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SAMSUNG GALAXY S5 TO BE CARBON FIBER?
SGL Group, also known as ‘The Carbon Company’, and Samsung have joined together in a strategic partnership, aiming to bring the use of carbon fiber into new industrial and electronic applications. Each company will own an equal 50/50 part of the deal, and will operate under the name “Samsung SGL Carbon Composite Materials”. Say that five times fast. The primary focus of the venture is to use carbon fiber in developing new industrial and electronic applications, for both Samsung and the Korean market. I know this may come as a surprise because it sure was to me, but Samsung is way more than just electronics. They actually have 33 different affiliates, including electronics, chemical, financial services and more. So the Samsung that is actually involved in this deal is called Samsung Petrochemical. The President & CEO of Samsung Petrochemical, Yoosung Chung, had this to say about the joint venture: “Our long-term cooperation with SGL Group will ensure the exclusive supply of carbon fiber composite materials to Samsung. We selected SGL Group as partner due to the company’s unique expertise along the entire value chain from carbon fibers to CFRP components. 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 fiber-based products.”
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