Samsung SDI JH

XSDG

Equity

ISIN US7960542030 / Valor 1073444

Deutsche Boerse AG (2024-09-18)

EUR 61.60-0.65%

Samsung SDI JH
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About company

Samsung SDI, a subsidiary of the South Korean conglomerate Samsung Group, is at the forefront of developing advanced battery technologies. The company has recently announced its participation in InterBattery 2024, where it plans to showcase its latest advancements in battery technology, including its all solid-state battery (ASB) with an industry-leading energy density of 900Wh/L. This next-generation battery solution, which utilizes a solid electrolyte, is touted for its potential to significantly reduce fire risks and extend driving ranges, marking a substantial leap over current lithium-ion batteries. Samsung SDI's presentation will include a comprehensive roadmap detailing the company's journey from development to the mass production of ASB, highlighting a 40% increase in energy density compared to its previous iterations. Additionally, the company will exhibit technologies enabling rapid charging capabilities and batteries with extended lifespans of over 20 years, alongside its cell-to-pack (CTP) configuration. Samsung SDI's efforts underscore its ambition to lead the global battery market by transitioning from conventional battery solutions to more advanced, safer, and efficient energy storage options.

Summarized from source with an LLMView SourceSector: Technology

Latest Results ():

Summarized from source with an LLMView Source

Key figures

-38.2%1Y

-52.3%3Y

37.2%5Y

Performance

48.9%1Y

41.9%3Y

46.8%5Y

Volatility