Samsung Strengthens its Solar Business

Munich, Germany – June 10, 2011 – Samsung announced on a press conference at Intersolar Europe 2011 that it will transfer the solar business from Samsung Electronics to Samsung SDI in order to unify energy business and create synergies, and it plans to invest 5.5 billion US dollars in solar technology development and production by 2020. Samsung presented its vision of eco-friendly and energy solution company during the press conference. The expansion in the rechargeable battery and solar module