Strengthening the Strategic Partnership with Samsung Group
First written in FY2020-Q2. 4 of 7 entries say "Restated". Latest entry: FY2027-H1.
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- FY2027-H1RestatedAnnual report
「In the separator business, discussions currently under way with Samsung SDI and other customers, including major customer WCP, indicate an expected recovery in demand from the fourth quarter onward.」
Based on discussions with Samsung SDI and other customers, the view that demand is expected to recover from the fourth quarter onward remains unchanged. - FY2026SoftenedAnnual report
「In the separator business, discussions currently under way with Samsung SDI, a major customer of affiliated company WCP, indicate an expected recovery in demand from the fourth quarter of the fiscal year ending January 2027 onward.」
The expected recovery in demand from Samsung SDI was specified and pushed back from 2026 onward to the fourth quarter of the fiscal year ending January 2027 onward. - FY2026-H1RestatedAnnual report
「In the separator business, discussions currently under way with Samsung SDI, a major customer of the affiliated company W-SCOPE CHUNGJU PLANT CO., LTD., indicate an expected recovery in demand from 2026 onward.」
The view that demand is expected to recover from 2026 onward in discussions with Samsung SDI remains unchanged. - FY2023-Q2AdvancedAnnual report
「Our subsidiary W-SCOPE CHUNGJU PLANTCO., LTD. entered into an MOU with Samsung SDI on 31 July 2023 concerning product supply volumes for 5 years from 2023, in order to meet further growth in demand for lithium-ion batteries.」
An MOU was signed with Samsung SDI for the supply of approximately 4 billion m² over 5 years, primarily for EV applications, giving concrete form to stronger ties with the Samsung Group and expanded sales of automotive separators. - FY2020RestatedAnnual report
「In July 2020, W-SCOPE CHUNGJU PLANT CO., LTD. issued bonds with stock acquisition rights that are convertible into shares to an investment partnership, SVIC49 New Technology Business Investment Partnership, whose managing partner is the asset management company of the Samsung Group, a major customer of our group, raising KRW 20 billion.」
The company continued to position the KRW 20 billion raised from an investment partnership whose managing partner is the Samsung Group's asset management company as part of efforts to strengthen the strategic partnership. - FY2020-Q3RestatedAnnual report
「In July 2020, W-SCOPE CHUNGJU PLANT CO., LTD. issued bonds with stock acquisition rights that are convertible into shares to an investment partnership, SVIC49 New Technology Business Investment Partnership, whose managing partner is the asset management company of the Samsung Group, a major customer of our group, raising KRW 20 billion.」
The company continued to describe WCP's KRW 20 billion financing as part of efforts to strengthen the strategic partnership with the Samsung Group. - FY2020-Q2First statedAnnual report
「Samsung Venture Investment Corporation, the managing partner of the investment partnership that underwrote the bonds, is the Samsung Group's asset management company. This financing is being undertaken as part of efforts to strengthen the strategic partnership between our group and the Samsung Group, and we will continue to actively pursue expanded sales of separators for automotive batteries.」
WCP's KRW 20 billion convertible-bond financing was positioned as part of efforts to strengthen the strategic partnership with the Samsung Group, and the company stated for the first time its policy of pursuing expanded sales of separators for automotive batteries going forward.