Business Samsung forms carbon jv

Business Samsung forms carbon jv

Samsung has formed a joint-venture with SGL Group, the French manufacturer of carbon materials. Samsung says it will use the material for consumer electronics.

Samsung has been criticised for its use of plastic in its smartphones which give them a cheaper feel than Apple’s aluminum cases.

Carbon fibre is tougher than plastic and is very light.

“Lightweight materials have become an important factor not only in industrial applications but also the consumer end markets such as digital media. This partnership will position Samsung as a leading player in the development and application of carbon fibre-based products,” says Yoosung Chung, CEO of Samsung Petrochemical – the unit of Samsung which owns 50% of the jv.

The jv gives Samsung exclusive access to a long-term supply of carbon materials.

[Image: Carbon fiber fabric production at Wackersdorf, site of a jv with BMW Group]

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