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Samsung SDI: To Expand Its Cylindrical Battery Capacity In 2021 To Meet Demand From Mobility And Electric Tool Applications
Samsung Sdi Q4 Operating Profit $221 Mln, Up 1,123% From Year Earlier
Pure Minerals Announces MoU For Offtake Signed With Samsung Sdi
SAMSUNG SDI CO., LTD. is a Korea-based company principally engaged in the manufacturing and distribution of secondary batteries. The Company operates its business through two business segments. Energy Solution segment is engaged in the manufacturing of mobile phone batteries, automobile batteries and power storage devices. Electronic Materials segment engages in the manufacturing of semiconductors and display materials. The Company distributes its products within domestic market and to overseas markets.
Electronic Instr. & Controls
150-20, Gongse-ro, Giheung-gu
Yeong Hyeon Jeon
President, Chief Executive Officer, Director
Vice President, Director
Jong Seong Kim
Vice President, Director
Se Won Jeon
Wan Pyo Kim
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Electric vehicle startup Rivian, backed by Amazon.com Inc and Ford Motor Co, said on Monday that South Korean manufacturer Samsung SDI Co Limited would supply battery cells for its vehicles.
South Korean manufacturer Samsung SDI Co Ltd said it will invest 942 billion won ($849 million) to expand its electric vehicle (EV) battery factory in Hungary, a company official told Reuters on Wednesday.
Samsung SDI <006400.KS>, a South Korean supplier for BMW <BMWG.DE> and Audi <NSUG.DE>, said on Tuesday it expected a sharp rise in car battery sales in the second half, as Europe increases subsidies for electric cars.
(This Feb. 10 story corrects to change title of initiative in paragraph 6)
South Korean battery maker Samsung SDI Co Ltd <006400.KS> said on Thursday its first-quarter earnings could be negatively affected by a virus outbreak in China.
Australia-listed battery material developer Novonix Ltd struck a deal to supply South Korea's Samsung SDI Co with synthetic graphite anode material for lithium-ion batteries, lifting Novonix's shares up as much as 38% on Monday.
German carmaker BMW <BMWG.DE> on Thursday said it had ordered more than 10 billion euros' ($11.07 billion) worth of battery cells from Chinese battery cell maker Contemporary Amperex Technology Co (CATL) <300750.SZ> and Samsung SDI <006400.KS>.
German carmaker BMW said on Thursday it has signed a supply contract with South Korea's Samsung SDI to secure electric vehicle (EV) battery cells worth 2.9 billion euros ($3.21 billion) from 2021 to 2031.
German carmaker BMW on Thursday said it had ordered more than 10 billion euros' ($11.07 billion) worth of battery cells from Chinese battery cell maker Contemporary Amperex Technology Co (CATL) and Samsung SDI.
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.
For automotive battery makers LG Chem Ltd <051910.KS> and Samsung SDI Co Ltd <006400.KS>, the Chinese market has begun to offer promise after painful loss-making investments.
German carmaker BMW is exploring ways to improve working conditions for mining cobalt in Congo through a pilot project also supported by chemicals giant BASF, battery maker Samsung SDI and a development agency.
* Says it plans to sell its entire 4,042,758 shares of Samsung C&T Corporation for 582.16 billion won
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.