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Samsung SDI posts heavy loss in 2025, pins recovery hopes on energy storage
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Samsung SDI posts heavy loss in 2025, pins recovery hopes on energy storage
Samsung SDI, one of South Korea's three major battery makers, posted a steep operating loss in 2025 as the global market for electric vehicle batteries slumped. The company reported an operating loss of more than KRW1.7 trillion (US$1.17 billion) for the year. However, it is betting that a shift in strategy-anchored by local production of lithium iron phosphate (LFP) batteries in the United States and an expansion of its energy storage systems b…
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