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Samsung Forms Carbon Fiber Joint Venture with SGL

Jun 24, 2013, 7:09 AM by Eric M. Zeman

Samsung and SGL Group have combined forces to create a new joint venture that focuses on carbon fiber composite materials. The joint venture, which is 50% owned by each company, will be called Samsung SGL Carbon Composite Materials. The goal of the joint venture is to provide Samsung with a steady supply of carbon fiber that Samsung can use in its various products, including consumer electronics. The companies expect the transaction to be completed by the middle of July, pending regulatory approval, and it will commence operation immediately thereafter. Samsung did not specify exactly which product lines will begin to use carbon fiber, but some of Samsung's competitors, such as Motorola, have used carbon fiber in their smartphone designs for years.

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Comments

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This forum is closed.

Downscripting

Jun 24, 2013, 7:19 AM

So for short,

We will call them SSGLCCM. 🤣

Riot_Act

So funny 🤣
Definitely, you always have the coolest stories

Slammer

Jun 24, 2013, 2:12 PM

Hmmm.

I guess I just don't get it. The industry seems to be propping the consumer base up for all these different materials away from "Plastic" and I really don't see the big deal. Plastic has been used on phones for almost three decades without any complaints. How many years have we had plastic laptops and notebooks without complaint? Very few ever hold onto their phones for more than two years anyway and roughly 88% of people end up throwing a designer cover on the phone.

Choice is absolute in a consumer market, but the direction of migrating "everyone" to new materials and claiming they can't without eliminating certain ingredients like removeable batteries, seems peculiar and suspicious. As I stated above, I'm not for adding extra dollars...
(continues)

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