Friday, 21 August, 2026
Cash for the Battery Push
By TechShots Studio
Samsung SDI is selling 13.09 million shares in affiliate Samsung Display back to the display maker for 4.45 trillion won ($3.21 billion). Closing on August 27, the deal reduces Samsung SDI's stake to 10.2%. The transaction provides capital to fund future growth, including facility expansion, solid-state battery tech, and energy storage systems.