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Last Year's Fourth Quarter Sees All Three Major South Korean Battery Giants Register Losses
2026-01-20 /
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Author：小编
Hampered by shifts in U.S. electric vehicle subsidy regulations and a downturn in electric vehicle market demand across Europe and the United States, the three leading South Korean power battery manufacturers—LG Energy Solution, Samsung SDI, and SK On—all reported operational losses in the fourth quarter of the previous year. Not even LG Energy Solution, the sole entity to have posted profits in the first three quarters, was immune to this trend. South Korean media outlets have remarked that this development underscores the worsening operational climate for South Korea's battery sector, with the market outlook for the current year riddled with uncertainties.
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