Samsung SDI is advancing its investment in Central and Eastern Europe (CEE) by planning a third factory in Hungary, highlighting its commitment to growing its presence and seeking new business partnerships in the region. The battery manufacturer is not only concluding plans for this new facility but is also on track to complete its second Hungarian factory by September. This expansion is part of Samsung SDI's broader strategy to invest more than 6 trillion won in its facilities this year, with over 1 trillion won dedicated to the new factory.

In an effort to boost its manufacturing capabilities, Samsung SDI is nearing the completion of its second factory in Hungary, expected by September. During a recent visit to Samsung SDI’s Malaysian facilities, Lee Jae-yong, the executive chairman of Samsung Electronics and leader of the Samsung group, emphasized the importance of continuing to invest aggressively, even in the face of economic challenges and a downturn in the electric vehicle and battery markets.

This strategic expansion by Samsung SDI, especially in Hungary, is aimed at securing a strong supply chain for batteries between 2026 and 2032. These batteries will support the launch of Hyundai Motor's electric vehicles (EVs) in Europe. The batteries produced will feature advanced technology, including prismatic cells with a high-nickel cathode containing more than 91% nickel and an anode made of over 10% silicon or a silicon-carbon-nanocomposite.

Additionally, Samsung SDI is enhancing its workforce by recruiting workers from the Philippines for its Hungarian operations, reinforcing its commitment to global talent acquisition and the development of its European manufacturing base.