— Expected yearly 40% development through graphite alternative … Protecting a future development engine for the Group
— Obtaining fundamental innovation for “game-changing” high-efficiency, fast-charging next-generation batteries
— Personally led by Vice Chairman Cho Hyun-Sang, stressing “worth maximization through innovation and intellectual properties”
— Enhancing South Korea’s international supply chain competitiveness through domestic financial investment and task development
SEOUL, South Korea, Nov. 12, 2025/ PRNewswire/– HS Hyosung Group has actually formally gotten in the silicon anode product organization, a core element of next-generation batteries.
This relocation lines up with Vice Chairman Cho Hyun-Sang’s “worth management” technique, which highlights taking full advantage of business worth through core innovations and intellectual properties.
On October 31, HS Hyosung revealed a financial investment of EUR120 million (around KRW 200 billion) to get The Bonus Mile (EMM), the battery anode products subsidiary of Belgium– based international products innovation leader Umicore, through the facility of a joint endeavor with Umicore. The deal is anticipated to close following traditional regulative approvals in the coming months.
Umicore is an international business with over a century of history and innovative products innovation, integrating metals recycling and processing knowledge with world-leading R&D and production abilities throughout essential sectors such as batteries, drivers, semiconductors, and aerospace.
- Silicon Anode Product: A Game-Changer for Next-Generation Batteries
Silicon anode product is commonly considered as a game-changer in next-generation battery innovation.
Applied to the battery’s anode, it provides energy densities approximately 10 times greater than standard graphite anodes and makes it possible for quick charging, substantially minimizing electrical car charging time.
These benefits straight improve charging performance, driving variety, and expense competitiveness, making silicon anodes a centerpiece for international car manufacturers and battery producers.
As other battery products approach their technological limitations, silicon anodes represent the field with the best capacity for future development.
The international battery market continues to broaden quickly. By 2024, electrical cars represented over 20% of brand-new automobile sales, a figure forecasted to reach 25% in 2025 and almost 40% (47 million systems yearly) by 2030.
Furthermore, brand-new applications such as robotics and drones, driven by the AI transformation, are more speeding up battery need.
These markets need high-capacity, high-energy-density, and fast-charging services– specifically the benefits silicon anodes supply.
According to QY Research study, the international silicon anode product market is forecasted to grow at a typical yearly rate of around 40%, from USD 500 million in 2024 to around USD 4.7 billion by 2031.
SNE Research study anticipates the marketplace might reach USD 7 billion by 2035.
Market specialists think this innovation might likewise make it possible for growth into great chemicals and specialized products fields such as semiconductors and cosmetics.
- Vice Chairman Cho Hyun-Sang: Driving Worth Production through Innovation and AI
Vice Chairman Cho Hyun-Sang is understood for his management approach fixated worth development through innovation, intellectual properties, and AI usage.
Just Recently, he has actually broadened his focus to business AI and physical AI, viewed as next-generation AI innovations.
He has actually likewise kept close cooperation and active exchanges with international business having innovative technological and copyright abilities.
It is reported that Vice Chairman Cho personally checked out Umicore numerous times.
To complete the arrangement at what he recognized as a crucial timing window, as the EV market starts to emerge from an extended stagnancy and restore momentum, he personally led numerous over night settlements in between the 2 business– regardless of his concurrent tasks as ABAC Chair throughout APEC preparations.
Through this effort, HS Hyosung Group has more reinforced its development portfolio, broadening into high-potential sectors such as carbon fiber (utilized in aerospace, future movement, defense, and energy), battery products, and AI/DX organization designs.
These additions match its current structure in tire cable and advanced movement products, placing the Group for sustainable long-lasting development.
- Financial Investment in Ulsan: Enhancing Domestic Market and Task Production
Following the acquisition, HS Hyosung prepares to invest KRW 1.5 trillion over the next 5 years to develop massive silicon anode production capability.
Ulsan, the birth place of Hyosung Group 60 years earlier, has actually been chosen as the very first financial investment website.
Although a lot of operations have actually given that transferred overseas– other than for aramid fiber and vehicle products– the brand-new financial investment is anticipated to reshore innovative production and produce high-value domestic tasks.
By purchasing core products for next-generation batteries, among South Korea’s tactical markets, HS Hyosung intends to improve the country’s international supply chain competitiveness throughout essential sectors such as semiconductors, shipbuilding, and defense.
SOURCE HS HYOSUNG