·CEO Choi Joo-sun pointed to several big recent moves, including a series of new ESS projects and deals with global premium EV makers.
·Samsung SDI expects an earnings turnaround this year, driven by robust orders for energy storage systems (ESS) and premium EV batteries.
·“Over the past year, we have steadily strengthened the fundamentals of our business with a mindset of ‘pessimistic optimism,’ laying the groundwork for a renewed leap forward,” said Samsung SDI CEO Choi Joo-sun during an event celebrating its 56th anniversary at the company's headquarters in Giheung, Gyeonggi.
·"As promised earlier this year, we expect an earnings turnaround to be achievable this year," he said, pointing out recent big moves, including a series of new ESS projects and deals with global premium EV makers, as well as a growing presence in high‑value growth areas such as advanced packaging semiconductor materials and high‑definition display materials.
·Hit by an EV sales slump, Samsung SDI has reported losses for six consecutive quarters, with last year's operating losses surpassing 1.7 trillion won ($1.1 billion).
