Samsung SDI shifts to aggressive investment strategy, expands mid- and low-priced EVs = South Korea

Samsung SDI, a major battery manufacturer, has been relatively inactive in its investments, but this year it has taken a turn and started making aggressive moves.
The company is aiming for mass production of the so-called 46mm diameter and 80mm long product in 2025.
The company is accelerating the development of the 4680 battery. The plan is to start mass production in 2027. Signed a memorandum of understanding (MOU) with the city of Ulsan in South Korea, with an investment of 1 trillion won (approximately 112 billion 7 billion won).
The company decided to invest 6.3 million yen to build an anode materials and battery factory. The company's capital investment scale last year was 4,344.7 billion won (approximately 487,736,020,000 yen), an increase of more than 50% from the previous year.
However, the level is not as high as that of Korean competitors. However, this year, as demand for medium- and low-priced electric vehicles (EVs) increases, it will become important to reduce costs and improve productivity, and the development of new technologies and
It became essential to secure mass production technology as soon as possible. The industry estimates that the company's investment scale will reach 5 trillion to 6 trillion won (approximately 561.46 billion to 673.652 billion yen) this year.
The company not only secures a stable cash flow of around 2 trillion won (approximately 224,542,380,000 yen) each year through operating activities, but also has liquid assets of around 2 trillion won.
Jung Yong-jin, a research member at Shinhan Financial Investment, said of Samsung SDI's aggressive investment strategy, ``Considering its stable financial situation, it is a very prudent investment strategy.
strategy.”