( MENAFN - IANS) Seoul, Jan 24 (IANS) Samsung SDI, a South Korean battery maker, said on Friday it swung to a net loss in the fourth quarter from a year earlier due to a slowdown in electric vehicle ...

However, Samsung SDI lacks enough size to enjoy the benefits of scale. In terms of installed capacity, it ranked seventh among global EV battery players with 5% market share in 2023. In fact ...

In the three months ended on Dec. 31, Samsung SDI shifted to a net loss of 242.7 billion won (US$168.9 million) from a net profit of 493.3 billion won a year ago, the company said in a regulatory ...

expanding its EV business in the US. ESS battery revenue reached a record high due to increased sales backed by growing power demand for data centers. Samsung SDI Co Ltd (FRA:XSDG) received CO2 ...

Despite a challenging quarter, Samsung SDI Co Ltd (FRA:XSDG) focuses on strategic partnerships and innovation to drive future growth.

Samsung SDI, a South Korean battery manufacturer, reported on Jan. 24 that its fourth-quarter revenue for 2024 totaled 3.7545 ...

President Trump rescinded goals set by the Biden administration for the production of EVs. Here's what we know about its local impact.

Portions of the Amazon Web Services complex outside South Bend are nearing completion, and more are still to come.

LGES, the country's leading battery firm, is projected to have invested more than 1.1 trillion won in next-generation battery development last year, up 6 percent from about 1.04 trillion won the ...

New US policies prompt aggressive lobbying by biggest players; Hanwha outpaces Hyundai in spending for first time South ...