Samsung SDI's US unit signs $1.4 bln LFP battery deal for US customer

Samsung SDI

09/12/2025 23:25

SEOUL, Dec 10 (Reuters) - South Korea's Samsung SDI said on Wednesday that its unit Samsung SDI America has signed a deal to supply lithium iron phosphate (LFP) batteries to a U.S. energy infrastructure development and operations company.

The contract is valued at more than 2 trillion won ($1.36 billion), Samsung SDI said in a statement, adding that deliveries will run for three years starting in 2027.

($1 = 1,468.9400 won)

 (Reporting by Heekyong Yang
Editing by Ed Davies)

 ((Heekyong.Yang@thomsonreuters.com;))