Boeing Wins Fraud Lawsuit Over 737 MAX Filed by LOT Polish Airlines 
HP Q2 2026 Earnings Beat Expectations Despite Memory Chip Pressure 
CTOC Goes Live on Bitget Wallet Trading, Expanding Global Access to AI-Powered Healthcare Data Ecosystem 
UK Grocery Inflation Slows to 3.1% as Supermarket Price Pressures Ease in May 2026 
Mega IPOs Like SpaceX and OpenAI Could Reshape S&P 500 and Nasdaq 100 Portfolios in 2026 
Toshifumi Suzuki, Founder of Seven-Eleven Japan, Dies at 93 
Huawei Chip Breakthrough Sparks Rally in Chinese Semiconductor Stocks 
Gold Prices Edge Higher as Markets Monitor U.S.-Iran Peace Talks 
Australia Sues 3M for Over A$2 Billion Over PFAS Firefighting Foam Contamination 
Macquarie Names Five Taiwan AI Stocks Set to Benefit From Data Center Growth in 2026 
Morgan Stanley Names Top AI Security and Data Center Stocks for 2026 
PDG Explores $1 Billion Sale of China Data Center Assets 
Ferrari Luce: How Ferrari Evolved From Hybrid Supercars to Its First Fully Electric Vehicle 
EU Antitrust Probe Could Lead to Massive Google Fine Under DMA Rules 
Samsung Workers Approve Wage Deal, Avoiding Major Strike and Boosting Chip Supply Confidence 
U.S. Sanctions Iran’s Strait of Hormuz Authority as Global Oil Markets Face Turmoil 
Canada and Germany Advance Major LNG Supply Partnership 
Samsung Electronics and BMW have strengthened their partnership in the electric vehicle battery business. The chairman of the South Korean electronics firm, Lee Jae Yong, recently met up with the German luxury automaker’s chief executive officer, Oliver Zipse, to discuss their collaboration.
Lee and Zipse held a meeting at BMW’s driving center located in Yeongjongdo, Incheon, last week. This event took place as the Samsung leader has been working on boosting his company’s global network in the mobility industry. Six months ago, the two executives also met up at BMW's headquarters in Germany.
As per The Korea Times, Lee also had the opportunity to view the carmaker’s BMW i7 model, which is the EV edition of the brand’s flagship 7 Series sedan. The electric vehicle is the latest version that is equipped with Samsung SDI's high-performance P5 battery.
It was mentioned that aside from Lee and Zipse, the meeting was also attended by Samsung SDI’s chief, Choi Yoon Ho and BMW’s senior vice president, Jean-Philippe Parain. BMW Group Korea’s president Han Sang Yun was also in attendance.
"I am very pleased to be with BMW. Let us continue to strengthen cooperation between the two companies," Samsung chair, Lee Jae Yong, said during the meeting.
Zipse also commented, "Samsung is one of the most important partners in BMW's electrification, and to us, it is very meaningful that Samsung's management is present with the i7 that incorporates our latest technology."
Samsung and BMW have been collaborating on various projects for 13 years already. Their first partnership was signed in 2009 when they announced a joint EV development project and began working together on EV batteries.
"As a strategic partner of BMW, Samsung SDI is proud to be able to join the development of the new i7 luxury EV sedan," SDI’s chief stated. "We will work together to present new standards for EVs and batteries."
Meanwhile, The Korea Herald reported that before the business meeting was held, Lee and Zipse joined the handover ceremony of 10 new BMW i7s. These were distributed to company affiliate CEOs, and SDI’s Choi Yoon Ho will be using the first i7 unit. Samsung Electronics said that it has not yet decided on the officials who will become owners of the other nine sedans.
Photo by: Jonas Morgner/Unsplash
