Information
57 4sandan 6-gil, Jiksan-eup, Seobuk-gu, Cheonan, Chungcheongnam-do, South Korea
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Overview
- Summary
- Sangsin EDP Co., Ltd. is a company established in 1985, specializing in secondary battery CAN components for electric vehicles (xEV) and energy storage systems (ESS), holding a world-class position in the industry. The company possesses the capability to develop and produce core secondary battery components such as CAN, CID, and CAP ASS'Y, based on ultra-precision press technology. With established global production bases, it is a highly competitive supplier of secondary battery components in the global market. [cite: database, 9, 11]Sangsin EDP Co., Ltd. is a company established in 1985, specializing in secondary battery CAN components for electric vehicles (xEV) and energy storage systems (ESS), holding a world-class position in the industry. The company possesses the capability to develop and produce core secondary battery components such as CAN, CID, and CAP ASS'Y, based on ultra-precision press technology. With established global production bases, it is a highly competitive supplier of secondary battery components in the global market. [cite: database, 9, 11]
- Key Products/Technologies
- Secondary Battery CAN Components: A product line primarily producing medium-to-large CANs for electric vehicles (xEV) and energy storage systems (ESS), as well as small cylindrical and prismatic CANs for small IT devices and power tools.Secondary Battery CAN Components: A product line primarily producing medium-to-large CANs for electric vehicles (xEV) and energy storage systems (ESS), as well as small cylindrical and prismatic CANs for small IT devices and power tools.
- CID (Current Interrupt Device): A component designed to interrupt current and vent gas when internal pressure rises.CID (Current Interrupt Device): A component designed to interrupt current and vent gas when internal pressure rises.
- CAP ASS'Y: A component that serves as a terminal for electrical current, a crucial part of battery cells.CAP ASS'Y: A component that serves as a terminal for electrical current, a crucial part of battery cells.
- Ultra-precision Press and Mold Technology: Core technological capability encompassing the entire process from mold design to processing for secondary battery components, utilizing deep drawing technology for diverse component production.Ultra-precision Press and Mold Technology: Core technological capability encompassing the entire process from mold design to processing for secondary battery components, utilizing deep drawing technology for diverse component production.
- Trimming Technology: A patented mold technology for preventing rotational deviation in cylindrical cans, contributing to enhanced product precision.Trimming Technology: A patented mold technology for preventing rotational deviation in cylindrical cans, contributing to enhanced product precision.
- Safety Vent and Burst Pressure Setting Technology: Patented technology for ensuring the safety of cylindrical secondary battery cans, utilized in the production of EV cans.Safety Vent and Burst Pressure Setting Technology: Patented technology for ensuring the safety of cylindrical secondary battery cans, utilized in the production of EV cans.
- Next-generation 46-series Cylindrical Battery Can Response Technology: Capability in developing technology to proactively respond to the evolution of cylindrical batteries from the existing 18650 and 21700 series to the 46-series for mass production.Next-generation 46-series Cylindrical Battery Can Response Technology: Capability in developing technology to proactively respond to the evolution of cylindrical batteries from the existing 18650 and 21700 series to the 46-series for mass production.
- Core Advantages
- World-class Technology: Ultra-precision mold design and processing capabilities, along with deep drawing technology and mass production responsiveness, are considered world-class competitive advantages.World-class Technology: Ultra-precision mold design and processing capabilities, along with deep drawing technology and mass production responsiveness, are considered world-class competitive advantages.
- Dominant Market Share: Securing a leading position as a secondary battery can manufacturer with 70% market share in domestic prismatic cans and 90% in cylindrical cans.Dominant Market Share: Securing a leading position as a secondary battery can manufacturer with 70% market share in domestic prismatic cans and 90% in cylindrical cans.
- Global Production and Supply Chain: Establishment of production bases in Korea (Cheonan, Yangsan, Hwaseong), China (Tianjin, Xi'an), Malaysia (Seremban), Hungary, and the USA (Indiana, Kokomo), enabling rapid supply response near major client production sites. [cite: database, 9, 11, 18, 22, 32, 34, 36, 38, 39, 40]Global Production and Supply Chain: Establishment of production bases in Korea (Cheonan, Yangsan, Hwaseong), China (Tianjin, Xi'an), Malaysia (Seremban), Hungary, and the USA (Indiana, Kokomo), enabling rapid supply response near major client production sites. [cite: database, 9, 11, 18, 22, 32, 34, 36, 38, 39, 40]
- Proactive Market Trend Response: Proactively addressing key trends in the secondary battery industry, such as the expansion of the North American ESS market, the growth of LFP prismatic batteries, and the shift to 46-series cylindrical battery form factors, thereby securing growth engines.Proactive Market Trend Response: Proactively addressing key trends in the secondary battery industry, such as the expansion of the North American ESS market, the growth of LFP prismatic batteries, and the shift to 46-series cylindrical battery form factors, thereby securing growth engines.
- Client Diversification and Strong Partnerships: Diversifying its client portfolio through partnerships with global top-tier battery manufacturers like Panasonic, CATL, and Murata, in addition to its main client Samsung SDI.Client Diversification and Strong Partnerships: Diversifying its client portfolio through partnerships with global top-tier battery manufacturers like Panasonic, CATL, and Murata, in addition to its main client Samsung SDI.
- Shortest Lead Time for Development and Mass Production: Ability to shorten the lead time from mold design to product mass production to the industry's shortest level, allowing for quick response to market changes.Shortest Lead Time for Development and Mass Production: Ability to shorten the lead time from mold design to product mass production to the industry's shortest level, allowing for quick response to market changes.
- Target Industrie
- Electric Vehicles (xEV): Supplying PHEV/EV secondary battery CAN components and medium-to-large cans. [cite: database, 3, 5, 6, 7, 9, 10, 11, 15, 18, 19, 21, 22, 23, 33, 34, 37, 39, 40, 42]Electric Vehicles (xEV): Supplying PHEV/EV secondary battery CAN components and medium-to-large cans. [cite: database, 3, 5, 6, 7, 9, 10, 11, 15, 18, 19, 21, 22, 23, 33, 34, 37, 39, 40, 42]
- Energy Storage Systems (ESS): Supplying prismatic and cylindrical can components for ESS, responding to the integration of renewable energy and increased power demand from AI data centers. [cite: database, 3, 7, 9, 10, 11, 15, 18, 19, 21, 22, 23, 28, 33, 34, 35, 36, 37, 39, 40, 41, 42]Energy Storage Systems (ESS): Supplying prismatic and cylindrical can components for ESS, responding to the integration of renewable energy and increased power demand from AI data centers. [cite: database, 3, 7, 9, 10, 11, 15, 18, 19, 21, 22, 23, 28, 33, 34, 35, 36, 37, 39, 40, 41, 42]
- Small IT Devices: Supplying secondary battery components used in small electronic products such as smartphones, laptops, and tablets.Small IT Devices: Supplying secondary battery components used in small electronic products such as smartphones, laptops, and tablets.
- Power Tools: Supplying cylindrical CAN components for power tools requiring high output and safety.Power Tools: Supplying cylindrical CAN components for power tools requiring high output and safety.
- Electric Bicycles (E-bike): Supplying components for electric bicycles due to the expanding application of cylindrical secondary battery components.Electric Bicycles (E-bike): Supplying components for electric bicycles due to the expanding application of cylindrical secondary battery components.
- Cordless Vacuum Cleaners: Supplying components for cordless vacuum cleaners that utilize cylindrical secondary battery components.Cordless Vacuum Cleaners: Supplying components for cordless vacuum cleaners that utilize cylindrical secondary battery components.
- Humanoid Robots: Supplying cylindrical battery cans expected to be adopted as the primary power source for humanoid robots, requiring high output and safety.Humanoid Robots: Supplying cylindrical battery cans expected to be adopted as the primary power source for humanoid robots, requiring high output and safety.
- BBU (Backup Battery Unit): Supplying cylindrical CAN components applied in backup battery units.BBU (Backup Battery Unit): Supplying cylindrical CAN components applied in backup battery units.
- Major Markets
- China (Tianjin, Xi'an): Production and market penetration through its subsidiaries Daeshin Electronics and Sangsin Hitech. [cite: database, 9, 11, 18, 27, 30, 33, 34], Malaysia (Seremban): Expansion of cylindrical can production capacity and market penetration through its subsidiary Sangsin Enertech. [cite: database, 9, 11, 18, 27, 30, 33, 34]China (Tianjin, Xi'an): Production and market penetration through its subsidiaries Daeshin Electronics and Sangsin Hitech. [cite: database, 9, 11, 18, 27, 30, 33, 34], Malaysia (Seremban): Expansion of cylindrical can production capacity and market penetration through its subsidiary Sangsin Enertech. [cite: database, 9, 11, 18, 27, 30, 33, 34]
- Hungary: Production of medium-to-large cans through its subsidiary Sangsin Hungary, aligning with the establishment of European factories by major clients like Samsung SDI and CATL. [cite: database, 9, 11, 18, 22, 26, 27, 32, 34, 36, 38, 39, 40, 42]Hungary: Production of medium-to-large cans through its subsidiary Sangsin Hungary, aligning with the establishment of European factories by major clients like Samsung SDI and CATL. [cite: database, 9, 11, 18, 22, 26, 27, 32, 34, 36, 38, 39, 40, 42]
- USA (Indiana, Kokomo): Establishment of an Indiana subsidiary to produce prismatic cans for xEV and ESS, strengthening its presence in the North American market.USA (Indiana, Kokomo): Establishment of an Indiana subsidiary to produce prismatic cans for xEV and ESS, strengthening its presence in the North American market.
- Certifications/Patents
- Patent for Mold Technology for Preventing Rotational Deviation in Cylindrical Cans (Shimmy Trim): A technology patent acquired in 2018, beneficial for preventing rust in cylindrical cans and applicable to medium-to-large cans.Patent for Mold Technology for Preventing Rotational Deviation in Cylindrical Cans (Shimmy Trim): A technology patent acquired in 2018, beneficial for preventing rust in cylindrical cans and applicable to medium-to-large cans.
- Patent for Safety Vent and Burst Pressure Setting Method for Cylindrical Secondary Battery Cans: A patent acquired in 2013, crucial for utilizing cylindrical cans in electric vehicles.Patent for Safety Vent and Burst Pressure Setting Method for Cylindrical Secondary Battery Cans: A patent acquired in 2013, crucial for utilizing cylindrical cans in electric vehicles.
- Ultra-precision Mold Design and Processing Technology: Possession of proprietary technology for the entire process from mold design to processing of secondary battery components.Ultra-precision Mold Design and Processing Technology: Possession of proprietary technology for the entire process from mold design to processing of secondary battery components.
- Deep Drawing Technology: A core technology for forming flat metal sheets into seamless deep cup shapes, essential for secondary battery can production.Deep Drawing Technology: A core technology for forming flat metal sheets into seamless deep cup shapes, essential for secondary battery can production.
- Micro-process Technology with 12-15 Stages of Molds: High-level micro-process technology that secures strong technological capabilities and high entry barriers.Micro-process Technology with 12-15 Stages of Molds: High-level micro-process technology that secures strong technological capabilities and high entry barriers.
Introduction
Location
57 4sandan 6-gil, Jiksan-eup, Seobuk-gu, Cheonan, Chungcheongnam-do, South Korea
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