Samsung SDI CEO Choi Juseon: "This Year Marks the Start of a Performance Turnaround... Aiming for Quarterly Profitability in the Second Half"

56th Regular Shareholders' Meeting Held
Accelerated Growth in Battery Market Driven by AI Expansion
All-Solid-State Batteries Target Mass Production Next Year
Focusing on Robots and Electric Vehicles
Sodium Batteries to Be Applied First in UPS

Choi Ju-seon, President and CEO of Samsung SDI, is speaking at the 56th Annual General Meeting of Shareholders. 2026.3.16, Samsung SDI

On March 18, at the 56th regular shareholders' meeting held at the Elliena Hotel in Gangnam-gu, Seoul, Samsung SDI President and CEO Choi Juseon predicted, "With the expansion of front-end industries such as AI, the global battery market will see accelerated growth starting this year." He added, "We will make this year the starting point for a performance turnaround," and stated, "Our goal is to return to quarterly profitability within the second half of the year."

Choi went on to say, "We will focus not only on improving short-term performance but also on securing a foundation for mid- to long-term growth." He introduced key strategies by business segment, including preparations for lithium iron phosphate (LFP) and mid-nickel (Mid-Ni) products, the development of ultra-high-power and ultra-lightweight small batteries, and a focus on developing semiconductor packaging materials and OLED materials.

He emphasized, "Based on this differentiated technological capability, we will expand our customer portfolio and, in addition to electric vehicles and ESS, secure momentum for mid- to long-term growth by diversifying orders to include robots and other applications."

He explained, "For all-solid-state batteries, we are targeting mass production next year and are working to supply them for use in humanoids and electric vehicles. For sodium batteries, we are first considering applications for UPS (Uninterruptible Power Supply), and for lithium-metal batteries, we are proactively securing technological capabilities."

Additionally, Choi stated, "We will continuously identify and strengthen patents for core battery technologies such as prismatic and all-solid-state batteries, building an industry-leading patent portfolio," and announced plans to enhance patent management to maintain technological leadership.

He added, "What I have experienced firsthand since taking office is that the reality on the ground is a ruthless survival game," highlighting, "The ultimate conclusion for us to win this fierce battle is, in the end, 'technology.'"

Meanwhile, at the shareholders' meeting, all six agenda items were approved: ▲ Approval of financial statements ▲ Partial amendments to the Articles of Incorporation ▲ Appointment of directors (Outside Director Yoon Jongwon, Inside Director Oh Jaekyun) ▲ Appointment of outside directors as Audit Committee members (Lee Mikyung, Yoo Seungwon) ▲ Appointment of Audit Committee member (Yoon Jongwon) ▲ Approval of director remuneration limits.

Among these, the 'Partial Amendments to the Articles of Incorporation' involved revising certain provisions in advance to proactively reflect the intent of the recent amendments to the Commercial Act.

This content was produced with the assistance of AI translation services.