Saturday, 18 January 2025

Focus on Samsung SDI

FILE PHOTO: A general view of the Samsung SDI battery factory in God, Hungary, December 12, 2022. REUTERS/Marton Monus/File Photo
BusinessCritical MineralsElectric Vehicles (EVs)News

Samsung SDI finalizes deal with GM to build $3.5 billion joint EV battery factory in US

The South Korean battery maker said the joint plant aims for mass production in 2027 and annual capacity is expected to rise to...

FILE PHOTO: A smartphone with a displayed Applied Materials logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessManufacturingNewsTrade

Applied Materials forecasts quarterly revenue above estimates on AI-driven demand

Applied Materials forecast fourth-quarter revenue above Wall Street estimates on Thursday, anticipating a surge in AI-fueled demand for its chip-making equipment.

FILE PHOTO: Battery cells with the logo of LG Energy Solution are displayed at the company headquarters in Seoul, South Korea, April 23, 2024.   REUTERS/Kim Hong-Ji/File Photo
AutomotiveElectric Vehicles (EVs)IndustryManufacturingNewsTransport

LG Energy Solution in talks with Chinese firms to make low-cost EV batteries for Europe

South Korea's LGES is in talks with Chinese suppliers to produce low-cost EV batteries for Europe, a senior executive said

News Release

Samsung SDI, SKKU Sign MOU to Establish Department of Battery Engineering

Company partners with SKKU to raise battery experts via a dedicated battery department opening in 2026 Samsung SDI CEO Yoon-ho Choi says, “Securing...

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