Fino Secures 70 Billion Won Investment from Samsung SDI and Global Institutional Investor

Fino, a company specializing in secondary battery materials, announced on March 27, 2026, that it has secured a total investment of 70 billion won from Samsung SDI and an overseas institutional investor. Both Samsung SDI and a Singapore-based global institutional investor have simultaneously invested in Fino, becoming major shareholders of the company.

This strategic investment by Samsung SDI was made in recognition of Fino’s supply capabilities for key secondary battery materials and its strategic position within the supply chain. With this investment, Samsung SDI, one of Korea’s leading battery manufacturers, has secured a stable procurement base for secondary battery materials.

Fino is currently building domestic production facilities through its joint venture, CNP Advanced Materials Technology, with POSCO Future M, and is establishing dual production lines for nickel, cobalt, and manganese (NCM) as well as lithium iron phosphate (LFP). With the rapidly growing demand for power in the energy storage system (ESS) market and artificial intelligence (AI) data centers, demand for LFP is expected to increase.

Based on this investment, Fino will begin in earnest to complete a global vertical integration encompassing everything from raw material procurement to material production and supply. The company also plans to gradually expand to secure upstream resources globally, accelerating its advancement as a global renewable energy materials company.

A Fino representative stated, “Investments from Samsung SDI and global capital are a recognition of Fino’s strategic position in the secondary battery materials sector,” adding, “Based on the establishment of our domestic production lines, we will establish ourselves as a key materials company within the global battery value chain.”

This content was produced with the assistance of AI translation services.