South Korea’s Misumsystech is providing battery backs and battery management systems (BMS) for the electric version of Thailand’s three-wheel rickshaws Tuk Tuk, as a part of bilateral collaboration in fourth industrial revolution industries, the manufacturer said on Sept. 2.The move comes after the

The chief executive of South Korea’s top battery maker LG Chem recently said that despite the subpar quality of locally-made battery pouch film, the firm will try to replace some of its Japanese suppliers with local manufacturers.“It’s true that we have been relying on Japanese suppliers such as DNP

South Korea’s Samsung SDI and LG Chemical is looking to produce more cylindrical batteries to prepare to supply to high-end electric vehicles such as the Tesla Model 3.According to market research firm SNE Research on Aug. 26, the global cyclical battery market reached 125GWh this year, up from the

POSCO, South Korea’s largest steelmaker, said on Aug. 22 that it has held a ceremony to mark the completion of its first overseas plant for producing the battery material, cathode, in China. The plant was created as a joint venture with China’s Huayou Cobalt, and was built a year after it began cons

SK Innovation plans to commercialize a technology enabling the retrieval of lithium hydroxide from used batteries of electric vehicles, the company said on Aug. 20.Lithium hydroxide is retrieved from the cathode material of used batteries. Until now, only materials such as nickel, cobalt and mangane

South Korea’s SK Innovation will soon be producing battery modules using the welding technology provided by local supplier Toptec, according to industry sources on Aug. 16.On July 26, Toptec said it was to supplying laser-based welding technology and equipment to SK Battery America, the US battery c

Samsung SDI is looking to reduce its reliance on Japanese suppliers of lithium ion battery separators (LiBS) to prep for more restrictions by Japan against exports to South Korea, according to industry watchers on Aug. 14. During this process, SDI also hopes to cut costs and improve battery quality,

South Korean battery suppliers are joining the race to land orders for SK Innovation’s electric vehicle (EV) battery-making plant to be built in Jackson Country of Georgia in the US that broke ground in March this year.The factory is scheduled to churn out an annual 9.8GWh worth of batteries, with m

China’s Amperex Technology Limited (ATL) has signed on to supply batteries for Samsung Electronics’ new wearable device, the Galaxy Watch Active 2.This is the third Samsung installment for ATL since the Gear S3 in 2016, the Gear Sports in 2017 and the Galaxy Watch in 2018. The Galaxy Watch Active la

South Korea’s SK Innovation will be investing 16% more in terms of capital expenditure (CAPEX) than planned by spending up to 3.5 trillion won ($2.9 billion), the company said on July 26 in a conference call announcing its second quarter earnings.In the first quarter, the company had put the expense

South Korea's LG Chem expects to break even in its electric car battery business despite posting a deficit on two consecutive quarters. It also anticipates its annual sales to reach 5 trillion won ($4.2 billion).LG Chem said on July 24 that its EV battery business in the second quarter hit an accumu

Samsung Electronics said on July 18 that at the end of this month, it will begin mass producing its 12Gb Low Power Double Data Rate 5 (LPDDR5) mobile DRAM running on record-high speed and offering the largest capacity ever.The DRAM package will be loaded with a total of eight second-generation 10nm(

Samsung SDI is considering investing in EcoProBM, South Korea’s largest battery anode maker.At its second quarter earnings report on July 16, EcoProBM said it is working closely with Samsung SDI on getting funding for building the CAM6 plant in Pohang, a city further south of Seoul.“We are talking a

South Korean display equipment maker DE&T is jointly developing key EV battery making equipment with a local battery cell manufacturer and may supply the firm, according to industry sources on July 15.They expected positive results in about mid-2020 from the collaboration, which involves different e

South Korea's Cosmo AM&T is developing EV batteries with a nickel content of 80% or higher in joint efforts with Samsung SDI and LG Chem, respectively, according to industry sources on July 11.If successful, Cosmo could be supplying both battery makers, they added.With an aim to mass produce by 2021

LG Chem is expected to take a 16.8% stake in the global electric vehicle battery market this year to close in on China’s CATL, according to market research firm B3 on July 10.That would mark a significant rise from last year’s 10.6%, although the firm would remain at third in the world. On the other

LG Chem Vice Chairman Shin Hak-cheol said on July 9 that the company is prepping for possible sanctions from Japan.Addressing a press conference held at LG headquarters in Yeouido, Shin also said the company expects its battery business to grow by more than three-fold to 31 trillion won.In total, th

South Korean battery maker Samsung SDI has begun running its battery plant in the Chinese city of Tianjin, according to industry sources on July 3.Tianjin is where the Samsung unit said in December last year that it would invest 400 billion won ($342.7 million) to expand its battery assembly lines a

South Korean battery LiBS maker W-scope is committed to invest up to 80 billion won ($68.9 million) to add two extra production lines for separator film at its plant in Chungju of Chungcheong Province, industry sources said on July 1.The reports come after W-scope added LG Chem and Samsung SDI as ne

LG Chem is increasingly turning to Chinese suppliers such as Shanghai Energy New Materials Technology Co. (Semcorp.) and Senior for lithium-ion battery separators (LiBS), industry sources said on June 28.At the same time, the LG unit is reducing its reliance on SK Innovation. The two companies have