Latest news: Samsung SDI, a subsidiary of Samsung Electronics, has caught fire at its Qixing factory in Gongshidong, Gyeonggi do, South Korea.

According to relevant reports, after the fire broke out, the fire department immediately activated the emergency plan. After intense and orderly firefighting work, firefighters successfully controlled the fire and prevented its further spread. The fire did not cause any casualties, but some equipment and products inside the factory may have suffered varying degrees of damage.

Samsung SDI subsequently stated that it will fully cooperate with relevant departments to investigate the cause of the fire as soon as possible and take corresponding measures to prevent similar incidents from happening again.

According to data, Samsung SDI's main businesses include chemistry, electronic materials, and energy, and it is also one of the world's leading manufacturers of lithium-ion (Li ion) batteries. It is currently unclear how much damage this fire will cause to Samsung SDI.

It is worth mentioning that Yoonho Choi, CEO of Samsung SDI, stated on Wednesday local time that the company plans to expand its electric vehicle battery production capacity in North America by forming new joint ventures and building more factories. This battery manufacturer has signed a joint venture agreement with General Motors and Stellantis to establish factories in North America.

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