South Korean EV battery manufacturer Samsung SDI Company announced it plans to raise KRW2trn (US$1.38bn) in fresh funds through a rights issue.

Samsung SDI (KS:006400) announced plans to issue new shares worth 2 trillion won ($1.38 billion) to fund key growth ...

CEO Choi Joo-sun also told reporters at a major battery expo that the company's earnings will likely bottom out in the first ...

SEOUL (Reuters) - Samsung SDI said it would issue new shares worth 2 trillion won ($1.38 billion) in a regulatory filing on Friday and use the proceeds to invest in a U.S. joint venture with ...

SEOUL (Reuters) - The chief executive of South Korean battery maker Samsung SDI said on Wednesday demand for electric vehicles will remain sluggish until the first half of next year. CEO Choi Joo ...

Samsung Electronics Co (OTC:SSNLF) owned battery and electronic materials manufacturer Samsung SDI Co explored building another manufacturing plant in the U.S. as it chased mid-to-long-term growth.

Among domestic battery companies, Samsung SDI is the only company that focuses on batteries equipped with nickel-cobalt-aluminum (NCA) cathodes. It is seeking to enter promising new markets such ...

Samsung SDI Co., South Korea's second-biggest battery maker, said Friday it will raise 2 trillion won (US$1.37 billion) ...

Samsung SDI has signed an agreement with Hyundai Motor and Kia to develop high-performance batteries for robots, aiming to improve energy density, output and usage time, the battery maker said ...

Samsung SDI Co., a major South Korean battery maker, said Friday it will raise 2 trillion won ($1.37 billion) through a stock sale as part of its broader strategy to strengthen its competitiveness ...