Samsung SDI Co. said Tuesday it has signed a purchase deal with L&F Co., a South Korean battery material supplier, as it aims to expand its North American energy storage system (ESS) business amid ...

Samsung SDI is reportedly in discussions with Tesla over a potential deal to supply batteries for energy storage systems (ESS), according to industry sources on Monday.

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In what appears to be significant strategic pivot, Samsung SDI will begin supplying prismatic lithium iron phosphate (LFP) batteries for energy storage systems under a fresh US contract worth more ...

Samsung SDI, one of South Korea's three major battery makers, posted a steep operating loss in 2025 as the global market for electric vehicle batteries slumped. The company reported an operating loss ...