Samsung SDI reported Q3 operating profit nearly doubled QoQ to 407.8 billion won
(about $306m), its strongest quarter since 2023, and net profit beat
expectations. The company attributed the upside to higher ESS sales driven by
global AI data-center demand. It said it has secured more than 60 GWh of ESS
battery orders in the U.S. this year, will accelerate production-line
conversions to meet demand, and expects ESS market growth to continue into Q4.
On EVs, Samsung SDI sees rising demand in Europe while U.S. demand remains weak
for now.