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

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

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

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 General ...

SamsungSDI Hungary (Courtesy of Samsung SDI) The company’s bold investment plan comes despite lingering concerns about a global battery supply glut amid a protracted EV slump worldwide, underscoring ...

Samsung SDI plans to utilize the proceeds from the capital increase to invest in a joint venture with General Motors Co., expand production capacity at its Hungarian plant in Europe and invest in ...

Asia-Pacific markets mostly rose on Friday despite a plunge in all three benchmarks in the U.S. over the previous session ...

Additionally, the company plans to scale up its Hungary-based manufacturing facilities to meet growing European market demand. Samsung SDI, a key supplier for major automakers, continues to invest ...

Samsung SDI said it plans to use the new funds to invest in its joint venture with General Motors in the US, expand capacity at its battery plant in Hungary and build lines for all solid-state ...