Company Reports

Samsung SDI’s June-quarter revenue recovered from last quarter and operating income returned to profit after six quarters. Lithium-ion battery sales grew 19% year on year due to strong demand for energy storage systems, or ESS, and electric vehicle, or EV, battery demand remained lackluster in US.

Samsung SDI is one of the major companies in the Samsung Group, and one of the top global suppliers of lithium-ion rechargeable batteries. By leveraging its expertise in electronic materials, Samsung SDI has been supplying various materials and films for semiconductors, LCD and OLED panels, and rechargeable batteries to Samsung Electronics, which is the world’s largest consumer electronics and memory manufacturer.

Samsung SDI’s March-quarter revenue recovered on a year-on-year basis, and its operating loss narrowed. Sales of lithium-ion batteries recovered 13% year on year on a rebound in demand for energy storage systems and data centers, while electric vehicle battery demand remained lackluster.

Samsung SDI is one of the major companies in the Samsung Group, and one of the top global suppliers of lithium-ion rechargeable batteries. By leveraging its expertise in electronic materials, Samsung SDI has been supplying various materials and films for semiconductors, LCD and OLED panels, and rechargeable batteries to Samsung Electronics, which is the world’s largest consumer electronics and memory manufacturer.

Samsung SDI’s December-quarter revenue and core operating loss remained lukewarm. Lithium-ion battery sales rose 2% year on year due to automakers’ compensation for volume cuts, while demand for electric vehicle batteries in the US remained sluggish.

Samsung SDI is one of the major companies in the Samsung Group, and one of the top suppliers globally of lithium-ion rechargeable batteries. By leveraging its expertise in electronic materials, Samsung SDI has been supplying various materials and films for semiconductors, LCD and OLED panels, and rechargeable batteries to Samsung Electronics, which is the world’s largest consumer electronics and memory manufacturer.

Samsung SDI is one of the major companies in the Samsung Group, and one of the top suppliers globally of lithium-ion rechargeable batteries. By leveraging its expertise in electronic materials, Samsung SDI has been supplying various materials and films for semiconductors, LCD and OLED panels, and rechargeable batteries to Samsung Electronics, which is the world’s largest consumer electronics and memory manufacturer.

Samsung SDI’s September-quarter operating performance remains depressed, with ongoing losses. Sales of lithium-ion batteries declined 23% year on year due to sluggish US electric vehicle demand and weak battery pricing due to competition.

Samsung SDI’s June quarter revenue and operating loss missed our expectation. Sales of lithium-ion batteries declined 24% year over year due to sluggish electric vehicle demand in the US and Europe, and weak battery pricing due to competition and a drop in lithium prices.

Samsung SDI is one of the major companies in the Samsung Group, and one of the top suppliers globally of lithium-ion rechargeable batteries. By leveraging its expertise in electronic materials, Samsung SDI has been supplying various materials and films for semiconductors, LCD and OLED panels, and rechargeable batteries to Samsung Electronics, which is the world’s largest consumer electronics and memory manufacturer.

Samsung SDI is one of the major companies in the Samsung Group, and one of the top suppliers globally of lithium-ion rechargeable batteries. By leveraging its expertise in electronic materials, Samsung SDI has been supplying various materials and films for semiconductors, LCD and OLED panels, and rechargeable batteries to Samsung Electronics, which is the world’s largest consumer electronics and memory manufacturer.

Samsung SDI is one of the major companies in the Samsung Group, and one of the top suppliers globally of lithium-ion rechargeable batteries. By leveraging its expertise in electronic materials, Samsung SDI has been supplying various materials and films for semiconductors, LCD and OLED panels, and rechargeable batteries to Samsung Electronics, which is the world’s largest consumer electronics and memory manufacturer.

Samsung SDI’s March quarter sales of lithium-ion batteries declined 35% year over year due to sluggish electric vehicle demand in the European market and weak battery pricing due to competition and a drop in lithium prices.

Samsung SDI’s fourth-quarter 2024 sales of lithium-ion batteries declined 29% year over year due to weak electric vehicle demand in Europe and amid a prolonged drop in lithium prices.

Samsung SDI is one of the major companies in the Samsung Group, and one of the top suppliers globally of lithium-ion rechargeable batteries. By leveraging its expertise in electronic materials, Samsung SDI has been supplying various materials and films for semiconductors, LCD and OLED panels, and rechargeable batteries to Samsung Electronics, which is the world’s largest consumer electronics and memory manufacturer.

South Korean President Yoon Suk Yeol declared martial law following parliamentary disputes. The declaration was voted down by parliament.

Samsung SDI’s September-quarter revenue and operating profit missed our expectations. Sales of lithium-ion batteries declined 31% year over year in the quarter due to electric vehicle, or EV, demand slowdown in the European market amid a prolonged drop in lithium prices.

Samsung SDI is one of the major companies in the Samsung Group, and one of the top suppliers globally of lithium-ion rechargeable batteries. By leveraging its expertise in electronic materials, Samsung SDI has been supplying various materials and films for semiconductors, LCD and OLED panels, and rechargeable batteries to Samsung Electronics, which is the world’s largest consumer electronics and memory manufacturer.

No-moat Samsung SDI’s June-quarter revenue and operating profit missed our expectations. Sales of lithium-ion batteries fell 26.5% year on year in the quarter due to the global electric vehicle, or EV, demand slowdown and a drop in metal prices. We estimate that the operating margin for the EV battery division declined to the low single digits, as the lithium price drop hurt product pricing and profitability. We lowered our 2024-28 revenue estimates by 11%-15%, mainly due to a reduced outlook for EV battery demand. To factor in margin weakness, we cut our 2024-28 operating income forecasts by 9%-36%.

Samsung SDI is one of the major companies in the Samsung Group, and one of the top suppliers globally of lithium-ion rechargeable batteries. By leveraging its expertise in electronic materials, Samsung SDI has been supplying various materials and films for semiconductors, LCD and OLED panels, and rechargeable batteries to Samsung Electronics, which is the world’s largest consumer electronics and memory manufacturer.