its lithium-ion battery manufacturing plant in this southeastern industrial city Wednesday, in an effort to revive the beleaguered ESS industry, hit by a series of fires over the past few years.

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11:40[From the Scene] Samsung SDI demonstrates fire-safe ESS

ULSAN -- In a dark chamber with thick concrete walls at Samsung SDI’s battery manufacturing site in Ulsan on Wednesday, two officials confidently demonstrated the safety of its new energy storage system in the event of a fire. They deliberately

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17:36 InsideEVs.comEU Investigates Public Support For Samsung SDI Plant In Hungary

The European Commission may block a planned grant of €108 million for Samsung SDI to expand battery cell production in Hungary.

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15:22 SDI takes proactive safety steps to tackle ESS fires

Samsung SDI has been taking proactive steps to stop fires at energy storage system (ESS) sites in a bid to restore the ESS industry, which has been hit by a series of fires over the past few years, the company said Monday.

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13:07 TechnologyEU to investigate Hungarian state aid for Samsung SDI's battery cell plant

EU antitrust regulators on Monday voiced doubts whether Budapest's plan to grant 108 million euros ($119.2 million) to Samsung SDI's battery cell production facility in Hungary complies with the bloc's state aid rules.

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08:06 KoreaHerald.comSamsung SDI to spend W200b on ESS safety measure

Samsung SDI said it planned to adopt a special extinguishing system for its energy storage systems to prevent fires at a

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13:32 InsideEVs.comSamsung SDI To Supply Akasol With 13 GWh Of Batteries By 2027

Akasol gets volume orders for battery packs for electric commercial vehicles from global OEMs. Samsung SDI will supply cells.

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15:38 SDI inks battery supply deal with Germany's Akasol

Samsung SDI will supply its lithium-ion battery cells and modules to Germany-based battery maker Akasol, the battery-making arm of Samsung Group said Tuesday.

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11:31 KoreaHerald.comSamsung SDI to supply EV battery cells for Germany’s Akasol

Samsung SDI said Tuesday it has been picked by German firm Akasol to supply battery cells and modules for commercial veh

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08:04 KoreaHerald.comNational Assembly speaker inspects Samsung SDI plant in Hungary

National Assembly Speaker Moon Hee-sang took time on Saturday (local time) to inspect the Samsung SDI factory located ne

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15:15 SDI showcases innovative EV batteries at Frankfurt

Samsung SDI is showcasing a variety of electric vehicle (EV) batteries at the 2019 Frankfurt Motor Show to better target the European EV market, the company said Tuesday.

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11:04 KoreaHerald.comSamsung SDI showcases innovative battery solutions in Frankfurt

Samsung SDI said it showcased a slew of innovative battery solutions at the International Motor Show that kicked off in

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15:56 SDI launches eco campaign for children

Samsung SDI has been expanding its efforts to cultivate an eco-friendly mindset, hosting a summer camp program that teaches children ways to protect the environment, the battery-making arm of Samsung Group said Wednesday.

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11:06 KoreaHerald.comSamsung SDI holds environment-themed summer camp

Samsung SDI, a battery affiliate of Samsung Electronics, hosted a summer camp for about 500 children this month, providi

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15:52 InsideEVs.comSamsung SDI Increases Battery Sales. Expects Strong Second Half

Samsung SDI is gradually increasing battery sales and soon could experience a significant boost thanks to new EV/PHEV models.

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15:48 InsideEVs.comVolvo Trucks To Use Samsung SDI Batteries & Pack Tech

Volvo all-electric trucks will soon be offered globally, also through related brands in the Volvo Group.

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01:28 Benzinga.comVolvo Group Creates Alliance With Samsung SDI For Electric Truck Batteries

Volvo Group (NASDAQ: VLVLY) and Samsung SDI Co. Ltd. (KSE:006400) will jointly develop batteries for Volvo's electric trucks.
read more

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18:27 SDI batteries to power Volvo electric trucks

Samsung SDI will develop battery packs for Volvo Group's electric trucks, the carmaker said Thursday. This will mark a major expansion in the battery maker's electric vehicle portfolio.

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10:12 KoreaHerald.comVolvo, Samsung SDI to co-develop battery packs for electric trucks

Volvo Group said Thursday it has entered into a strategic alliance with Samsung SDI to develop battery packs for electri

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17:17 SDI engineer pursues top quality management

Park Shin-chul, principal engineer at Samsung SDI, has been at the forefront of the battery maker's strategy to nurture more quality management engineers because the company has been increasingly supplying its batteries to global automakers.

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14:46 SDI marks 49th anniversary

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10:05 KoreaHerald.comSamsung SDI CEO calls for innovative corporate culture

In celebration of the company’s 49th anniversary, the chief of Samsung SDI urged staff on Monday to secure exclusi

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15:01 SDI unveils new energy storage system in Europe

Samsung SDI has developed a new system that can store larger amounts of energy, the battery business arm of Samsung Group said Thursday.

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09:53 KoreaHerald.comSamsung SDI showcases optimized ESS in Europe

Samsung SDI showcased its latest energy storage system at one of the biggest ESS events, Ees Europe 2019, in Munich from

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07:11 Zdnet.comSamsung SDI launches ESS for new energy use

Samsung SDI's E3 has 20% higher energy density compared to its predecessors.

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14:32 SDI learns innovative spirit from fishcake maker

Samsung SDI has established itself as one of the leading battery makers here, but the firm is not being complacent and is trying to learn from the innovative business transformation of other firms to pursue sustainable growth, the Samsung Group affiliate said Sunday.

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18:16 SDI learns innovative spirit from fishcake maker

Samsung SDI has established itself as one of the leading battery makers here, but the firm is not being complacent and is trying to learn from the innovative business transformation of other firms to pursue sustainable growth, the Samsung Group affiliate said Sunday.

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10:26 KoreaHerald.comSamsung SDI learns about innovation from Busan-based fish cake firm

Samsung SDI, the nation’s second-largest battery maker, sought to learn from a local fish-cake maker based in Busan, in

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15:14 Chem, Samsung SDI get closer to win battery subsidy in China

Korean lithium-ion battery makers - LG Chem and Samsung SDI - are pinning high hopes on resuming their battery business in China as electric vehicles (EVs) using their batteries earned preliminary approval to receive subsidies, company officials said Tuesday.

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15:38 Chem, Samsung SDI, SK Innovation face tougher conditions in Europe

LG Chem, Samsung SDI and SK Innovation are facing increasingly unfavorable business conditions in Europe as Volkswagen and other carmakers there begin to produce their own batteries for electric vehicles (EVs) they manufacture to cut dependence on Asian battery makers.

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23:04 InsideEVs.comSamsung SDI Reveals EV Battery Future, Plus Roadmap To Solid State

Samsung SDI brings its latest battery tech to Detroit Samsung SDI is present at the NAIAS in Detroit. It will present its latest offer of lithium-ion batteries for electric vehicles. The company presents cells from 37 to 78 Ah capacity. Samsung says that the general trend is to increase the capacity. Therefore, it will be able […]

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13:37 SDI to showcase long-lasting EV batteries at Detroit auto show

Samsung SDI plans to showcase its next-generation battery cells using innovative materials at the 2019 North American International Auto Show (NAIAS) in Detroit, which kicks off Monday, local time.

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14:54 SDI to supply battery for Harley-Davidson's e-motorcycle

Samsung SDI's battery packs will be used for Harley-Davidson's first electric motorcycle LiveWire, scheduled to be released in the latter half of the year, the Korean battery maker said Tuesday.

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15:55 KoreaHerald.comSamsung SDI to expand US battery plant

Samsung SDI Co., a battery unit of South Korea's top conglomerate, Samsung, is currently expanding its plant in the Unit

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10:03 KoreaHerald.comSamsung SDI rolls out CSR activities for 19 communities

Samsung SDI has embarked on a three-week corporate social responsibility campaign during October, to take place at six S

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14:34 SDI to supply cylindrical battery to Jaguar Land Rover

Samsung SDI will supply cylindrical cell batteries to Jaguar Land Rover's electric vehicles (EVs), industry sources said Wednesday.

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18:23 InsideEVs.comJaguar Inks Deals With Samsung SDI For Cylindrical 21700 Battery Cells

Jaguar Land Rover to use 21700 cylindrical cells. According to Korea Times, Samsung SDI will supply lithium-ion batteries for future Jaguar Land Rover electric cars. Currently, the Jaguar I-PACE is equipped with pouch cells from LG Chem, but it seems that JLR intends to try out Samsung SDI and the cylindrical type of cells, the […]

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13:56 SDI focusing on small batteries

Samsung SDI, the battery-making affiliate of Samsung Group, has been increasing its focus on the small-sized lithium-ion battery sector as the category is gaining popularity thanks to growing demand from cordless power tools and electric bikes.

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09:59 KoreaHerald.comSmall-sized batteries back in game: Samsung SDI hikes focus

South Korean battery maker Samsung SDI is raising its focus on its small-sized lithium ion battery business, as the cate

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13:53 SDI's profits soaring on ESS, EV parts

Samsung SDI enjoyed a soaring operating profit in the second quarter thanks to skyrocketing sales of energy storage system (ESS) battery modules in addition to increased sales of batteries for plug-in hybrid electronic vehicles (PHEV).

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09:50 KoreaHerald.comSamsung SDI achieves whopping 27-fold growth in Q2

Samsung SDI’s second-quarter operating profit jumped nearly 27-fold compared to a year earlier, showing a solid recovery

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14:13'4th Industrial Revolution opportunity for Samsung SDI'

The Forth Industrial Revolution will present a significant growth opportunity for battery makers as the importance of batteries featuring hyper-connectivity will be strengthened, according to Samsung SDI CEO Jun Young-hyun.

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16:38 SDI taps European market with new ESS module

Samsung SDI is targeting the European market with its new electrical energy storage (ESS) module for residential customers.

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11:20 KoreaHerald.comBattery business to gain further momentum in ‘fourth industrial revolution’ era: Samsung SDI

South Korea’s leading auto components maker Samsung SDI pledged to use the ongoing technological progress in the industr

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12:24'Renewable energy push' lifts Samsung SDI

Samsung Electronics' significant commitment to renewable energy is expected to lift the stock price of Samsung SDI, Samsung's battery affiliate, which will be supplying batteries for solar panels to be installed at Samsung's main manufacturing facilities.

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10:10 KoreaHerald.comSamsung SDI launches new high-voltage home ESS battery module

South Korea’s leading battery maker Samsung SDI unveiled its newest high-voltage home energy storage system battery modu

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20:12 InsideEVs.comBMW i3 Samsung SDI 94 Ah Battery Rated For 524,000 Miles

Samsung SDI is presenting at the 2018 Energy Storage Europe in Germany its latest high-energy density 111 Ah battery cells for energy storage purposes along with its 94 Ah cells used in all-electric cars. The 111 Ah stores more energy than the 94 Ah in the same form-factor, so one would ask why there is […]

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08:12 SDI Sells off 4.04 Million Shares in Samsung C&T

Another Step Toward Transparency Samsung SDI has sold off its 4.04 million shares in Samsung C&T, removing three of the seven remaining cross shareholding links among Samsung Group affiliates.
The company announced on April 10 that it sold its 2.1 percent stake in Samsung C&T to domestic and foreign investors through a block deal.
The total sales price was 559.9 billion won, meaning that each share was sold for 138,500 won, a 3.8 percent discount from the closing price of 144,000 won.
The block deal was managed by City Securities and Credit Suisse (CS) Securities. Samsung family members, including Lee Jae-yong, vice chairman of Samsung Electronics, and Samsung subsidiaries did not participate in the stock deal.
Samsung SDI said the company would use the proceeds from the stake sale as investment

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16:26 InsideEVs.comCATL To Build Battery Factory In Europe Like LG Chem & Samsung SDI

Chinese lithium-ion battery manufacturer Contemporary Amperex Technology Ltd. intends to build a factory in Europe. Bloomberg reports that CATL is considering three countries – Germany, Poland, Hungary, which strongly support battery investments and are close to EV assembly facilities. Poland was already chosen by LG Chem, while Hungary got the nod from Samsung SDI. For […]

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04:36 SDI Lands a Series of Battery Orders via Joining Forces with Local Companies

Strategic Alliances by Country Samsung SDI won orders for mid- to large-sized batteries from overseas, including those for electric cars, electric commercial vehicles and energy storage systems (ESSs) this month alone. Strategies for cooperation with local companies paid off handsomely.
According to the battery industry and foreign news sources on March 22, Samsung SDI and China's Sungrow landed a contract on the supply of 23 inverter containers, including a 30MWh ESS and an energy management system (EMS) from Hokkaido, Japan. The Hokkaido project involves Samsung SDI-Sungrow Energy Storage Battery, which is a joint venture between the two companies.
Samsung SDI has been already enjoying a good reputation in the Japanese market such as signing a contract with Japan's Nichicon to supply 300,000 ESSs beginning in the first

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19:00 InsideEVs.comLG Chem, Samsung SDI Named Battery Energy Storage Leaders, Not Tesla

Navigant Research’s assessment of strategy and execution for li-ion battery manufacturers for grid storage shows that LG Chem and Samsung SDI leads the industry. There is no Tesla in the top 10, but maybe that’s because Tesla was not treated as the battery manufacturer (achievements are pretty remarkable though). Tesla uses batteries provided by Panasonic […]

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13:19 AutoCarPro.inWebasto and Samsung SDI to collaborate for CV batteries

Webasto and Samsung SDI have signed a letter of intent that envisages collaboration for the manufacture of high-voltage batteries for the commercial vehicle sector. The agreement covers the development...

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16:33 SDI's new lithium-ion battery

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11:35 KoreaHerald.comSamsung SDI introduces upgraded ESS battery cell at ESE 2018

Samsung SDI said Wednesday that it introduced its latest high-capacity battery cell at a trade show dedicated to energy

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05:03 and Samsung SDI Selected as Cathode Producer in Chile

Lithium Project in Chile A consortium between POSCO and Samsung SDI was selected as a cathode producer in Chile, the world's largest producer of lithium, a base material for cathodes. POSCO will be able to grow into a global cathode producer, expanding its business into South America following its entry into the Chinese cathode market earlier this year. In addition, Samsung SDI laid the foundation for the long-term stable supply of cathodes, a key material for batteries.
On March 11, industry sources said that the Chilean Production Development Corporation (CORFO) announced that the corporation selected the consortium as an entity in charge of a lithium project to produce cathodes locally with lithium as its raw material. CORFO had invited bids for the project in order to expand the lithium downstream industry and fostered the

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13:13 SDI, POSCO to build cathode plant in Chile

A Korean joint venture will build a plant in Chile by 2021 to produce a key raw material in lithium-ion batteries used to power electric cars. According to the Samsung SDI-POSCO consortium, Sunday, they will spend 57.5 billion won ($54 million) for the factory in the Chilean port city of Mejillones and the facility will be capable of manufacturing 3,200 tons of cathode per year starting the second half of 2021. Samsung SDI is the nation's leading small-sized lithium battery supplier and POSCO is the world's fifth-largest steelmaker.

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09:42 KoreaHerald.comSamsung SDI, Posco win battery project in Chile

South Korea’s battery maker Samsung SDI and steel giant Posco will build and run an anode production facility in Chile w

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05:32 SDI to Supply ESS Battery Modules in Hawaii

Another ESS Deal in Hawaii According to industry sources, Samsung SDI is scheduled to supply energy storage system (ESS) battery modules in an ESS installation project in Kauai Island, Hawaii led by Kauai Island Utility Cooperative (KIUC) and AES Distributed Energy (DE), which is a subsidiary of AES Group.
The purpose of the project is to install ESSs with a capacity of 100 mWh in connection with 28 mW photovoltaic power generation. 100 mWh is, for example, the amount of electricity that can be used for at least 10 hours by all of the 17,000 or so households in the island.
Samsung SDI supplies approximately 13,000 battery modules in the project. The modules are characterized by maximizing ESS efficiency even during unstable supply of alternative energy such as solar power and wind power.
Earlier, in October last year,

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10:48 KoreaHerald.comSamsung SDI to provide battery modules for Kauai ESS project

Samsung SDI will be providing 13,000 battery modules for an energy storage system project on the Hawaiian island of Kaua

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06:18 SDI to Expand Secondary Battery Lines to Cement Its Supremacy

Boom of Small Secondary Battery Samsung SDI will invest several hundreds of billions of Korean won to build a production line for small-sized secondary batteries. It is analyzed that the decision was made while taking into consideration the fact that Japan's Panasonic, the world's largest battery maker, is extremely busy supplying batteries to Tesla for its electric vehicles so cannot meet other demand. The move has been seen as a gambit of Samsung SDI, which has the largest market share in the small-sized battery market, to further shore up its leadership in the market. In the global small-sized battery market, Samsung SDI outclasses Panasonic in the market share.
According to related industries on February 27, Samsung SDI recently started to work on the expansion of small battery production lines at Cheonan Plant in South

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06:06 Orders Samsung SDI to Sell the Remaining Samsung C&T Shares

Samsung Group’s Governance Structure Samsung SDI Co., a battery making unit of South Korea’s largest conglomerate Samsung Group, will have to dispose 4.04 million shares in its affiliate Samsung C&T Corp. within six months in connection with a controversial merger between Samsung C&T and Cheil Industries. Accordingly, Samsung Group’s cross-shareholding issue will once again at the front.
The Fair Trade Commission (FTC) ordered Samsung SDI on Feb. 26 to sell its remaining 4.04 million shares, or 2.1 percent, in Samsung C&T Corp. by Aug. 26 following stricter interpretation of the country’s antitrust regulations. The FTC considered Samsung SDI’s 9.04 million shares in Samsung C&T acquired through the merger between Samsung C&T and Cheil Industries in 2015 as a new structure of cross-shareholding.
Therefore, Samsung SDI

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10:15 KoreaHerald.comFTC forces Samsung SDI to sell 4 million of Samsung C&T shares

The Korean Fair Trade Commission said it ordered Samsung SDI on Monday to sell its remaining 4 million shares in Samsung

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12:31 Washingtonpost.comSamsung SDI Recycling Can’t Skirt Cobalt’s Crunch: Gadfly

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15:49 SDI to make cobalt-free EV batteries

Samsung SDI is exploring ways to manufacture low-cobalt batteries or even cobalt-less batteries for electric vehicles (EVs), amid surging prices for the silver-blue metal. Cobalt, a critical ingredient of lithium-ion batteries used to power electric cars, saw its price skyrocket by 235 percent last year _ from $34,600 (37.5 million won) per ton to $81,360 per ton _ due to the Democratic Republic of Congo government's tax hike on the metal. As the Central African country, which holds 60 percent of the world's cobalt reserves, once again attempts to raise taxes on it, the Seoul-based company is gearing up for a possible price rise. Worse, the Congo is currently politically unstable _ something that may further undermine the situation.

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11:59 KoreaHerald.comSamsung SDI embarks on R&D for cobalt-less batteries

South Korea’s leading battery maker Samsung SDI has embarked on research and development of cobalt-less batteries as a s

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06:39 Chem, Samsung SDI Join World’s Top 4 EV Battery Producer List

World’s Fastest Growing Makers LG Chem Ltd. and Samsung SDI Co. showed the steepest growth among global companies in 2017, making the top five electric vehicle (EV) battery producer list in the world.
According to market research firm SNE Research on Feb. 5, LG Chem and Samsung SDI ranked fourth and fifth in the world in terms of EV battery shipments in 2017. LG Chem moved up three notches from a year earlier, while Samsung SDI climbed four notches.
LG Chem posted 4.8GWh in EV battery shipments last year, up a whopping 158 percent from a year ago. Its market share surged from 4.3 percent to 8 percent. Samsung SDI’s shipments also grew 80.3 percent to 2.4GWh and its market share increased from 3.1 percent to 4.1 percent.
An official from SNE Research said, “The two companies showed a significant growth mainly due to a

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05:42 SDI Succeeds in Turning Black for First Time in 3 Years

43.3% Growth in Sales Samsung SDI Co. announced on January 23 that it achieved sales of 1.85 trillion won (US$1.73 billion) and operating profits of 118.6 billion won (US$110.64 million) in the fourth quarter in 2017. Accordingly, the company posted 6.32 trillion won (US$5.9 billion) in annual revenues and 116.9 billion won (US$109.07 million) in operating profits last year. 
Samsung SDI showed a whopping 43.3 percent growth in sales in the fourth quarter last year compared to a year earlier. Its operating profits also grew 176.6 billion won (US$164.8 million) compared to the same period in 2016.
The company’s battery business division played a vital role in turning black. Its medium and large batteries reached the highest quarterly sales, boosted by the supply expansion of car batteries to Europe and the increase in

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23:08 WindpowErengineering.comSamsung SDI unveils innovative battery products at Detroit Motor Show

Samsung SDI is capable of unparalleled product competitiveness with a lineup of various battery cells for electric vehicles (EVs) and plug-in hybrid electric vehicles (PHEVs) which come in 37, 50, 60 and 94 ampere-hour capacities.
Windpower Engineering & Development

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18:49 Electrek.coSamsung SDI unveils new batteries to increase electric car range and charging capacity

Samsung SDI has been pushing to carve itself a bigger space in the EV industry and it has been using auto shows to showcase their latest battery products.
They are doing it again at the 2018 Detroit Motor Show this week with new batteries that they claim will increase electric car range and charging capacity. more…

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16:51 InsideEVs.comSamsung SDI Battery Tech On Display At NAIAS – 373-Mile Range, 20-Minute Charge

Samsung SDI presents at the North American International Auto Show all sorts of battery products under its “The Future of Electric Vehicles Starts Today” slogan. The key promise is new batteries that enables 600 km (373 miles) range and at the same time 20-minute recharge, which to our knowledge would...

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11:55 KoreaHerald.comSamsung SDI showcases latest EV batteries at NAIAS 2018

Samusng SDI is showcasing its latest battery technologies for electric vehicles at the North American International Auto

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04:44 Fair Trade Commission Told Samsung SDI to Sell Additional Shares

Reversing Merger Guideline The Korea Fair Trade Commission (KFTC) determined on December 21 that Samsung SDI has to additionally sell its 4.04 million or so shares in Samsung C&T in order to do away with the circular equity investment caused by the merger between Samsung C&T and Cheil Industries.
This means the KFTC admitted that its past guidelines were wrong and overturned its decision in two years. Back in 2015, the KFTC told Samsung SDI to sell only five million out of 9.04 million shares for the same purpose based on its guidelines for preventing new circular equity investment related to merger, which were announced on December 24, 2015.
The recent determination of the KFTC has to do with the public demand for corporate governance structure reform that has soared since the launch of the Moon Jae-in administration as

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11:45 KoreaHerald.comRevised FTC guideline to force Samsung SDI to sell stake in C&T

Korea’s antitrust watchdog said Thursday it would correct what it called an error in its guideline on conglomerates’ cro

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08:31 SDI Distinguishing Itself as EV Battery Supplier

From Lucid to Tesla Samsung SDI on December 5 that it signed a contract with Tesla to supply cylindrical batteries in its energy storage project in South Australia. The size of the contract is estimated at US$33 million.
South Australia, which relies much on alternative energy sources, launched an energy storage project last year and Tesla won the contract for the 100 MW-129 MWh battery storage project. Then, Tesla CEO Elon Musk promised to provide free electricity if he fails to put the factory into operation within 100 days from the signing of the contract. Experts point out that the contract between Tesla and Samsung SDI is to keep the promise.
This means Panasonic is having a hard time supplying all of the batteries required for the project and the cooperative relationship between Samsung SDI and Tesla can be deepened

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23:51 CleanTechnica.comHas Samsung SDI Cracked The Graphene Battery Puzzle? New Study Raises Questions

Has Samsung SDI finally cracked the puzzle of how to commercialize graphene batteries? A new study published in the journal Nature raises some interesting questions on that count

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12:14 KoreaHerald.comSamsung SDI makes turnaround in Q3

Samsung SDI said Tuesday the firm has made a turnaround in the third quarter on the back of stable and even growth in bo

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18:15 InsideEVs.comTesla Execs Reportedly Met With LG Chem, Samsung SDI

Though Panasonic has been Tesla’s sole battery partner  for its EVs since 2008, the automaker may be seeking reinforcements from competing companies. Tesla has set a course to build about 500,000 Model 3s over the next year or two. However, the company’s production S-Curve is not going as planned, due...

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13:35 of Samsung SDI’s Joint Venture in China Offered for Sale

Selling Off Shares It has been found that 30% of Samsung Tianjin Battery shares have been put up for sale. In the joint venture for the management of Samsung SDI’s battery manufacturing plant located in Tianjin, Tianjin Economic-Technological Development Area State-owned Assets Management Company and Tianjin Zhonghuan Electronic and Information Group have 20% and 30% shares, respectively. The former is planning to sell all of its shares and the latter is going to sell one-third of its shares.
The two Chinese companies, which have worked with Samsung SDI since the establishment of Samsung Tianjin Battery in 2015, did not explain the reason for the sale of the shares. Chinese media reported it is because of Samsung Tianjin Battery’s poor performance that followed the Chinese government’s decision not to subsidize electric

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02:17 CleanTechnica.comTesla Using Samsung SDI Battery Cells In 129 MWh South Australia Facility

Despite its close relationship with Panasonic, Tesla will actually be utilizing Samsung SDI lithium-ion battery cells at the facility in South Australia that's now under construction, the company has revealed
Tesla Using Samsung SDI Battery Cells In 129 MWh South Australia Facility was originally published on CleanTechnica.
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