Samsung SDI Co., Ltd. (0L2T.L)
| Previous close | 60.80 |
| Open | 62.00 |
| Bid | 0.00 x N/A |
| Ask | 0.00 x N/A |
| Day's range | 62.00 - 62.00 |
| 52-week range | 62.00 - 62.00 |
| Volume | |
| Avg. volume | N/A |
| Market cap | N/A |
| Beta (5Y monthly) | 0.85 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- Reuters
Samsung SDI to sell polarizing film business to Chinese firm for $836 million
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.
- Zacks
General Motors & Samsung SDI to Invest $3.5B in US Battery Plant
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.
- Reuters
Samsung SDI finalizes deal with GM to build $3.5 billion joint EV battery factory in US
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.
