TDK Corp has invested in StoreDot, a venture firm that is based in Israel and owns a technology to rapidly charge lithium-ion (Li-ion) batteries. TDK said it it will apply the technology to smartphones and related products (earphones and smartwatches).
In addition to the investment, TDK signed a joint development contract with StoreDot. The two companies will cooperate to launch the rapid charging technology in the market at an early date. StoreDot's "Flash Battery Technology" enables to charge a smartphone in about five minutes (charging rate: 12C).
StoreDot is good at synthesizing organic materials and accelerated the movement of Li ions on the interface between electrodes and between an electrode and electrolyte. TDK does not expect to apply the technology to automobiles.
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