Native name | 삼성SDI 주식회사 |
|---|---|
| Formerly | Samsung-NEC Samsung Display Device |
| Company type | Public |
| KRX:006400 | |
| Industry | Electronic components |
| Founded | 1970; 56 years ago (1970) |
| Headquarters | , South Korea |
Area served | Worldwide |
Key people | Joo Sun Choi (president &CEO) |
| Revenue | US$17.24 billion (2023) |
| US$1.251 billion (2023) | |
| US$1.50 billion (2023) | |
| Total assets | US$34.038 billion (2023) |
| Owner | Samsung Electronics (19.58%) |
| Website | www |
| Footnotes / references [1] | |
Samsung SDI Co., Ltd. (Korean: 삼성SDI 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]
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]
| Name | Partner Company | Establishment Date | Dissolution Date | Initial SDI Ownership Share (%) | Initial Investment (USD) | Ref. |
|---|---|---|---|---|---|---|
| SB LiMotive | Bosch | 2008 | 2012 | 50 | 500,000,000 | [11] |
| Sungrow | 2015 | [12] | ||||
| StarPlus Energy | Stellantis | 2022 | 51 | 3,500,000,000 | [13][14] | |
| Synergy Cells | General Motors | 2024 | [15][16] |
| Client | Agreement Date | Supply Start Date | Original Contract End Point | Termination Date | Ref. |
|---|---|---|---|---|---|
| BMW | 2009 | 10 years | [17] | ||
| Lucid Motors | 2016 | [18] | |||
| BMW | 2019 | 2021 | 2031 | [19] | |
| Hyundai Motor Company | 2023 | 2026 | 2032 | [6] |
As of 30 June 2023.
| Shareholder | Stake (%) | Flag |
|---|---|---|
| Samsung Electronics | 19.58% | |
| National Pension Service | 7.47% | |
| BlackRock | 5.01% | |
| Samsung Foundation of Culture | 0.58% | |
| Samsung Welfare Foundation | 0.25% |
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]
| Full name | Samsung SDI |
|---|---|
| Union | Korea Rugby Union |
| Founded | 2003; 23 years ago (2003) |
| Disbanded | 2015; 11 years ago (2015) |
| League | Korea 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]
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