Hanwha Corporation’s machine business unit was manufacturing battery electrode equipment at its Asan plant to supply to Samsung SDI, TheElec has learned.
The equipment will be delivered to Samsung SDI’s battery factory at Geod, Hungary, within the year.
The deal is wroth tens of billions of wons, people familiar with the matter said.
The equipment is a coater used to dry the metal foils, cathode and anode.
The equipment to roll press these materials and the slitter to cut them will be made and supplied to Samsung SDI from a different company from Hanwha.
Coster are used to paste the anode and cathode on the foil. The materials go through a super fast roll to roll process. They are dried at over 150 Celsius.
Hanwha could win additional orders from Samsung SDI worth hundreds of billions of wons later, the people said.
This is because Samsung SDI could order the coster, roll press and slitter in turn-key from Hanwha the next time around, they said.
Hanwha vice president An Woo-sung is overseeing the project. He was the one who researched needs of the customer and market, the people said.
Hanwha has been upgrading its production facilities for battery equipment since 2019, with expectations for the sector to grow.
Last year, Hanwha Precision Machinery president Ok Kyung-suk also headed Hanwha’s machine business unit.
Ok previously worked with Samsung SDI CEO Jun Young-hyun at Samsung Electronics’ semiconductor division. Ok was the executive vice president of Samsung’s chip unit up to 2016. Jun was the memory chief at Samsung up to 2017.
A Hanwha spokesperson declined to comment on the matter.