[Asia Economy Reporter Jang Hyowon] Mirae Company is showing strong performance. The news that Samsung SDI has established an all-solid-state battery production line has highlighted the fact that Samsung SDI is supporting the government project on all-solid-state batteries, which is ongoing until 2024.
As of 9:19 AM on the 31st, Mirae Company is trading at 22,250 KRW, up 5.46% compared to the previous day.
On the previous day, Son Michael, Vice President and Head of Strategic Marketing Team at Samsung SDI's Medium and Large Battery Business Division, stated at the earnings presentation that “The industry’s first pure all-solid-state battery production line is scheduled to be completed in the first half of the year,” and “Small sample cells will be produced and testing will begin in the second half of the year.”
All-solid-state batteries use solid electrolytes instead of liquid electrolytes inside secondary batteries. They are called the “dream battery” or “game changer” because they have less risk of explosion and can increase energy density. Samsung SDI aims to commercialize them by 2027.
Meanwhile, Mirae Company is conducting research and development on the all-solid-state battery government project until 2024. In 2021, it signed an agreement to receive support from the government and Samsung SDI for this project.
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