Samsung SDI to issue new shares and invest in U.S. joint venture with GM
Mar 13, 2025

Samsung SDI to issue new shares and invest in U.S. joint venture with GM

SEOUL (Reuters) - Samsung SDI (KS: 006400 ) said it would issue new shares worth 2 trillion won ($1.38 billion) in a regulatory filing on Friday and use the proceeds to invest in a U.S. joint venture with General Motors (NYSE: GM ) and expand its factory capacity in Hungary among others.

($1 = 1,452.6800 won)