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South Korea’s Samsung SDI Co. will build a second battery plant in Malaysia to boost production of cylinder-type cells used for electric vehicles and electronics devices.

The company will spend 1.7 trillion won ($1.3 billion) on the plant, which will produce so-called 21700 batteries, referring to a 21-millimeter-wide and 70-millimeter-long cell, to “respond to increasing demand for cylinder-type batteries,” it said in a statement Thursday. Mass production will start in 2024.