Samsung SDI Co., Ltd. (006400.KS)
- Automotive Dive
Stellantis recalls 154K hybrid Jeep models for battery fire risk
Owners are advised to park their vehicles outside and away from structures, and not to recharge their vehicle’s battery until the issues are addressed.
- Reuters
Samsung SDI to sell polarizing film business to Chinese firm for $836 million
South Korean battery maker Samsung SDI said on Tuesday it had decided to sell its polarizing film business to China's Wuxi Hengxin Optoelectronic Materials for 1.12 trillion won ($836.47 million). Samsung SDI said in a regulatory filing the sale includes the manufacturing and sales of polarizing films in the South Korean regions of Cheongju and Suwon, as well as 100% of its overseas unit at Wuxi, China. The battery maker said the department making the divestment plans to focus on materials for semiconductors, organic light-emitting diode (OLED), and batteries going forward, to enhance competitiveness and maximize synergy with the battery business through continuous investment.
