Apple Supplier Says It Has Made Tech Breakthrough That Could Improve Performance Of Watches, Earbuds
Portfolio Pulse from Benzinga Neuro
TDK Corporation has announced a breakthrough in solid-state battery technology, which could significantly enhance the performance of devices like wireless headphones and smartwatches. The new material offers an energy density of 1,000 watt-hours per liter. However, challenges remain for mass production, especially for larger batteries. TDK plans to start shipping samples next year and aims for mass production thereafter. This development is closely watched by major clients like Apple and Tesla.
June 17, 2024 | 6:24 am
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Honda, planning to commercialize solid-state batteries by the end of the decade, could be influenced by TDK's progress in this technology.
Honda's timeline for solid-state battery commercialization aligns with TDK's advancements. While this could influence Honda's strategy, the immediate impact remains neutral as both are still in the development phase.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
NEUTRAL IMPACT
Toyota, aiming to commercialize solid-state batteries by 2027, could face competition from TDK's advancements in the same technology.
While Toyota is also working on solid-state batteries, TDK's advancements could accelerate the competition in this space. However, the immediate impact on Toyota is neutral as both companies are still in the development phase.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Apple, a major client of TDK, could benefit from the new solid-state battery technology, which promises higher energy density and smaller device sizes.
Apple relies on TDK for battery supplies. The breakthrough in solid-state battery technology could lead to improved performance and smaller sizes for Apple devices, potentially boosting sales and market share.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Tesla, another major client of TDK, could benefit from the new solid-state battery technology, especially in terms of greater driving range for electric cars.
Tesla's electric vehicles could see significant improvements in driving range with the adoption of TDK's new solid-state batteries, which could enhance Tesla's competitive edge in the EV market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80