Samsung SDI CEO Jun Young-hyun was inaugurated as the sixth chairman of the Korea Battery Industry Association (KBIA), which marks the 10th anniversary of its foundation.
On March 10, Samsung SDI said that CEO Jeon was appointed as the new head of the association at the regular board of directors’ meeting held at the JW Marriott Hotel in Seoul. He will lead the association for three years until 2023.
"With the fourth industrial revolution and the introduction of artificial intelligence, the importance of the battery industry has increased further," said new Chairman Jun in his inaugural speech on the same day. "The association will play an active and preemptive role to help Korean companies secure a clear lead in global competition."
To that end, the new chairman expressed his willingness to preempt "greater growth" opportunities in the battery industry by pushing for three major strategies: "strengthening future growth engines," "improving the nature of the industry," and "expanding the base of development."
To strengthen the future growth engine of the battery industry, he proposed measures such as finding promising technologies to secure the government's R&D budget and establishing a system to foster core human resources.
In addition, Chairman Jun expressed his ambition to establish a healthy secondary battery ecosystem through localization of materials, securing technologies for next-generation batteries, and restoring the ESS industry.
The KBIA was launched in 2011 with the aim of securing the national competitiveness of the battery business. It has about 70 member companies related to batteries and materials.