| 👁 Image | |
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.samsungsdi.com |
| Footnotes / references [1] | |
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Samsung SDI Co., Ltd. (Korean: 삼성SDI 주식회사) is a battery and electronic materials manufacturer headquartered in Yongin, 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, and Energy 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, producing vacuum tubes. It expanded into cathode ray tubes by 1975. In 1984, the company name was changed to Samsung Electron Device Inc. and expanded into LCDs two years later. By 1998, the company had developed a cylindrical lithium-ion battery. In 1999, the company's name became Samsung SDI Co., Ltd. Samsung SDI started producing AMOLEDs in 2007.[4]
In 2012, Samsung SDI and several other major companies were fined by the European Commission for price fixing of TV cathode-ray tubes.[5] Samsung SDI merged with Cheil Industries in 2014. In 2015, the company acquired Magna 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 outlet Telex reported that carcinogenic substances had been detected at more than 500 times the permitted level at the company's battery plant in Göd, and alleged that the company failed to address or disclose the issue.[7] According to Agence 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 by Telex and AFP argued that the Hungarian government was reluctant to take measures such as temporarily closing the plant due to potential economic and political consequences.[9] On the 11th, the Supreme Court of Hungary overturned a lower court's revocation of the plant's environmental certification.[10]
Partnerships
[edit]Joint Ventures
[edit]| 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] |
Supply Agreements
[edit]| 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] |
Corporate governance
[edit]As of 30 June 2023.
| Shareholder | Stake (%) | Flag |
|---|---|---|
| Samsung Electronics | 19.58% | 👁 Image |
| National Pension Service | 7.47% | 👁 Image |
| BlackRock | 5.01% | 👁 Image |
| Samsung Foundation of Culture | 0.58% | 👁 Image |
| Samsung Welfare Foundation | 0.25% | 👁 Image |
Plants
[edit]As of October 2023, the company operates two battery cell plants in South Korea and four overseas battery cell plants in the United States, China, Hungary and Malaysia.[20]
Rugby Union
[edit]| 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's rugby union team played in the Korea Rugby League, the top division in Korea, from its formation in 2003 to 2014. It won the championship 4 times.[21]
Honors
[edit]- Korea Rugby League
- Champions: (4) 2003, 2004, 2008, 2012
Notable Former Players
[edit]Internationals
[edit]- 👁 South Korea
Lee 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]- SB LiMotive
- List of electric-vehicle-battery manufacturers
- Samsung
- Samsung Electronics
- Battery industry of South Korea
- Manufacturing in South Korea
References
[edit]- ^ a b "SAMSUNG SDI Sustainability Report 2020" (PDF). Samsung SDI. Retrieved October 30, 2021.
- ^ "SAMSUNG SDI CO., LTD. AND SUBSIDIARIES Consolidated Financial Statements" (PDF). Retrieved October 30, 2021.
- ^ "2022 1H Global[1] EV & Battery Performance Review". SNE research. Retrieved 1 October 2022.
- ^ a b "Samsung SDI Company History - From 1970＇s to 2000＇s | Samsung SDI". www.samsungsdi.com. Archived from the original on 2026-01-05. Retrieved 2026-01-27.
- ^ "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. Retrieved 5 December 2012.
- ^ a b "Samsung SDI, Hyundai Motor Company Clinch First Supply Deal for Electric Vehicle Batteries". Samsung SDI Newsroom. October 23, 2023.
- ^ https://telex.hu/video/2026/02/09/video-godi-samsung-akkumulatorgyar-titkosszolgálat-rogan-antal
- ^ Daily, The Chosun (2026-02-09). "Samsung SDI's Hungary Plant Conceals Carcinogens 510 Times Over Standard". The Chosun Daily. Retrieved 2026-02-12.
- ^ "„Szóltak, hogy Viktor levette a védelmet a gyárról" – olyan durván mérgezett a gödi Samsung, hogy Rogán rájuk küldte a titkosszolgálatot". Telex.hu (in Hungarian). 2026-02-09. Retrieved 2026-02-12.
- ^ "Hungarian Supreme Court Overturns Ruling Revoking Samsung SDI's Environmental Certification". www.asiae.co.kr. 2026-02-12. Retrieved 2026-02-12.
- ^ "Samsung SDI, Bosch to Form Joint Venture - The Korea Times". www.koreatimes.co.kr. 2008-06-16. Retrieved 2026-01-27.
- ^ Hyung-ki, Park (2014-11-04). "Samsung SDI, Sungrow agree to form energy storage venture". The Korea Herald. Retrieved 2026-01-27.
- ^ "StarPlus Energy". starplusenergyus.com. Retrieved 2026-02-12.
- ^ "Samsung SDI to build 2nd US battery plant with Stellantis in Indiana - The Korea Times". www.koreatimes.co.kr. 2023-10-11. Retrieved 2026-01-27.
- ^ "SAMSUNG SDI and General Motors Finalize Agreement to Establish Battery Joint Venture in the U.S." Samsung SDI. August 28, 2024. Retrieved January 22, 2026.
{{cite web}}: CS1 maint: url-status (link) - ^ "Home". Synergy Cells. Retrieved 2026-02-12.
- ^ "SDI to Supply Batteries for BMW - The Korea Times". www.koreatimes.co.kr. 2009-08-03. Retrieved 2026-01-27.
- ^ Ji-hye, Shin (2016-12-08). "Samsung SDI's deal with Lucid Motors estimated at $520m". The Korea Herald. Retrieved 2026-01-27.
- ^ Garikipati, Ram (2019-11-21). "Samsung SDI wins EV battery supply deal from BMW". The Korea Herald. Retrieved 2026-01-27.
- ^ "Samsung SDI to build 2nd U.S. battery plant with Stellantis in Indiana". Yonhap News. October 11, 2023.
- ^ Hinato (2022-11-14). "De son lancement en 2003 à nos jours: L'histoire de la Korea Rugby League". Asierugby (in French). Retrieved 2024-06-19.
External links
[edit]- Official website
- Business data for Samsung SDI:
