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Samsung SDI

Company

Electrical and microelectronics
Since 1970
Asia
Yongyin, Gyeonggido, Republic of Korea


Content

Owners

Samsung SDI Co., Ltd. - part of the Samsung Group, based in South Korea and responsible mainly for the creation of displays, batteries and batteries.

History

2021: Signing a memorandum with Stellantis to create a joint venture for the production of lithium-ion batteries

Stellantis N.V. and Samsung SDI announced on October 21, 2021 the signing of a memorandum of understanding aimed at creating a joint venture to produce cells and battery modules for the North American market. The plant, which is scheduled to begin work in 2025, will have a design capacity of 23 GW • h/year with the possibility of its expansion in the future to 40 GW • h/year. More details here.

1990: Renaming

Samsung The company received the name SDI in 1990. SDI in the name means: S - Samsung; D is "Display" and "Digital" and I is "Interface" and "Internet Internet Component."

1970: Foundation of the company

The company was founded on February 20, 1970 as Samsung NEC Co Ltd.