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Samsung SDI

From Wikipedia, the free encyclopedia
Energy storage subsidiary of Samsung Group
Samsung SDI Co., Ltd.
Native name
삼성SDI 주식회사
FormerlySamsung-NEC
Samsung Display Device
Company typePublic
KRX:006400
IndustryElectronic components
Founded1970; 56 years ago (1970)
Headquarters,
South Korea
Area served
Worldwide
Key people
Joo Sun Choi (president &CEO)
RevenueUS$17.24 billion (2023)
US$1.251 billion (2023)
US$1.50 billion (2023)
Total assetsUS$34.038 billion (2023)
OwnerSamsung Electronics (19.58%)
Websitewww.samsungsdi.com
Footnotes / references
[1]

Samsung SDI Co., Ltd. (Korean삼성SDI 주식회사) is a battery and electronic materials manufacturer headquartered inYongin,Gyeonggi-do,South Korea. Samsung SDI operates its business with Energy Solutions and Electronic Materials segment. The Energy Solution segment manufactures rechargeable batteries used for IT device, automotive, andEnergy Storage System (ESS) applications, and the Electronic Materials segment produces materials for semiconductors and displays.[1][2]In the first half of 2022, Samsung SDI is ranked sixth in the world with a market share of 5 percent according to SNE research.[3]

History

[edit]

Samsung SDI was founded as Samsung-NEC Inc. in 1970, producingvacuum tubes. It expanded intocathode ray tubes by 1975. In 1984, the company name was changed to Samsung Electron Device Inc. and expanded intoLCDs two years later. By 1998, the company had developed a cylindricallithium-ion battery. In 1999, the company's name became Samsung SDI Co., Ltd. Samsung SDI started producingAMOLEDs in 2007.[4]

In 2012, Samsung SDI and several other major companies were fined by theEuropean Commission forprice fixing of TVcathode-ray tubes.[5] Samsung SDI merged withCheil Industries in 2014. In 2015, the company acquiredMagna International's battery pack business.[4] In 2022, Samsung SDI started to build a pilot line for solid-state batteries in the South Korean city of Suwon and began its first production from the very line in 2023.[6]

In February 2026, the Hungarian news outletTelex.hu reported thatcarcinogenic substances had been detected at more than 500 times the permitted level at the company's battery plant inGöd, and alleged that the company failed to address or disclose the issue.[7] According toAgence France-Presse (AFP), the allegations became public following the leak of a government surveillance report involving the monitoring of Samsung's local executives.[8] Critics cited byTelex and AFP argued that theHungarian government was reluctant to take measures such as temporarily closing the plant due to potential economic and political consequences.[9] On the 11th, theSupreme Court of Hungary overturned a lower court's revocation of the plant's environmental certification.[10]

Partnerships

[edit]

Joint Ventures

[edit]
NamePartner CompanyEstablishment DateDissolution DateInitial SDI Ownership Share (%)Initial Investment

(USD)

Ref.
SB LiMotiveBosch2008201250500,000,000[11]
Sungrow2015[12]
StarPlus EnergyStellantis2022513,500,000,000[13][14]
Synergy CellsGeneral Motors2024[15][16]

Supply Agreements

[edit]
ClientAgreement DateSupply Start DateOriginal Contract End PointTermination DateRef.
BMW200910 years[17]
Lucid Motors2016[18]
BMW201920212031[19]
Hyundai Motor Company202320262032[6]

Corporate governance

[edit]

As of 30 June 2023.

ShareholderStake (%)Flag
Samsung Electronics19.58%
National Pension Service7.47%
BlackRock5.01%
Samsung Foundation of Culture0.58%
Samsung Welfare Foundation0.25%

Plants

[edit]

As of October 2023, the company operates two battery cell plants in South Korea and four overseas battery cell plants in theUnited States,China,Hungary andMalaysia.[20]

Rugby Union

[edit]
Rugby team
Samsung SDI
Full nameSamsung SDI
UnionKorea Rugby Union
Founded2003; 23 years ago (2003)
Disbanded2015; 11 years ago (2015)
LeagueKorea Spring League

Samsung SDI'srugby union team played in theKorea Rugby League, the top division in Korea, from its formation in 2003 to 2014. It won the championship 4 times.[21]

Honors

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Notable Former Players

[edit]

Internationals

[edit]
  • South KoreaLee Myung-geun
  • South Korea Tae Il Yoon
  • South Korea Kim Young Geun
  • South Korea Jung Sung Kyun
  • South Korea Lee Gye Deok
  • South Korea Chul Woong Kwak
  • South Korea Kim Nam Young
  • South Korea Kim Soon Eun
  • South Korea Park Chan Min
  • South Korea Kwan Jung Hyuk

See also

[edit]

References

[edit]
  1. ^ab"SAMSUNG SDI Sustainability Report 2020"(PDF). Samsung SDI. RetrievedOctober 30, 2021.
  2. ^"SAMSUNG SDI CO., LTD. AND SUBSIDIARIES Consolidated Financial Statements"(PDF). RetrievedOctober 30, 2021.
  3. ^"2022 1H Global[1] EV & Battery Performance Review".SNE research. Retrieved1 October 2022.
  4. ^ab"Samsung SDI Company History - From 1970's to 2000's | Samsung SDI".www.samsungsdi.com. Archived fromthe original on 2026-01-05. Retrieved2026-01-27.
  5. ^"Philips, LG Electronics, 4 others fined 1.47 billion Euros for EU cartel".The Economic Times. 5 December 2012.Archived from the original on 26 May 2013. Retrieved5 December 2012.
  6. ^ab"Samsung SDI, Hyundai Motor Company Clinch First Supply Deal for Electric Vehicle Batteries".Samsung SDI Newsroom. October 23, 2023.
  7. ^https://telex.hu/video/2026/02/09/video-godi-samsung-akkumulatorgyar-titkosszolgálat-rogan-antal
  8. ^Daily, The Chosun (2026-02-09)."Samsung SDI's Hungary Plant Conceals Carcinogens 510 Times Over Standard".The Chosun Daily. Retrieved2026-02-12.
  9. ^"„Szóltak, hogy Viktor levette a védelmet a gyárról" – olyan durván mérgezett a gödi Samsung, hogy Rogán rájuk küldte a titkosszolgálatot".telex (in Hungarian). 2026-02-09. Retrieved2026-02-12.
  10. ^"Hungarian Supreme Court Overturns Ruling Revoking Samsung SDI's Environmental Certification".www.asiae.co.kr. 2026-02-12. Retrieved2026-02-12.
  11. ^"Samsung SDI, Bosch to Form Joint Venture - The Korea Times".www.koreatimes.co.kr. 2008-06-16. Retrieved2026-01-27.
  12. ^Hyung-ki, Park (2014-11-04)."Samsung SDI, Sungrow agree to form energy storage venture".The Korea Herald. Retrieved2026-01-27.
  13. ^"StarPlus Energy".starplusenergyus.com. Retrieved2026-02-12.
  14. ^"Samsung SDI to build 2nd US battery plant with Stellantis in Indiana - The Korea Times".www.koreatimes.co.kr. 2023-10-11. Retrieved2026-01-27.
  15. ^"SAMSUNG SDI and General Motors Finalize Agreement to Establish Battery Joint Venture in the U.S."Samsung SDI. August 28, 2024. RetrievedJanuary 22, 2026.{{cite web}}: CS1 maint: url-status (link)
  16. ^"Home".Synergy Cells. Retrieved2026-02-12.
  17. ^"SDI to Supply Batteries for BMW - The Korea Times".www.koreatimes.co.kr. 2009-08-03. Retrieved2026-01-27.
  18. ^Ji-hye, Shin (2016-12-08)."Samsung SDI's deal with Lucid Motors estimated at $520m".The Korea Herald. Retrieved2026-01-27.
  19. ^Garikipati, Ram (2019-11-21)."Samsung SDI wins EV battery supply deal from BMW".The Korea Herald. Retrieved2026-01-27.
  20. ^"Samsung SDI to build 2nd U.S. battery plant with Stellantis in Indiana".Yonhap News. October 11, 2023.
  21. ^Hinato (2022-11-14)."De son lancement en 2003 à nos jours: L'histoire de la Korea Rugby League".Asierugby (in French). Retrieved2024-06-19.

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