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POSCO Targets China Battery Materials Market

POSCO Group is setting out to target the Chinese market, the world’s largest secondary battery material producer, by joining hands with China’s Ronbay Group, a leading global cathode material company.

  • POSCO Group partners with Ronbay Group in China battery market
  • POSCO invests 5.5 trillion won in lithium production by 2033
  • Strategic framework aims to expand lithium supply chain cooperation

Samsung Expands Pyeongtaek Fab into Triple-Deck

Samsung Electronics will expand and construct the ‘P5 1 and 2 Plants (Fab 5 and 6)’, the core of its Pyeongtaek semiconductor site in Gyeonggi Province, from the existing ‘double-fab (two-story)’ to a…

  • Samsung to convert Pyeongtaek site into triple-fab structure
  • Expansion aims to increase production capacity for AI semiconductors
  • Project expected completion in 2030 with 50,000 construction jobs

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