Samsung SDI's Profitability Could be Hit by Sluggish EV Demand -- Market Talk
Dow Jones
Aug 04
0351 GMT - Samsung SDI's profitability is expected to be pressured by a slowdown in electric-vehicle demand, Morningstar's Vincent Sun writes in a note. The analyst now expects the South Korean battery maker to post a 2025 operating loss of 398 billion won, compared with 181 billion won profit forecast previously. He cuts his 2026-2029 operating profit projections for the company by 3%-10%. He also lowers 2025-2029 revenue forecasts by 6%-8% due to sluggish demand for EV batteries. Despite the slower-than-expected EV sales growth, he says the company will likely continue to expand its production capacity in the U.S. to balance the tariff effects. (kwanwoo.jun@wsj.com)
(END) Dow Jones Newswires
August 03, 2025 23:51 ET (03:51 GMT)
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