Divergence in development strategy may lead to disintegration of the Bosch Samsung joint venture

    According to foreign media, German component supplier Bosch is evaluating its joint venture with Samsung SDI, SB LiMotiv.

    According to the Financial Times Deutschland, Bosch and Samsung SDI have differences on the future development strategy of SB LiMotiv, which may lead to the dissolution of the joint venture company.

    The German Financial Times reported that the Bosch Group expects SB LiMotiv to focus on the research and development of batteries for electric vehicles, while Samsung SDI hopes that SB LiMotiv will be able to conduct research and development of consumer electronics components.

    A spokesman for the Bosch Group stated that regarding the future development strategy of SB LiMotiv, Bosch has conducted discussions with Samsung SDI for more than one year, but the two parties have yet to reach an outcome.

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