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Chinese Battery Giants Invest $90 Billion Overseas

Major Chinese battery companies have invested approximately $90 billion in overseas operations since 2023, expanding their penetration of the global market.

  • Chinese battery giants CATL, BYD, and Gotion invested $90 billion overseas since 2023.
  • BYD's battery capacity in EVs outside China rose 66.5% to 39.7GWh, market share increased to 11.0%.

Activist Align Targets SK Over 75% Undervaluation

With the activist fund Align Partners Capital Management (hereinafter referred to as Align) disclosing a 1.5% stake in SK Inc.

  • Align Partners Capital Management owns 1.50% stake in SK Inc.
  • Company undervalued due to double discount structure from corporate governance.
  • SK Inc. stock price surged over 15% after activist targeting.

Samsung, SK hynix Upgrade China NAND Plants to Counter Rising YMTC

Samsung Electronics and SK hynix are reportedly undertaking work to upgrade their Chinese plants to produce more advanced memory semiconductors.

  • Samsung and SK hynix upgrading Chinese NAND plants for 200+ layer memory semiconductors.
  • Upgrades aim to counter YMTC's growing influence and meet AI demand.
  • Samsung Xi'an plant targets 5,000 wafers/month for 286-layer V9 NAND chips.

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