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Batteries & E-Mobility

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Samsung SDI

Samsung SDI

Samsung SDI

Verified Sep 2026

Batteries & E-Mobility

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South Korea flag

Yongin, South Korea

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Since 1970

Samsung SDI Co., Ltd. is a South Korean battery and electronic materials manufacturer founded in 1970, headquartered in Yongin, Gyeonggi. The company develops and manufactures lithium-ion cells, modules, and packs for electric vehicles and energy storage systems, alongside semiconductor and display materials. It operates 11 manufacturing plants globally and employs approximately 26,000 people.

Samsung SDI

Verified Sep 2026

AT A GLANCE

Founded

1970

Headquarters

South Korea flag

Yongin, South Korea

Employees

~26,000

Ownership

Listed

Samsung SDI at a glance

Revenue

€3.4B

FY2025 · automotive sector · Berylls

Employees

~26,000

FY2025 · published

Founded

1970

55 years in operation as of 2025

Headquarters

Yongin, South Korea

150-20 Gongse-ro, Giheung-gu

Ownership

Listed

KRX: 006400 · Samsung Group

Certifications

IATF 16949:2016

Multi-site · Ulsan · Hungary · Auburn Hills

Known customers

BMW · Rivian · Volkswagen · Mercedes-Benz · GM

Company press releases

Industries

Automotive

Electric Vehicles

Electronics

What Samsung SDI makes

Samsung SDI produces lithium-ion batteries for electric vehicles, energy storage systems (ESS), and smaller-format devices, alongside electronic materials for semiconductors and displays. The automotive and ESS battery lines are the company's largest business by revenue and its primary growth focus.

For electric vehicle customers, Samsung SDI supplies cylindrical cells, prismatic cells, and battery packs. The company's 46-series cylindrical cells target high-energy-density EV and power-tool applications. Its prismatic lineup covers both nickel-cobalt-manganese (NCA and NCM chemistry) and lithium iron phosphate (LFP) formats -- the LFP prismatic is the company's primary ESS offering and, per the company's own materials, the only non-Chinese prismatic ESS solution in production. Pack assembly -- combining cells into modules and full battery packs -- is performed at the Ulsan plant in Korea and through its Hungary and North America facilities.

The electronic materials division produces semiconductor packaging materials including epoxy molding compounds and high-thermal-conductivity compounds for mobile AP and memory chips, phosphorescent sensitized fluorescence (PSF) materials for OLED displays, and patterning films for foldable phones. This division has remained profitable through the 2025 battery downturn and reported quarterly operating profit of roughly KRW 39 billion in Q4 2025, per the company's IR materials.

All-solid-state batteries are in advanced development. Samsung SDI completed a pilot line in 2023 and signed a joint development agreement with BMW in 2025 to validate solid-state cell technology for future vehicles.

Financial performance

Samsung SDI's automotive-sector revenue was EUR 3,440 million in FY2025, down 38% from EUR 5,547 million in FY2024, per the Berylls by AlixPartners Top-100 automotive supplier study. The operating income margin on that perimeter was -24.5% for FY2025, compared to +1.1% in FY2024 -- a swing into significant operating loss.

On a total-company basis (automotive, ESS, small-sized batteries, and electronic materials combined), the company reported revenue of KRW 13.27 trillion (approximately $9.3 billion) for FY2025, down 20% from KRW 16.59 trillion in FY2024. The total operating loss was KRW 1.72 trillion at a -13.0% margin, compared to a KRW 363 billion operating profit (+2.2% margin) in the prior year, per the company's February 2026 earnings release. Q4 2025 showed sequential improvement: revenue rose 26.4% quarter-on-quarter to KRW 3.86 trillion, and the operating loss narrowed to KRW 299 billion, roughly half the prior quarter's loss, driven by record ESS battery sales and US Advanced Manufacturing Production Credit (AMPC) benefits.

The company employs 26,090 people as of 2025, per its own published figures. Total assets were KRW 42.3 trillion at year-end 2025. The company is listed on the Korea Exchange (ticker: 006400) and is part of the Samsung Group.

The 2025 loss reflects the combination of weaker-than-expected EV demand from key customers, pricing pressure across the battery industry, and ongoing investment in capacity for future growth. Samsung SDI has described 2026 as a "turning point year," pointing to full-capacity ESS production, US local mass production ramp, and new EV supply contracts signed in 2026.

Ownership and history

Samsung SDI was established in 1970 as a Samsung Group subsidiary initially focused on electronic materials and cathode ray tubes for televisions. The company shifted progressively toward energy storage over subsequent decades -- entering small-sized lithium-ion batteries in the early 2000s, automotive batteries in the 2010s, and ESS at scale through the 2020s.

The company is majority-controlled by Samsung Electronics and other Samsung Group entities. It has been listed on the Korea Exchange since the 1990s and files under Korean IFRS. Headquarters and R&D leadership sit in Yongin, Gyeonggi Province, Korea, at 150-20, Gongse-ro, Giheung-gu. The global network includes 11 manufacturing plants, 9 sales offices, and 8 R&D labs as of 2025.

Certifications and quality

Samsung SDI holds IATF 16949:2016 certification at multiple manufacturing sites. The Ulsan plant, its primary automotive and ESS production facility, is certified for the design and manufacture of cells, modules, and packs of lithium-ion battery for powertrain. Samsung SDI's Hungary plant in Göd and its Samsung SDI America entity in Auburn Hills, Michigan, hold separate IATF 16949:2016 registrations covering cells, modules, and packs for EV applications, per certificates posted by the company.

The company describes its quality policy under the motto "All for nothing without quality" and applies APQP and PPAP across its automotive battery programs. The sustainability report references GRI Standards 2021, SASB alignment, and TCFD-consistent disclosure, with financial data audited by KPMG Samjong.

Known customers

Samsung SDI supplies or has documented supply agreements with the following OEM and industrial customers:

Customer

Program / Evidence

As of

BMW

Joint development agreement for all-solid-state battery validation

FY2025

Rivian

Cylindrical cell supply partner (strategic)

Ongoing

Volkswagen Group

Large-scale battery supply contract; mass production planned 2027

Jun 2026

Mercedes-Benz

Multi-year EV battery supply agreement -- high-nickel NCM for next-generation compact and mid-size EVs; first EV supply to Mercedes-Benz

Apr 2026

General Motors

New joint development agreement for next-generation prismatic batteries; Samsung SDI acquired GM's stake in New Carlisle Indiana plant

Aug 2026

Hyundai Motor / Kia

MOU for jointly developed batteries for robotic applications

FY2025

KG Mobility

MOU for 46-series cylindrical cell packs for future EVs

Dec 2025

Customer relationships with other OEMs are not publicly documented in materials reviewed for this profile.

Recent news

August 2026 -- Samsung SDI and General Motors signed a new joint development agreement for next-generation prismatic batteries. Samsung SDI separately acquired GM's 49.99% stake in their joint venture plant in New Carlisle, Indiana, making it the company's first wholly-owned North American production facility. The plant is planned for ESS battery production initially, with potential future prismatic cell manufacturing (Samsung SDI press release).

June 2026 -- Samsung SDI signed a large-scale battery supply contract with Volkswagen Group, with mass production planned to begin in 2027. The agreement follows Samsung SDI's broader effort to secure long-term OEM supply agreements as EV demand recovers (S&P Global Automotive Technology Insight).

April 2026 -- Samsung SDI and Mercedes-Benz signed a multi-year agreement to supply high-nickel NCM batteries for Mercedes-Benz's next-generation compact and mid-size electric SUV and coupe models. The signing, attended by the CEOs of both companies, marked Samsung SDI's first EV battery supply relationship with Mercedes-Benz (Samsung SDI press release).

Frequently asked questions

What does Samsung SDI make?

Samsung SDI manufactures lithium-ion batteries for electric vehicles, energy storage systems, and small-sized applications such as power tools and IT devices, along with electronic materials for semiconductors and displays. Its automotive and ESS battery lines -- including prismatic and 46-series cylindrical cells -- are the core of the business. The company is headquartered in Yongin, South Korea, and operates 11 manufacturing plants globally as of 2025.

Who owns Samsung SDI?

Samsung SDI is a publicly listed company on the Korea Exchange (ticker: 006400). It is a member of the Samsung Group, with Samsung Electronics holding a significant ownership stake. The company has been listed since the 1990s and reports under Korean IFRS.

What is Samsung SDI's annual revenue?

Samsung SDI reported total company revenue of KRW 13.27 trillion (approximately $9.3 billion) for FY2025, down 20% from KRW 16.59 trillion in FY2024, per the company's official earnings release. Its automotive-sector revenue was EUR 3,440 million in FY2025, per the Berylls by AlixPartners Top-100 study, down 38% year-on-year.

Where is Samsung SDI headquartered?

Samsung SDI's global headquarters is at 150-20, Gongse-ro, Giheung-gu, Yongin-si, Gyeonggi-do, Korea (postal code 17084). The primary automotive and ESS battery manufacturing facility is in Ulsan, Korea. The company also operates major plants in Hungary and, as of 2026, a wholly-owned plant in New Carlisle, Indiana, USA.

Who are Samsung SDI's customers?

Documented OEM customers include BMW, Rivian, Volkswagen Group, Mercedes-Benz, General Motors, Hyundai Motor, Kia, and KG Mobility, based on publicly announced supply contracts and joint development agreements. Samsung SDI describes itself as a tier-1 supplier to global automakers across EV battery cell, module, and pack supply.

Last verified September 2026. Is this your company? Request a correction.

Latest news

Aug 2026

Samsung SDI and General Motors signed a new joint development agreement for next-generation prismatic batteries, and Samsung SDI acquired GM's stake in the New Carlisle, Indiana plant, making it the company's first wholly-owned North American facility (Samsung SDI press release).

Apr 2026

Samsung SDI signed its first EV battery supply agreement with Mercedes-Benz, a multi-year contract for high-nickel NCM batteries for next-generation compact and mid-size electric vehicles (Samsung SDI press release).

Jun 2026

Samsung SDI signed a large-scale battery supply contract with Volkswagen Group, with mass production planned to begin in 2027 (S&P Global Automotive Technology Insight).

Leadership

Joo Sun Choi

President & CEO

Han Jae Cho

EVP, Head of Global Sales

Location & contact

Giheung HQHeadquarters · Gyeonggi-do, Korea 17084
Ulsan PlantManufacturing · Ulsan, Korea
Cheonan PlantManufacturing · Chungcheongnam-do, Korea
Gumi PlantManufacturing · Gyeongsangbuk-do, Korea
Samsung SDI HungaryManufacturing · Ipartelep, Hungary
New Carlisle PlantManufacturing · Indiana, USA
Giheung HQ150-20, Gongse-ro, Giheung-gu, Yongin-si, Gyeonggi-do, Korea 17084Corporate headquarters, R&D coordination

Certification

IATF 16949:2016

Design and manufacture of lithium-ion battery cells, modules and packs for powertrain and ESS

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