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Samsung SDI Co., Ltd. signs MOU with China-based company

Wednesday, 22 Jan 2014 09:27pm EST 

Samsung SDI Co., Ltd:Says signed a memorandum of understanding with Government of Shanxi Province and a China-based group company, for the establishment of a battery factory in China, to expand its electric vehicle business scale in China market.Says the joint venture is expected to be established by the end of April.Says estimated investment amount of approximately $600 million in five years. 

Company Quote

3000.0 +2.38%
30 Jan 2015