Auto, Breaking, Business, News, Samsung

Samsung Invests $2.51 Billion into Car Battery Business

Over the past couple of months, we’re seeing a lot of corporate movements inside Samsung Group. First, Samsung Display announced it plans to completely offload its LCD manufacturing business, starting with a sale of L.5 factory to China’s Truly. Second, Samsung SDI decided to sell its whole chemical business sector and focus solely on improving the chemistry for its car battery business. The size of investment is nothing to be sneezed at. Over the next three years, newly established ‘Samsung SDI Chemical’ will be sold off, while Samsung’s SDI will invest at least $2.51 billion into development of car batteries. This is not all, as all


Auto, VR World

The 2015 Lancer Evolution Final Edition Is A Bid Farewell To One Particularly Great Car

Earlier today, Mitsubishi Motors Of North American announced the details of the limited-production 2015 Lancer Evolution Final Edition. A great way to bid farewell to one of the most important, recognizable and impacting models in history. For many this was the car that redefined the four-door sports car genre, creating unbelievable hype and ensuring teenage boys and their grown up counterparts had something to wish for – for decades. The Lancer Evolution has seen ten generation. Each with its own appeal and allure that created plenty of sales and income for the Japanese car maker. Sadly, it’s being retired. To send it off in style,


Asia Pacific (APAC), Global Politics

au Shinjuku, Bioelectric Pads, Black Solar: The Headlines in Tokyo for November 24

Here is the daily roundup from Japanese consumer tech and tech business websites for November 24, 2014.