Previous close | 378,500.00 |
Open | 372,000.00 |
Bid | 371,500.00 x 0 |
Ask | 372,000.00 x 0 |
Day's range | 370,500.00 - 379,000.00 |
52-week range | 294,500.00 - 539,000.00 |
Volume | |
Avg. volume | 403,624 |
Market cap | 24.63T |
Beta (5Y monthly) | 0.85 |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | 24 Oct 2024 - 28 Oct 2024 |
Forward dividend & yield | 1,000.00 (0.27%) |
Ex-dividend date | 27 Dec 2023 |
1y target est | 578,615.00 |
South Korean battery maker Samsung SDI said on Tuesday it had decided to sell its polarizing film business to China's Wuxi Hengxin Optoelectronic Materials for 1.12 trillion won ($836.47 million). Samsung SDI said in a regulatory filing the sale includes the manufacturing and sales of polarizing films in the South Korean regions of Cheongju and Suwon, as well as 100% of its overseas unit at Wuxi, China. The battery maker said the department making the divestment plans to focus on materials for semiconductors, organic light-emitting diode (OLED), and batteries going forward, to enhance competitiveness and maximize synergy with the battery business through continuous investment.
GM and Samsung SDI are set to invest $3.5 billion to construct an EV battery plant with an annual capacity of up to 36 gigawatt-hours in northern Indiana.
SEOUL/WASHINGTON (Reuters) -South Korea's Samsung SDI said on Wednesday it has completed an agreement with General Motors to build a joint electric vehicle (EV) battery factory in the U.S. state of Indiana. The two companies will invest about $3.5 billion to build a battery cell manufacturing plant with an annual production capacity of 27 gigawatt hours (GWh) initially, Samsung SDI said in a statement. Shares of Samsung SDI rose as much as 3.2% in morning trade, versus benchmark KOSPI's 0.3% fall.