[Concall] Samsung SDI "Production Facilities Expanded Similar to Last Year... New Bases Also Under Review"
[Asia Economy Reporter Kim Heung-soon] Samsung SDI stated in its Q4 earnings conference call on the 28th, "Despite the economic downturn caused by the novel coronavirus disease (COVID-19), the electric vehicle market continued to grow," adding, "This year, market growth will accelerate as countries worldwide strengthen eco-friendly policies and major automobile manufacturers' electrification plans are put into full swing." The company also said, "We plan to expand production facilities this year at a scale similar to last year, in line with our customers' mass production plans," and added, "We will also carefully review new bases."
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