
South Korean Battery Factories in Hungary Report Significant Losses
South Korean battery manufacturers, including SK companies and Samsung SDI, experienced a challenging year in Hungary, accumulating 100 billion forints in losses.
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South Korean battery manufacturers, including SK companies and Samsung SDI, experienced a challenging year in Hungary, accumulating 100 billion forints in losses.
Samsung SDI announced a loss that was smaller than analysts had anticipated, leading to an increase in the company's share price.

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.

A worker at a Samsung SDI factory in Göd, Hungary, reportedly lost a fingertip in an accident in late 2022, with allegations that the company pressured him to report it as a home accident and failed to properly address the incident for over a year.

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.
LG Energy, Samsung SDI flex patent muscle The Star | Malaysia
Samsung SDI is set to introduce a prototype of an all-solid-state battery specifically designed for physical AI applications, marking a new development in battery technology.

Samsung SDI announced its plans to showcase high-power battery products and technologies designed for the artificial intelligence era at InterBattery 2026, South Korea's largest battery industry exhibition.

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

Samsung SDI has reported a swing to profit in the first quarter, largely attributed to the strong growth in its Energy Storage System (ESS) battery segment. This marks a positive financial turnaround for the company.
Samsung SDI has signed its inaugural electric vehicle battery supply agreement with Mercedes-Benz, marking a significant partnership in the EV market.
Samsung SDI will provide a $1.05 billion loan to StarPlus Energy, a joint venture with Stellantis, to support its operations.

Samsung SDI CEO Choi Joo-sun indicated a potential restructuring of US joint ventures with Stellantis and General Motors, as the company shifts focus from premium electric vehicle batteries to more cost-competitive products and energy storage.

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.

Samsung SDI announced it will unveil an AI-based battery safety solution, 'Samsung Battery Intelligence,' for energy storage systems at InterBattery 2026, designed to diagnose battery health.

The Hungarian Disaster Management Authority has sanctioned the Samsung SDI battery plant in Göd for previously transporting hazardous materials irregularly. The authority stated it had inspected the facility during increased transport activities.

Samsung SDI significantly reduced its operating loss in the first quarter, buoyed by a surge in demand for energy storage systems. This demand is primarily driven by the boom in artificial intelligence data centers.

Mercedes-Benz has formed a partnership with Samsung SDI to supply NMC batteries for its future electric models built on the MMA platform starting in 2028, aiming to ensure greater vehicle range.

Samsung SDI is planning further expansion at its Göd facility in Hungary, including a solar park and afforestation on 30 hectares, following a 4.2 billion forint preliminary agreement with the local municipality for rural plots.
Samsung SDI has extended the maturity period on a $1.05 billion loan provided to its joint venture with Stellantis, indicating ongoing financial support for the partnership.

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 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
Solid Power, Inc.'s battery validation efforts are being supported by a joint evaluation agreement with Samsung SDI and BMW.

Samsung SDI has achieved a significant technological breakthrough, improving the performance of next-generation lithium-metal batteries by addressing long-standing challenges related to safety and lifespan.