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Samsung SDI expands major U.S. storage deal
Samsung SDI’s U.S. unit will supply 1 gigawatt-hour of energy storage batteries to Alpha Omega Power by December.
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Samsung SDI backs Korea’s young chemists for the global olympiad contest
The battery maker will fund training, selection and competition costs for Korea’s young chemists, with scholarships for medalists.
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Battery ETFs surge as AI data centers fuel ESS optimism
Eight of Korea’s 10 best-performing ETFs this month tracked secondary battery companies, as investors bet on energy storage demand from AI data centers.
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LG Energy Solution tops 9 trillion won in revenue for first time in earnings surprise
For the third quarter, the battery maker reported revenue of 9.64 trillion won ($7.2 billion), heightening expectations that the slowdown in the EV battery industry may finally be easing.