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Latest Samsung SDI news
Here you will find the latest news and most recent developments on the Samsung SDI, with regular updates and all the information you need.
Samsung aims to produce all solid state batteries for EVs by 2027
With car manufacturers across the globe rapidly electrifying their lineups, demand for batteries has gone through the roof. Samsung SDI, the battery making company of the Samsung Group, has been investing heavily in its manufacturing facilities to cater to this demand. Samsung SDI is also focusing on improving battery technology in order to provide next-generation […]
- By Adnan Farooqui
- 4 months ago
Samsung is opening up another battery factory in Hungary
Samsung SDI, the conglomerate's battery affiliate, already has a sizable presence in Hungary. The company manufactures many different types of batteries in the country. As demand for battery products grows, so does its need to expand production capacity. According to a new report out of South Korea, Samsung has finalized plans to set up another […]
- By Adnan Farooqui
- 4 months ago
Samsung boss talks up bold challenges at battery plant visit in Malaysia
There's been a lot of speculation recently regarding Samsung's return to the mergers and acquisitions space after Chairman Lee Jae-yong finally got a respite in his legal troubles. Insiders at the company view his legal troubles as the major contributing factor to a lost decade of significant potential investments in growth businesses. With the chairman […]
- By Adnan Farooqui
- 5 months ago
General Motors CEO meets Samsung executives for EV batteries and parts
Samsung makes a lot of things other than smartphones, tablets, and TVs. It makes display panels, batteries, and various electronic components, and they are used by several firms worldwide. Yesterday, General Motors CEO Mary Barra met with high-ranking officials from Samsung to collaborate on batteries and other electronic components for electric vehicles. According to Yonhap […]
- By Asif Iqbal Shaik
- 5 months ago
Samsung SDI could use Chinese equipment to make new batteries
Samsung SDI, the battery making division of the conglomerate, has been planning to establish a lithium iron phosphate battery production line. These batteries deliver distinct benefits of having a longer life span and improved charge efficiency. The company recently held a conference at its plant in Cheonan, South Korea, highlighting the plan to potential vendors […]
- By Adnan Farooqui
- 5 months ago
Samsung SDI invests in Canadian nickel mining firm
Samsung SDI, Samsung's battery manufacturing arm, has invested in a Canadian nickel mining firm. The company has signed a deal to invest in Canada Nickel, which would help Samsung SDI acquire the critical materials required to manufacture rechargeable batteries. Samsung SDI is trying to secure electric car battery material in North America The Canadian firm […]
- By Asif Iqbal Shaik
- 6 months ago
Samsung wants to launch solid state batteries by 2027
Samsung Electronics has a battery development and manufacturing division, too, and it's called Samsung SDI. Batteries from Samsung SDI are used in Samsung's laptops, smartphones, tablets, and wearables. They are also used in electric vehicles from BMW and Fiat and will soon be used by Hyundai and Genesis. Now, the company is aiming to launch […]
- By Asif Iqbal Shaik
- 7 months ago
Samsung SDI to expand partnership with Volvo for EV batteries
Samsung SDI, Samsung Group's battery-making division, held a commemorative event today to celebrate five years of its partnership with Volvo Trucks. The South Korean firm has been supplying EV batteries for Volvo's electric buses and trucks. Both companies have decided to expand their partnership further by collaborating in move segments. Samsung SDI celebrates the five-year […]
- By Asif Iqbal Shaik
- 8 months ago
Samsung joins hands with Hyundai and LG to be more competitive
Samsung and other South Korean conglomerates like Hyundai and LG have been rivals for years. However, they've now come together to improve their competitiveness amid uncertain times. Samsung, Hyundai, and LG have joined hands to collaborate on future growth segments like AI, EV (Electric Vehicle) batteries, and future cars. Samsung, Hyundai, and LG to collaborate […]
- By Asif Iqbal Shaik
- 8 months ago
Driven by Lee Jae-yong, two more Samsung branches adopt an Outside Director system
Samsung is adopting a “Senior Outside Director” system for two more of its branches, SDI and SDS. The decision, spearheaded by Lee Jae-yong, was reportedly made on October 26, as the company inaugurated Lee's first anniversary as a Chairman. Samsung Electronics' Board of Directors comprises five Executive Directors and six Independent Directors — also known […]
- By Mihai Matei
- 9 months ago
Samsung SDI inks a 7-year battery deal with Hyundai Motor
On Monday, Samsung SDI officially announced that it had inked a deal to supply batteries to Hyundai Motors. South Korea's second-biggest car battery maker, Samsung SDI, unveiled that they have entered into a 7-year deal with Hyundai Motor Co. to supply batteries for EVs. As per the official statement, Samsung SDI batteries will power the […]
- By Sagar Naresh
- 9 months ago
Samsung SDI to spend $1.97 billion on its second battery plant in the US with Stellantis
The latest official filing confirms that Samsung SDI (the battery manufacturing wing of Samsung Electronics) is all set to invest $1.97 billion to develop its second battery manufacturing plant in joint partnership with Stellantis N.V. in the US. This information comes from a filing about two months after both companies joined hands for their US venture. […]
- By Sagar Naresh
- 10 months ago
Samsung aims to supply all sorts of components for your future EV
Samsung Electronics is gearing up for the IAA MOBILITY 2023 event set to take place in Munich, Germany, from September 5th to 10th. The International Motor Show is one of the world's largest mobility trade fairs, and the Korean tech conglomerate announced that several of its branches will have a collaborative presence at the event. […]
- By Mihai Matei
- 10 months ago
Samsung’s battery business gets record profit, thanks to higher EV demand
A few days ago, Samsung Electronics announced a 95% drop in its operating profit due to the worst downturn in the history of semiconductor chips. However, the company's battery manufacturing and electronics material business, Samsung SDI, isn't doing so badly. In fact, it is thriving, and it has recorded its highest-ever second-quarter revenue and profit. […]
- By Asif Iqbal Shaik
- 11 months ago
Samsung SDI and Stellantis join hands to build second EV battery plant in the US
According to the latest report, Samsung SDI (the battery manufacturing wing of Samsung Electronics) on Monday revealed that it plans to build a second battery manufacturing unit in the USA. This battery plant unit will be developed in partnership between Samsung SDI and Stellantis N.V. in the United States, in addition to their first plant […]
- By Sagar Naresh
- 12 months ago
