[Concall] Samsung SDI "Stable Overseas ESS Orders Secured This Year... Offset Domestic Decline"
[Asia Economy Reporter Suyeon Woo] Samsung SDI stated on the 27th during the Q1 conference call that "Domestic ESS sales this year are expected to shrink more than initially anticipated," adding, "Our company has already secured ESS orders focused on overseas markets in preparation for this, and stable performance improvement is expected."
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They continued, "The US ESS market will lead the global market by more than doubling compared to the previous year, and our sales will expand beyond market growth," adding, "With the recent increase in non-face-to-face industries due to COVID-19, demand for batteries for UPS in data centers is also expected to grow."
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