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Samsung SDI Secures Multi-Billion EV Battery Deal with Mercedes-Benz
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Samsung SDI Secures Multi-Billion EV Battery Deal with Mercedes-Benz

Samsung SDI has reportedly secured a significant multi-billion dollar deal to supply electric vehicle batteries to Mercedes-Benz. This agreement will see Samsung SDI provide batteries for Mercedes' upcoming EV models, including the C-Class.

Samsung SDI Secures Cathode Deal Amid US Shift from Chinese Battery Supply Chains
TechnologyKorea Herald2mo ago

Samsung SDI Secures Cathode Deal Amid US Shift from Chinese Battery Supply Chains

The United States is expanding efforts to reduce reliance on Chinese battery supply chains, creating opportunities for Korean manufacturers. In line with this, Samsung SDI has signed a 1.6 trillion won cathode supply deal with L&F to strengthen its North American energy storage system market position with a battery materials supply chain outside China.

Samsung SDI to sell W10tr Samsung Display stake to fund ESS pivot
BusinessKorea Herald3mo ago

Samsung SDI to sell W10tr Samsung Display stake to fund ESS pivot

Samsung SDI is set to sell its 15.22 percent stake in Samsung Display — valued at about 10 trillion won ($6.9 billion) — to fund investments in energy storage systems and strengthen its financial structure as a prolonged slowdown in the electric vehicle market weighs on earnings. According to the company, it informed its board on Thursday of plans to sell its stake in Samsung Display, while details -- including the counterparty, deal size, terms and timeline -- remain undisclosed. The proposal w

LG Energy Solution and Samsung SDI Showcase Patent Strength
TechnologyKorea Herald2mo ago

LG Energy Solution and Samsung SDI Showcase Patent Strength

South Korea's leading battery manufacturers, LG Energy Solution and Samsung SDI, highlighted their extensive patent portfolios at InterBattery 2026, with Samsung SDI specifically issuing a warning against patent infringement and technology leakage in its prismatic battery technology.

Vietnam Warns of April Flight Reductions Amid Jet Fuel Shortage
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Vietnam Warns of April Flight Reductions Amid Jet Fuel Shortage

Vietnamese authorities have warned the country's aviation industry to prepare for potential flight reductions from April, as fears deepen over jet fuel shortages after China and Thailand halted exports due to the Iran war.

Samsung SDI to debut batteries for AI humanoid robots, data centers
TechnologyKorea Herald2mo ago

Samsung SDI to debut batteries for AI humanoid robots, data centers

Samsung SDI said Monday it will showcase next-generation batteries designed for humanoid robots and AI data centers at InterBattery 2026 this week in Seoul. Under the theme “AI Thinks, Battery Enables,” the company will debut a pouch-type all-solid-state battery sample developed for physical AI applications such as humanoid robots. The battery is designed to deliver high energy density, strong power output and enhanced safety in a compact form factor. It addresses the tight installation space ty