By Min-Jeong Lee

SEOUL--Samsung SDI Co. (006400.SE) said Wednesday it plans to take over its battery-making joint venture with Germany's Robert Bosch GmbH as it seeks to boost its competitiveness in the production of lithium-ion batteries for automobiles.

South Korea's Samsung SDI said in a regulatory filing it would pay Bosch $95 million for the 50% stake in the venture, SB LiMotive, that it doesn't already own.

But the net payment will be $57 million as Bosch plans to acquire SB LiMotive's U.S. and German subsidiaries for $38 million, the South Korean company said.

Write to Min-Jeong Lee at min-jeong.lee@dowjones.com

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