Fine vibration function to provide driving feedbackSucceeded in winning a North American electric vehicle supplierFirst export achievement… Applied model to be mass produced in 2023Active discuss Dongwoon Anatech exports haptic driver ICs for vehicles. It increasing demand for automotive haptic user experience (UX), and succeeded in advancing into the global market. Dongwoon Anatech expands its… Continue reading Dongwoon Anatech launches global strategy for ‘vehicle haptic IC’
Author: ET News Online News
Big 3 K-Battery companies invest KRW 7 trillion this year… Expansion of R&D and facilities
Investing a third of KRW 23.2 trillion in total sales of the three companiesSamsung SDI invests in R&D the most at KRW 643.8 billionLG Energy Solution invests in facility investment at KRW 2.425 tri The top three domestic battery companies have invested more than KRW 7 trillion in research and development (R&D) and expansion of… Continue reading Big 3 K-Battery companies invest KRW 7 trillion this year… Expansion of R&D and facilities
China’s battery exports increased by 250% compared to last year…Domestic batteries companies are under threat
The number of Chinese batteries for electric vehicles this year significantly increased by 250% compared to last year. This is result of China’s export amount has been increased, and affecting the domestic electric vehicle market in the meantime. There is concern that the Korean battery industry will struggle due to aggressive production of Chinese batteries. According… Continue reading China’s battery exports increased by 250% compared to last year…Domestic batteries companies are under threat
SK on started the manufacturing of the world’s first ‘Dream Battery’, starting the era of ‘9-1/2-1/2 batteries’
<SK Chairman Tae-won Chey (left) had a meeting with Georgia State Senator Jon Ossoff at the SK Seorin office building in Jongno-gu, Seoul on the evening of the 9th.> SK on announced on the 10th that they will mass-produce the world’s first ‘9-1/2-1/2 Battery(or ‘Nine half half’)’, which is considered to be the best specification… Continue reading SK on started the manufacturing of the world’s first ‘Dream Battery’, starting the era of ‘9-1/2-1/2 batteries’
Samsung SDI recorded all-time high quarterly earnings in the third quarter… “Demand for high-performance electric vehicle batteries increases”
Samsung SDI achieved an all-time record high in the third quarter due to demand for high-performance electric vehicle batteries. Samsung SDI announced on the 2nd that it recorded KRW 3.4398 trillion in sales and KRW 373.5 billion in operating profit in the third quarter. Sales increased by 11.4% compared to the same period last year, and… Continue reading Samsung SDI recorded all-time high quarterly earnings in the third quarter… “Demand for high-performance electric vehicle batteries increases”
SK Innovation develops next-generation all-solid-state batteries with Solid Powerfrom US
<Sungjoon Lee, head of SK Innovation’s Institute of Environmental Science and Technology (left), and Doug Campbell, CEO of Solid Power, are taking a commemorative photo after signing an all-solid-state battery development and production agreement.> SK Innovation and Solid Power, a US battery maker, will develop a next-generation all-solid-state battery. SK Innovation announced on the 28ththat… Continue reading SK Innovation develops next-generation all-solid-state batteries with Solid Powerfrom US
LG Chem establishes joint venture with TORAY for battery separator
<LG Chem Vice Chairman Hakcheol Shin (right) and TORAY CEO Nikkaku Akihiro (left) are signing an agreement to establish a joint venture through a video conference on the 27th.> LG Chem and Japan’s TORAY will establish a joint venture in Europe for separators, a core material for batteries. TORAY is one of the world’s three… Continue reading LG Chem establishes joint venture with TORAY for battery separator
Korean battery equipment industry securing supply contract one after another with US RIVIAN
CIS, PNT, SNF, etc.Signed a supply contract for electrode, notching, and stacking equipmentIndependent production plan for prismatic battery in 2023Expected to expand orders for pouches and cylinde Korean battery equipment makers are drawing attention as they have won key equipment supply contracts with RIVIAN, an American electric vehicle maker. RIVIAN plans to start producing their… Continue reading Korean battery equipment industry securing supply contract one after another with US RIVIAN
“A direct hit to the decrease in car production”… Big 4 Korean parts makers, 3Q earnings ‘red light’
Due to the prolonged shortage of automotive semiconductors and a decline in the utilization rate of finished car factories, the Big 4 domestic auto parts makers are expected to record business results that fall short of market expectations in the third quarter of this year. With fully manufactured cars it is easier to manipulate the… Continue reading “A direct hit to the decrease in car production”… Big 4 Korean parts makers, 3Q earnings ‘red light’
LG Energy Solution-Samsung SDI partners with Stellantis for Battery Supply…A competition for Electric Vehicle Battery Supply in North America
<Stellantis Logo> As LG Energy Solution and Samsung SDI set up a battery joint venture with the world’s fourth-largest automotive manufacturing corporation Stellantis and target the North American market, their future actions are drawing attention. Stellantis announced a 260GWh battery investment plan by 2030 and joined hands with both companies to secure part of their… Continue reading LG Energy Solution-Samsung SDI partners with Stellantis for Battery Supply…A competition for Electric Vehicle Battery Supply in North America