Energy & Power

Samsung SDI Co., Ltd

Company Profile Analysis

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Samsung SDI Co., Ltd - Energy & Power showcase

Year Founded & Workforce

1969-12-31

Industry

Energy & Power

Services

S

Samsung SDI Co., Ltd Overview

Company Headquarters: Yongin-si, South Korea

Founded: 1970

Workforce: ~NA

Company Working: Samsung SDI Co., Ltd. (Samsung SDI) is a manufacturer and distributor of batteries. The company along with its subsidiaries carries out R&D, manufacturing, and marketing of a wide range of digital products such as small-size Li-ion batteries, automotive batteries, electronic materials, energy storage systems, semiconductors, organic light-emitting diode (OLED), and photovoltaic paste. Its products find applications in information technology (IT) devices, power devices, and trans devices. Samsung SDI distributes its products to clients in Korea, North America, Europe, China, and Southeast Asia. The company operates production plants in Korea, China, Hungary, Vietnam, Austria, the US, Germany, India, Japan, and Malaysia.

Strategy

Samsung SDI has robust R&D capabilities, which help implement innovative technology and deliver advance products, and services that meet its customers' critical needs. The company aims at developing new digital display devices. Samsung SDI conducts research to develop lithium-ion batteries for providing automakers and their customers with longer electric driving range and better powertrain performance. Samsung SDI harnesses its advanced battery technologies and its collaborative R&D structure with other Samsung affiliates to conduct research. Samsung SDI Energy & Chemical Solutions, Samsung Advanced Institute of Technology, Samsung Fine Chemicals, and other materials-related affiliates conduct collaborative research for advancing the development of new battery materials. In FY2021, Samsung SDI incurred an expenditure of KRW877,648 million on its R&D, which as a percentage of total revenue stood at 6.4%.

Company Snapshot

$8,885.74M

Revenue

1969-12-31

Founded

Yongin-si, South Korea

Headquarters

SWOT Analysis

Strengths

  • leading competitor in the market
  • Strong brand image
  • R&D Capabilities
  • Financial Performance
  • Global Presence

Weaknesses

  • Dependence on imports of raw material
  • Liabilities

Opportunities

  • Increasing demand for electric vehicles
  • Global Automotive Industry
  • Strategic Initiatives
  • Semiconductor Market

Threats

  • Stringent government regulations, which is increasing operating cost
  • Regulations from RoHS and WEEE
  • Intense Competition
  • Foreign Exchange Risks

Key Developments

DateApproachDevelopment
February 2023Product LaunchSamsung SDI Co announced that it had developed a new cathode material with a nickel content of 90%. This is the highest nickel content ever achieved in a lithium-ion battery cathode material, and it represents a significant breakthrough for Samsung SDI Co. The new cathode material has a number of advantages over traditional cathode materials, including a higher energy density and improved safety. Samsung SDI Co plans to begin commercial production of the new cathode material in 2024.
March 2023AgreementSamsung SDI Co announced that it had signed a deal with General Motors to supply cathode material for GM's Ultium platform electric vehicles. The deal is worth an estimated $2.3 billion and is expected to supply cathode material for GM's electric vehicles for the next five years. The deal is a significant win for Samsung SDI Co, as it will help the company to secure a major customer for its cathode material products.
April 2023ExpansionSamsung SDI Co announced that it had begun construction of a new cathode material plant in the United States. The plant is expected to have a production capacity of 100,000 tons per year and is scheduled to start production in 2025. The plant is part of Samsung SDI Co's efforts to expand its production capacity in the United States and meet the growing demand for lithium-ion batteries in the country.
December 2022AgreementSamsung SDI Co announced that it had signed a deal with Ford Motor Company to supply cathode material for Ford's electric vehicles. The deal is worth $5 billion and is expected to last for five years. The cathode material will be used in Ford's Mustang Mach-E and F-150 Lightning electric vehicles.
March 2022Product LaunchSamsung SDI Co announced that it had developed a new lithium-ion battery technology that can charge a battery to 80% in just 10 minutes. The new technology uses a new type of electrolyte that is more conductive than traditional electrolytes.

Product Offering

  • Samsung SDI Co., Ltd
    • Golf Cart Battery

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Samsung SDI Co., Ltd as part of our ongoing coverage of the Energy & Power sector, drawing on public company data, filings, and market intelligence.

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Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
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Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

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