Finance

Samsung SDI Posts Smaller-Than-Expected Loss; Sending Gain

South Korean battery maker Samsung SDI Co. reported a smaller-than-expected first-quarter loss, helping its shares extend a blistering rally, as demand for energy storage systems and electric cars in Europe helped cushion the impact of dwindling EV support in the US.

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Bloomberg
April 28, 2026·1 min read
Samsung SDI Posts Smaller-Than-Expected Loss; Sending Gain

Image: Bloomberg

South Korean battery maker Samsung SDI Co. reported a smaller-than-expected first-quarter loss, helping its shares extend a blistering rally, as demand for energy storage systems and electric cars in Europe helped cushion the impact of dwindling EV support in the US.

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Samsung SDI Posts Smaller-Than-Expected Loss; Sending Gain

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