Samsung SDI continues to incur losses

30 April 2017, 00:04 | Technologies
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The Samsung SDI division, which manufactures batteries, reported this week its results in the first quarter of this year.

The company's turnover was $ 1.15 billion, while operating losses exceeded $ 60 million. A representative of Samsung SDI said that the company continues to incur losses due to additional investments in improving the safety of its products. Recall, new quality standards were adopted after the investigation of the situation with the ignition of batteries Samsung Galaxy Note7.

According to analysts of the company itself, the situation for it will improve in the second quarter, which will take into account new products shipped for the flagship line of Samsung Galaxy S8.




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