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lithium-investing

Samsung SDI Sees Strong Lithium-Ion Battery Market

Investing News Network
Apr. 21, 2011 12:30AM PST
Battery Metals Investing

Reuters reports that Samsung SDI Co Ltd (SEO:006400) forecasts that the global lithium-ion battery market is mostly likely to triple by 2015.

Reuters reports that Samsung SDI Co Ltd (SEO:006400) forecasts that the global lithium-ion battery market is mostly likely to triple by 2015.

The market news is quoted as saying:

Samsung SDI, which counts Apple Inc and Samsung Electronics Co among its major battery clients, predicted the global lithium-ion battery market would swell to $32 billion in 2015 from $11 billion last year.

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