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Samsung SDI to Invest $1.97 Billion in Second US Battery Plant with Stellantis

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Around 1.97 billion dollars will be invested by Samsung SDI Co. for its second battery production plant, which will be located in the United States and will be developed in collaboration with Stellantis N.V.’s company, the South Korean tech company said in an announcement on Wednesday. Stellantis and Samsung SDI announced their intention to develop their first battery production plant in Kokomo, Indiana, in May 2022. This facility is planned to be initiated in the quarter-one phase of 2025, and 33 GWh will be produced per year with an initial target of 23 GWh.

This new plant claimed to help both firms meet their intriguing goal of offering at least 25 new battery-electric vehicles to the North American market by the end of the decade. After two months of their US partnership, the announcement emerged: StarPlus Energy revealed plans to establish a second battery facility in Indiana. It is important to note that there is already one battery facility under construction in the state, which is the first plant. The expenditure for the second facility corresponds to Samsung SDI’s 51 percent ownership in the proposed project.

As per the reports, the investment will be initiated from April 2024 to November 2027. An yearly output of 33 GWh was the aimed result for the first battery facility, an increase from the earlier target of 23 GWh. This corresponds to the operations slated to commence in the first quarter of 2025. As of now, the new plant’s site has not been determined, but the firm may notify it soon in an announcement. With an initial output capacity of 34 gigawatt hours (GWh) per year, the second battery factory will be operational in 2027.


Aastha is a Author of Samlover.com. With a degree in Engineering with IT, Aastha is deeply immersed in the realm of technology. Specializing in Android and Hardware. She is Passionate about technology at the service of digital entertainment that can be used through any platform. Music, movies and video games have always taken up a good part of his free time, but he doesn't give up outdoor activities, from simple walks to cycling and skiing. He has been producing editorial content for SamLover since 2022 and has run a computer and telephony store for 3 decades.

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Samsung Galaxy Z Fold 6 Live Image Surfaces Online

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For Samsung’s foldable enthusiasts, especially those who are eagerly waiting for the upcoming Galaxy Z Fold 6, here’s a small glimpse for you. 

Leaks and rumors always spoil the surprises regarding upcoming Galaxy devices that Samsung hides for its big events, such as Galaxy Unpacked. The same case has happened for the Galaxy Z Fold 6 unit since rumors unveiled a small glimpse of what looks like a real Galaxy Z Fold 6. A leaked image showcases the actual look of the device. 

However, in the image, only the top of the smartphone is visible, so there’s not enough to guess more here, but something is better than nothing, as this image confirms that the Galaxy Z Fold 6’s design will be flatter and also have sharper edges and corners as compared to the Galaxy Z Fold 5. It seems that the phone has a wider cover screen. That could just be a result of the angle at which the photo was taken, but there have been tons of indicators that Samsung is putting a certain extent of a of a larger cover display on the next Fold, and now the image appears to confirm that.

The Korean giant is also rumored to be working on a Galaxy Z Fold 6 Slim that will have a fair measurement of larger displays on the inside and outside while also having a thinner profile. This variant is expected to arrive by the end of this year. The Galaxy Z Fold 6 and Galaxy Z Flip 6 are on their way to make their debuts at the Galaxy Unpacked Event on July 10. 

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Galaxy S25 Ultra to Feature First 50MP Ultrawide Since Galaxy S10

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Samsung Galaxy enthusiasts, especially those who are photography-addicted too, get ready for the biggest camera upgrade ever on the upcoming Galaxy S25 Ultra

Before even any official statement release or launch, dozens of leaks and rumors are blowing in the market regarding Samsung’s next-generation Galaxy S25 series, which is supposed to arrive in early 2025. Now the new report is hinting at a major camera upgrade. 

If the new report is to be believed, the upcoming Galaxy S25 Ultra will feature a 50MP ultra-wide camera. Samsung launched its Galaxy S10 series back in 2019, and from then to the recently launched Galaxy S24 series, none of them features a 50MP ultrawide camera yet. Fortunately, if this report comes true, then the Galaxy S25 Ultra will be the first Galaxy device with a higher resolution ultrawide since the sensor was introduced. 

This is being speculated by a post on X shared by a tipster who claims that the Galaxy S25 Ultra will feature a 50MP ultrawide camera, and it will be the first Galaxy device with this high resolution since the sensor was introduced to the lineup initially with the Galaxy S10 series. The recently launched Galaxy S24 Ultra has a 12 MP ultrawide camera, and its predecessor, the Galaxy S23 Ultra, also has a 12 MP ultrawide camera.

Apart from this, it was also reported recently that the Galaxy S25 Ultra could feature 8K recording across all rear cameras.

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Samsung Galaxy Z Fold 6 Could Bring A New Camera Design

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The Korean firm ‘Samsung’ is about to launch its next-generation foldable smartphone – Galaxy Z Fold 6, which is expected to bring an updated camera design to enhance the look. 

We are not completely two months away from the Galaxy Unpacked event that is reportedly held on July 10 in Paris. Even before any official revelation regarding the specs, design, and features of Galaxy Z Fold 6,  tipsters already heated the market with leaks and rumors. Now the new report says that the Galaxy Z Fold 6 could bring a new camera design. 

A tipster on X shared an image that showcases the rear cameras of the Galaxy Z Fold 6, which is immediately apparent that this is different from any rear camera housing we have ever seen on the Galaxy Z Fold family before. This hints that this time Samsung could introduce a fresh design for the foldable’s rear camera this year. 

The image has a Samsung Galaxy AI watermark which points out that it might be made changes, however, it’s best to wait for more confirmation before trusting this particular design detail since the brand has yet to reveal any official details. 

Recently, the list of Galaxy devices, including, Galaxy Z Fold 6, Galaxy Z Flip 6, Galaxy Watch 7, Galaxy Watch 7 Ultra, and Galaxy Ring has already been leaked which arrived at the next Galaxy Unpacked event which is supposed to be held in July 2024.

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