Samsung SDI profit declines in Q1 2024 despite higher EV battery business

Samsung SDI profit declines in Q1 2024 despite higher EV battery business

Samsung has a battery manufacturing division called Samsung SDI, which makes batteries for products ranging from smartphones to EVs. Earlier today, Samsung SDI announced its financial results for Q1 2024. The company’s sales have fallen despite higher EV business, but the company vows to become a “global top-tier company by 2030.” Samsung SDI profits fall … Read more