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Samsung SDI Expands EV Battery Business by Setting up Manufacturing Base in China

Samsung SDI Expands EV Battery Business by Setting up Manufacturing Base in China

SEOUL, Aug. 20 (Korea Bizwire) – Samsung is spurring to the expansion of its business sector of batteries for electronic vehicles as a new cash cow for the group, amid the ailing group chairperson Lee Kun-hee and the falling sales of its smartphones. Vice Chairperson Lee Jae-yong of Samsung is known to pay particular attention in the sector [...]