TDK Corporation (OTC:TTDKY), a major supplier of batteries to Apple Inc. (NASDAQ:AAPL) and Tesla Inc. (NASDAQ:TSLA), has announced a significant breakthrough in solid-state battery technology.
What Happened: TDK, a leading supplier of smartphone batteries, has made a major breakthrough in the materials used in its small solid-state batteries. The company predicts a substantial increase in the performance of devices ranging from wireless headphones to smartwatches, the Financial Times reported on Monday.
"We believe that our newly developed material for solid-state batteries can make a significant contribution to the energy transformation of society. We will continue the development towards early commercialization," said TDK's CEO Noboru Saito.
The new material offers an energy density of 1,000 watt-hours per liter, a significant improvement over TDK’s current battery in mass production. The batteries, which are set to be made of an all-ceramic material, are expected to enable smaller device sizes and longer operating times.
Despite the promising breakthrough, TDK acknowledges that larger-sized batteries made from ceramic material ...