Samsung SDI is trading 4.31% up at KRW 508,000 after acquiring General Motors’ 49.99% stake in SynergyCells, giving it full ownership of the Indiana battery venture.
- The facility is being repositioned toward energy-storage systems and other high-tech applications amid slower EV demand.
- Samsung SDI and GM agreed to jointly develop next-generation prismatic battery cells, reinforcing their strategic partnership.
- Trading is closed for the August 13 session; the provided price context shows a significant gain.