In what appears to be significant strategic pivot, Samsung SDI will begin supplying prismatic lithium iron phosphate (LFP) batteries for energy storage systems under a fresh US contract worth more ...

SEOUL, Dec. 11 (UPI) --South Korea's Samsung SDI said it has signed a $1.36 billion contract to supply lithium-iron phosphate batteries to an unidentified U.S. customer. Under the three-year deal, ...

South Korean battery makers are repurposing EV battery production lines to also produce energy storage systems as they face the phasing out of US subsidies. South Korea's Samsung SDI said on Wednesday ...

SEOUL, Dec 10 (Reuters) - South Korea's Samsung SDI said on Wednesday that its unit Samsung SDI America has signed a deal ‌to supply lithium iron phosphate (LFP) batteries to a U.S. energy ...

South Korean prosecutors have launched a sweeping investigation into alleged leaks of Samsung SDI's prismatic battery technology, with suspicions pointing to cooperation between South Korean suppliers ...

Taiwan-based lead frame manufacturer SDI announced it has signed a right of first offer (ROFO) agreement with Infineon Technologies to jointly advance the development of lead frame technology for ...

Samsung SDI is teaming up with BMW and US-based Solid Power (NASDAQ: SLDP) to commercialize all-solid-state EV batteries. BMW and Solid Power have been working together to develop the next-gen battery ...

Solid Power (SLDP) +4.1% post-market Thursday after unveiling a strategic collaboration with Samsung SDI and BMW to pursue development and validation of a demonstration vehicle powered by ...

The Organization of the Petroleum Exporting Countries and its allies agreed to raise oil output further next month, despite broader concerns about a looming supply glut. After an online meeting Sunday ...

Eight producers, led by Saudi Arabia, will continue boosting production despite forecasts that supply will soon exceed demand. By Stanley Reed Eight countries that belong to the oil cartel known as ...

US industrial production fell in May for the second time in three months as utility output declined and manufacturers struggled for traction against a backdrop of cooler demand. The 0.2% decrease in ...

A Türkiye-backed cyberespionage group exploited a zero-day vulnerability to attack Output Messenger users linked to the Kurdish military in Iraq. Microsoft Threat Intelligence analysts who spotted ...