Samsung SDI has announced a new rights offering to secure $1.38 billion in funding for several key strategic investments, ...

Samsung SDI Co. will raise 2 trillion won ($1.4 billion) selling new shares to fund investments in US and European facilities as well as new technologies, as the battery maker bets on long-term growth ...

Samsung SDI, a subsidiary of Samsung Electronics, has announced plans to conduct a paid capital increase of KRW2 trillion ...

Samsung SDI’s global headquarters. South Korean electric vehicle (EV) battery manufacturer Samsung SDI Company announced it plans to raise KRW2trn (US$1.38bn) in fresh funds through a rights ...

Samsung SDI faced shareholder backlash following a drop in stock price after raising 2 trillion won ($1.4 billion) through a paid-in capital increase to fund battery facility investments.

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 ...

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 SDI said Friday that it has signed a 437.4 billion won ($300.7 million) contract to supply energy storage system (ESS) batteries for U.S. company NextEra Energy, as part of their major ...

Samsung SDI announced Monday that it would showcase new battery technologies for Hyundai Motor Group's robots and autonomous vehicles at the upcoming InterBattery 2025 expo in Seoul. At its ...