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Tagged: samsung, toyota, bosch, doing business in japan, lithium ion battery
Germany's Robert Bosch GmbH is the largest parts maker in the world. Samsung is, um, Samsung. Bosch has agreed to work together with South Korea's Samsung SDI Co to develop the next-generation batteries for hybrid cars. The arrangement is a 50-50 joint venture. The two giants will spend some $500 million over the next five years to improve on the lithium ion battery for hybrids, then try to sell … Continue Reading »