Samsung SDI Swings to Q1 Loss on EV Market Slowdown

SEOUL, April 25 (Korea Bizwire) — Samsung SDI Co., South Korea’s second-biggest battery maker, said Friday it swung to a net loss in the first quarter from a year earlier due to a prolonged slump in the electric vehicle (EV) market. In the three months ended March, the company posted a net loss of 216 [...]