# Posco Chemical signs 40 trillion won cathode deal with Samsung SDI

Posco Chemical won a 40 trillion won ($32.6 billion) order for high-nickel NCA cathodes from Samsung SDI. The 10-year contract starts in 2023 and is the largest in Posco Chemical's history.

- Type: Contract
- Announced: 2023-01-30
- Where: South Korea
- Value: $32.6B (40000.0B KRW)
- Status: announced
- Products: high-nickel NCA cathodes
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Samsung SDI](https://endata.com/companies/16013.md) (customer)
- [POSCO Chemical](https://endata.com/companies/44695.md) (supplier)

## Sources

- [koreajoongangdaily.com](https://www.koreajoongangdaily.com/business/posco-chemical-gets-40trillionwon-cathodes-deal-from-samsung-sdi/10319788), 2023-01-30: "Posco Chemical won a 40-trillion-won ($32.6 billion) order for cathodes from Samsung SDI, the company said in a regulatory filing Monday."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.