Samsung SDI plans to mass-produce all-solid-state batteries (ASBs) at its Ulsan plant in South Korea. The pilot S-line at the Suwon plant is expected to be launched this year. Samsung...
South Korean battery makers are expected to increase production capacity significantly in 2024. With its expansion in China and Hungary, SK On will see its capacity grow by 70%. LG...
South Korea's major battery manufacturers, in response to the demands of the global automotive industry, will require battery material suppliers to provide materials meeting the RE100...
Battery maker Samsung SDI announced on October 23 that it has secured an EV battery supply agreement with Hyundai Motor, a first between the two South Korean companies. Samsung SDI's...
IC packaging leadframe suppliers are bracing for on-year profit decreases in 2023, as demand for automotive chips cannot offset the impact of diminishing consumer chip demand, according...
Driven by significant grants under the US Inflation Reduction Act (IRA), South Korean battery makers LGES, SK On, and Samsung SDI have expanded their production investments in North...
South Korean battery maker Samsung SDI will likely build the country's first LFP battery plant in its Ulsan production base, according to local media reports. However, as CATL and...
TSMC has officially entered the European automotive supply chain with plans to establish a joint venture fab in Dresden, Germany, relieving European automakers' concerns about chip...
Stellantis and its battery partner Samsung SDI will build a second plant in the US to support the carmaker's EV ramp-up. The facility is expected to begin production in 2027. In addition,...
General Motors and Samsung SDI have decided to put their over-US$3 billion battery plant in Indiana, the US. The facility will be GM's fourth battery plant in the country, boosting...
Samsung SDI and General Motors (GM) have announced that they have agreed to establish a joint venture (JV) to manufacture battery cells for electric vehicles (EV) in the US. It is...
South Korea's top-3 battery makers SK On, LG Energy Solution (LGES), and Samsung SDI are all on track to build additional domestic production capacities, in order to reduce the country's...
General Motors is expecting a strong 2023. It raised its whole-year guidance on April 25 after finishing the first quarter with US$3.8 billion of adjusted EBIT. In addition, the automaker...
The South Korean government released a series of strategies to help local battery companies gain a global presence, especially in the US. Notably, the government will offer KRW7 trillion...
