Samsung SDI chief targets earnings turnaround this year

Samsung SDI held a 56th anniversary ceremony at its Giheung headquarters, where President and Chief Executive Joo Sun Choi told employees the company had spent the past year building foundations for renewed growth. Choi said he expects an earnings turnaround to be achievable this year, as promised earlier in 2026.

Choi highlighted a series of wins during the past year: new energy storage system contracts, supply agreements with global premium EV makers, efforts to restore cylindrical battery competitiveness, and moves into advanced packaging semiconductor and high-definition display materials. He added that consistent execution would be essential for these achievements to translate into sustainable growth.

Choi also called on employees to embrace AI as a core driver of business change, urging the company to become an AI-native organisation to remain competitive in future markets. He described agentic AI as a development that changes how work is done and how business models are built.

In a statement, Joo Sun Choi, President and Chief Executive, Samsung SDI, said: “AI is already embedded in many aspects of our daily lives. To secure a leading position in future markets, Samsung SDI must fully transform itself into a true AI-native company. Agentic AI constitutes a paradigm shift that fundamentally changes the way work is done and how business models are built. By boldly riding this wave of change, we can once again become a company with top-tier technological capabilities.”

Source: Samsung SDI


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Originally posted on: https://www.automotiveworld.com/news/samsung-sdi-chief-targets-earnings-turnaround-this-year/