Samsung SDI expects to return to profit in the second half of 2024, driven by surging US energy storage system demand and improved margins, while forecasting a 50% jump in ESS battery sales and continued investment in next-generation solid-state batteries.
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#YonhapInfomax #SamsungSDI #ESS #OperatingProfit #USMarket #SolidStateBatteries #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=103353

Samsung SDI Sees Strong US ESS Demand—Eyes Return to Profit in Second Half
Samsung SDI expects to return to profit in the second half of 2024, driven by surging US energy storage system demand and improved margins, while forecasting a 50% jump in ESS battery sales and continued investment in next-generation solid-state batteries.