Korea Joongang Daily
Korea JoongAng Daily

Samsung SDI finds profitability in Q1 on back of ESS battery drive

Samsung SDI, a major Korean battery manufacturer, said Tuesday it swung to a profit in the first quarter from a year earlier, driven by expanded energy storage system (ESS) sales.

2026-04-28

Mercedes inks battery deal with Samsung SDI, deepens cooperation with LG Energy

Samsung SDI will supply EV batteries to Mercedes-Benz, the Korean battery maker said Monday, marking its first contract with the German automaker after years of supplying its rival, BMW.

2026-04-20

Samsung SDI, L&F ink battery material purchase agreement

Samsung SDI said Tuesday it has signed a purchase deal with L&F, a Korean battery material supplier, as it aims to expand its North American energy storage system business amid tighter U.S. rules on China-related supply chains.

2026-03-24

Korea, U.S. must strike together to beat China in battery race, says Factorial Energy CEO

Siyu Huang, CEO of Factorial Energy, emphasized the need for collaboration between Korea and the U.S. to compete against China's $1 billion investment in solid-state battery development.

2026-03-18

Samsung SDI to supply 1.5 trillion won worth of ESS batteries to U.S. energy firm

Samsung SDI said Monday it has clinched an agreement with a U.S.-based energy company to supply prismatic batteries for energy storage systems (ESS) worth 1.5 trillion won ($1 billion).

2026-03-16

Samsung SDI vows to protect its prismatic battery tech at InterBattery expo

Samsung SDI warned that it will “not tolerate patent infringement or technological misappropriation” involving its prismatic battery technology, a design renowned for its structural safety that demands exceptionally advanced technical prowess.

2026-03-11

Samsung SDI to unveil batteries for humanoid robots at this week's InterBattery 2026 event

Samsung SDI will unveil batteries designed specifically for humanoid robots for the first time at the upcoming InterBattery 2026 exhibition, a three-day event set to begin in Seoul on Wednesday.

2026-03-09

Samsung SDI unveils new AI software designed to prevent ESS fires

Samsung SDI will unveil a new AI software designed to prevent fires in energy storage systems (ESS) at the upcoming InterBattery 2026, which will kick off on Wednesday.

2026-03-08

LG Energy Solution, Samsung SDI and SK On to unveil pivot at InterBattery amid EV slowdown

Korea’s leading battery makers are accelerating their push into artificial intelligence data centers, robotics and other applications, seeking to offset a prolonged slowdown in electric vehicle demand by expanding into new high-growth sectors.

2026-03-02

Breakthrough by Samsung SDI, Columbia University may open door to wider lithium metal battery usage

Samsung SDI and a joint research team at Columbia University have developed a new type of battery material that significantly improves the lifespan and safety of lithium metal batteries.

2026-02-23