Samsung SDI reported a Q3 operating profit nearly doubling to $306 million, driven by strong energy storage system demand linked to AI data centers. The company secured over 60 GWh of US orders and is
Samsung SDI reported a 34.8% year-over-year increase in operating profit for its electronic materials segment in Q2, driven by strong demand for semiconductor and foldable smartphone film materials.
Samsung SDI invests $20 million and engineering support in Forge Nano to build US-based battery cells for defense, aiming to bypass tariffs and reduce reliance on Chinese materials while seeking addit
Samsung SDI signed a multi-year agreement to supply high-nickel NCM batteries to Mercedes-Benz for future electric SUVs and coupes, marking their first partnership with the automaker.
Samsung SDI secured a $1 billion cathode material supply pact with L&F Corp to bolster its North American energy storage systems (ESS) market presence.
Samsung SDI reported steady quarterly revenue and profit in its electronic materials segment during Q4, supported by continued investments in artificial intelligence technologies.
ChemBrief