Search results for AMPC
Industry
U.S. tightens security lock on ESS; Korean battery makers with North American plants eye order rally
The U.S. government has designated battery energy storage systems as equipment tied to national security, raising expectations that Korean battery makers with U.S. production bases will win more North American ESS orders in the second half. LG Energy Solution expects new ESS orders of 70 GWh in the second half, while SK On has secured a deal to supply 9 GWh over five years. Samsung SDI is converting EV production lines to ESS.
Industry
Korean battery makers return to profit in Q2, but one-offs cloud the turnaround
LG Energy Solution, Samsung SDI and SK On returned to operating profit in the second quarter, but analysts say their core battery businesses remain weak once U.S. AMPC tax credits, one-off gains and restructuring effects are stripped out. The companies said they brought forward the timing of the turnaround, while momentum is shifting from electric vehicles to energy storage systems and data centre demand. They expect profitability excluding AMPC from the fourth quarter.
Industry
Samsung SDI returns to operating profit in Q2 with 203.8 billion won
Samsung SDI posted an operating profit of 203.8 billion won in the second quarter, returning to the black for the first time in seven quarters. Revenue rose to 3.77 trillion won. Net profit was 471.6 billion won, up sharply from the previous quarter and reversing a year-earlier loss. First-half revenue totalled 7.35 trillion won and operating profit was 48.2 billion won, turning positive from a loss a year earlier.
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Industry
Hanwha Solutions issues 300 billion won RCPS, securitises 340 billion won more AMPC
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Industry
Hanwha Solutions sells 200 billion won AMPC securitisation
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Industry
K battery makers see end of chasm tunnel, profitability within reach in Q2
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Industry
LG Energy Solution posts Q1 operating loss of 207.8 billion won, swings to deficit
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Industry
Korea\'s three battery makers set for first-quarter losses
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Industry
Samsung SDI bets on ESS focus to aim for quarterly profit turnaround
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Industry
LG Energy Solution to buy 49 percent stake in Canada JV Nextstar Energy
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Industry
Samsung SDI posts 299.2 billion won Q4 operating loss, halves deficit
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Industry
Global \'supply chain diet\' gains traction as firms target cost cuts, risk diversification
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Industry
SK On posts 4,414 billion won Q4 operating loss, widens 133 percent
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Industry
K battery makers sink deeper into losses this year, eye ESS and robots as exit