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Samsung SDI to raise $1.3 billion via stock offering for facility investment
Seoul, March 15: Samsung SDI Co., South Korea's second-biggest battery maker, said it will raise 2 trillion won ($1.37 billion) through a stock sale as part of its broader growth strategy.
South Korean battery firms make record investments amid EV slowdown
Seoul, Jan 22: South Korea's three major battery makers likely made all-time-high investments in research and development (R&D) activities last year despite a slowdown in electric vehicle sales, industry sources said on Wednesday.