image text translation
China makes money, but Korea makes money.
deficit
battery
‘Super emergency’
Reporter Seong Sang-hoon
Entered 2024.12.08 17.39 Modified 2024.12.09 01.02 Paper
A12
The four major battery material industries are shaking
7 out of 8 companies in deficit: K Battery value chain crisis
Egoprovidac 3rd quarter deficit of 41.2 billion won
Da Tongbai recorded 48.7 billion won.
Impact of domestic subsidies on electricity costs
“Battery Supply Chain Wesson Man Industries Bongwa
“Government support such as tax subsidies is desperately needed.”
The entire Korean battery materials industry is shaking:
As the demand culture for electric vehicles (pre-popularization culture) continues to grow,
Egoprobian at the height of the deficit; POSCO Pumcheim, L
Major companies such as ANEF reduced investment and some businesses
Comparison of performance of major battery material companies between Huhu and Da (Dowi – KRW 100 million)
image text translation
Korean company
Chinese company
EcoProbeim
412
487
Tongbai
LTALF
724
cathode material
389
Hunan commitment
POSCO Yucheolim Anode Division)
-119
369
Beijang Spice
POSCO Products and Services Cathode Division)
-39
686
scattered
cathode material
684
BTR
SKIET
730
722
Changshin New Materials
separator
WCP
-194
26
senior
Engim
-54
electrolyte
461
Lens pepper ingredients
‘Based on operating loss in the third quarter of this year’
Data from each company
Korea because of China
Of the eight major battery companies, seven are in deficit.
industrial collapse
There’s even talk.
image text translation
Recently, Chinese batteries are not only price competitive, but also
It is also evaluated as being ahead of the curve in terms of technology. kbattery
Even after the temporary stagnation in demand has passed, it continues to surpass China.
There are growing concerns that if we fail to do so, it will be difficult to lead the market.
Experts say China’s battery technology is already overwhelming.
It is rated number 1 in the world. Australia’s national research institute
The Australian Agricultural Policy Institute (ASPI) announced in August
Analyzing the framework of ’20 years of core technology tracking indicators’, last year
China ranks first among 86 countries in battery technology research capacity
(76.1%) The frame is occupied. Among papers in the battery field around the world
Among the top 109 most cited papers, 76.19 are from China.
This means that researchers do not have papers in hand. Then the United States
(5.69o), Korea (3.9%); Germany (1.9%) and Australia (1.59)
There is no back knee.
Meanwhile, China has more capital and superior technology +
image text translation
CATL, the world’s largest electric vehicle battery company, said at 8 a.m.
‘896’ work system, working 6 days a week from o’clock to 9 p.m.
There is also recent news that the framework has been implemented: Nov 4, 2024
https:llcmasiaecokr
article
“Beyond 996, you’re 007”
Huhu Semiconductor tied to ‘52 hours a week’
Asian Economy
More labor input +
image text translation
Batteries in Korea and China in 2022
Scale of human resources produced by related departments
Unit: people
china
1.67 million
korea
70,000
Source: Korea Educational Development Institute, Chinese Ministry of Education
The company is sweeping the global battery industry and making a profit thanks to the combo of dozens of times the size of research staff working for just 200 a month + unlimited government subsidies.