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Rechargeable batteries are a growing business

Saturday, October 01, 2005 by: Mike Adams, the Health Ranger, NaturalNews Editor | Key concepts: Batteries, Rechargeable batteries and Samsung

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Summary

Major rechargeable battery makers Samsung SDI and LG Chem are poised to increase their presence in the mobile device market. SDI plans to unveil a slim rechargeable battery, while LG Chem is in talks with Apple.

Original source:
http://english.etnews.co.kr/news/detail_top.html?id=200509080001&art_grad=9

Details

  • Rechargeable battery manufacturers are eager to gain significant traction outside the existing mobile phone and notebook computer segment, as rechargeable batteries are increasingly adopted in a variety of mobile gadgets including portable music players and digital cameras.
  • The country's No. 1 digital camera maker Samsung Techwin now installs rechargeable batteries for all of its new products compared to some 50% last year.
  • The company plans to boost adoption to more than 90% of the entire product line, except old models and OEM models.
  • Demand from the company is estimated to be more than 3.5 million units this year, therefore.
  • Leading MP3 player maker Reigncom is also fast moving toward rechargeable batteries, which are now used for latest hit model 'N10'.
  • The company also launched 'U10' installed with rechargeable batteries earlier this year.
  • Samsung Electronics is using more rechargeable batteries for its portable music players, and the domestic market for rechargeable batteries for MP3 players is now expected to be at least 5 million units this year.
  • Seeing growing business opportunities, two major rechargeable battery makers Samsung SDI and LG Chem are keen to increase presence in the entire mobile device market.
  • Samsung SDI plans to unveil a slim rechargeable battery early next year.
  • LG Chem is concentrating more resources on rechargeable batteries used for portable music players.
  • The company is now in a deal with the world's largest MP3 player maker Apple to provide batteries for hit iPod music player.
  • It has also filed for certification for additional deals with Apple.
  • SKC, which unveiled a plan to spin off its rechargeable battery business unit, aims to jump into competition with a lithium polymer battery with enhanced functions, which it plans to launch in the fourth quarter of this year.

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