Samsung SDI Co., Ltd.
Company Profile
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Business Overview
-A major EV battery supplier affiliated with the Samsung Group in South Korea. Global EV drive battery market share in 2023 is 4.6%, ranking 7th. (Based on SNE Research publication)
-The company's business consists of the following two divisions.
| Business segments | Major products | Percentage of total sales in 2023 |
| Energy Solution | Batteries for EVs, ESS (Energy Storage System) and smartphones. | 90％ |
| Electronic Materials | Semiconductors, display materials, polarizing films, etc. | 10％ |
Shareholders
| -The company is listed on the Korean Stock Exchange | (As of Dec. 31, 2023) |
| Main Shareholder | Investment ratio (%) |
| Samsung Electronics Co., Ltd. | 19.58 |
| National Pension Public Corporation | 7.62 |
| BlackRock Fund Advisors | 5.01 |
-BlackRock Fund Advisor stake as of August 4, 2020.
Products
Battery Cells
-Prismatic lithium-ion battery cells
-Cylindrical battery cells
Battery Modules
-Battery module for PHEVs
-Battery module for HEVs
Battery Pack
-Battery packs for PHEVs
-Battery packs for HEVs
-12V Dual-packs for Micro HEVs
-Battery packs for BEVs
-Battery packs for PHEVs
-Battery packs for HEVs
-Battery packs for HEVs (Buses & trucks)
History
| Jun. 1970 | Founded Samsung-NEC Inc. |
| Oct. 1976 | Completed the construction of Anyang Plant in Korea. |
| Nov. 1978 | Completed construction of the Gumi Plant in Korea. |
| Feb. 1985 | Changed the company name to Samsung Display Device Inc. |
| Oct. 1991 | Founded Malaysian branch. |
| Feb. 1993 | Founded German branch. |
| Nov. 1993 | Developed bio Braun-tubes. |
| Aug. 1994 | Completed the construction of EMC plant. |
| Sep. 1994 | Founded Mexico branch. |
| Nov. 1995 | Founded Hong Kong branch. |
| Oct. 1996 | Completed construction of plant in Mexico. |
| Jul. 1996 | Founded Tianjin branch, China. |
| Aug. 1996 | Founded Brazil branch. |
| Aug. 1999 | Developed the highest capacity 1800mAh cylindrical Li-ion battery in the industry. |
| Dec. 1999 | Changed the company name to Samsung SDI Co., Ltd. |
| Jul. 2000 | Completed construction of a rechargeable battery plant in Tianan, China. |
| Jun. 2002 | Established Hungarian branch. |
| Jul. 2005 | Mass-produced the world’s first cylindrical 2600mAh battery. |
| Aug. 2005 | Established a high-tech nano/optical material R&D Center. |
| Sep.2008 | Established SB LiMotive, a 50-50 joint venture with Bosch. |
| Feb. 2010 | Established a battery business branch in Vietnam. |
| Nov. 2010 | SB LiMotive opened a new manufacturing facility in Ulsan, Korea. |
| Dec. 2010 | Achieved the largest market share in the global small-size rechargeable battery market. |
| Sep.2012 | Acquired Bosch’s SB LiMotive's shares. |
| Jul. 2014 | Merged with Korean textile manufacturer Cheil Industries Inc. |
| Dec. 2014 | Founded a branch in Austria. |
| Feb. 2015 | Acquired the battery pack business of Magna International. |
| Oct. 2015 | Completed construction of EV battery plant in Xi’an, China. |
| Nov. 2015 | Supplied cylindrical EV batteries to JAC of China. |
| Feb. 2016 | Established SDI Chemical, an affiliate. |
| Dec. 2016 | Signed a strategic partnership agreement with Lucid Motors, a US electric vehicle startup, to cooperate in the EV battery area. |
| May 2017 | Completed the construction of EV battery plant in Hungary. |
| Apr. 2019 | Founded a branch in India. |
| Jul. 2019 | Signed strategic partnership agreement with Volvo Group for next generation e-mobility. |
| Sep. 2019 | Signed a contract to supply battery cells and modules to Akasol, a European battery system manufacturer. |
| Nov. 2019 | Signed a long-term battery supply contract with BMW until 2031. |
| Nov. 2020 | Established the joint venture EcoPro EM, a cathode materials supplier. |
| Oct. 2021 | Established joint venture with Stellantis for automotive battery cells and modules in North American. |
| Oct. 2022 | Completion of the cathode material plant CAM7 of the joint venture EcoPro EM. |
| Jul. 2023 | MOU signed with Sterantis for the construction of a second plant for StarPlus Energy, a joint venture with Stellantis. |
| Oct. 2023 | Concluded a battery supply contract with Hyundai. |
Supplemental Information 1
>>> Business Report FY ended Dec. 2020
>>> Business Report FY ended Dec. 2021
>>> Business Report FY ended Dec. 2022
(Note) Numbers in parentheses in the text indicate minus, which refers to a decrease or loss.
