UPDATED. 2020-06-05 20:09 (금)
Samsung SDI to become more independent in cathode
Samsung SDI to become more independent in cathode
  • Stan LEE
  • 승인 2020.04.03 08:28
  • 댓글 0
이 기사를 공유합니다

Aiming for 50% internalization by 2023

Samsung SDI is aiming to cut more costs by becoming more independent in terms of cathode, a key ingredient in EV batteries, by weaning itself off of local cathode makers such as Unicore and L&F.

Industry sources said on April 1 that the Samsung affiliate is aiming to internalize 50% of its cathode supplies by 2023, up from the current 20%.

For this, Samsung SDI named the chief of its ESS business team to head its cathode-making affiliate STM, which was established in a joint effort with Japan’s Toda Corp. in 2011. STM is now wholly held by Samsung SDI.

“EV battery cathode needs to become more internalized in order for battery makers to gain price competitiveness,” said one industry watcher.

As part of such efforts, Samsung SDI has decided to create a joint venture with Eco Pro BM to add to the supplies from STM, but this hasn’t been easy due to costs. Eco Pro BM’s parent firm I Eco Pro, a company that jointly developed cathode with Samsung SDI and Cheil Industries in 2005. Since then, it has attained the cathode business from Cheil Industries.

To help streamline its business for the future, STM sold off a line producing an annual 2400 tons of cathode precursors to Cosmo AM&T. “STM appears to have reached the decision that it was more efficient to outsource precursors.”

Cathode is a key ingredient of EV batteries – Samsung SDI’s main cash cow. To raise capacity, the Samsung affiliate will be investing up to KRW 1.2 trillion into its Hungary facility up until 2030, when it aims for a monthly production of 18 million cells.

 

The Elec is South Korea’s No.1 tech news platform.
 


댓글삭제
삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
댓글쓰기
계정을 선택하시면 로그인·계정인증을 통해
댓글을 남기실 수 있습니다.

  • 816, Botanic Park Tower2, 213, Gonghang-daero, Gangseo-gu, Seoul, Republic of Korea
  • 대표전화 : 82-2-2658-4707
  • 팩스 : 82-2-2659-4707
  • 청소년보호책임자 : Stan LEE
  • 법인명 : The Elec Inc.
  • 제호 : THE ELEC, Korea Electronics Industry Media
  • 등록번호 : 서울, 아05435
  • 등록일 : 2018-10-15
  • 발행일 : 2018-10-15
  • 발행인 : JY HAN
  • 편집인 : JY HAN
  • THE ELEC, Korea Electronics Industry Media Prohibiting unauthorized duplication,publishing,modification and distribution the material on this Site for any purpose.
  • Copyright © 2020 THE ELEC, Korea Electronics Industry Media. All rights reserved. mail to powerusr@thelec.kr
ND소프트