Samsung SDI Announces KRW 2 Trillion Rights Offering for Future Competitiveness

Board of Directors resolves on March 14 to commence a rights offering with unsubscribed shares available for public subscription
Company to utilize the fund for its joint venture with General Motors, expansion of Hungary production facilities and establishment of lines for all solid-state battery
Efforts to secure financial resources for new investments and achieve a stable financial structure for future market leadership
Samsung SDI CEO vows to achieve a stable financial structure, overcome the market slowdown and prepare for the forthcoming supercycle

2025.03.14 09:51:58

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