South Korean manufacturer of Samsung SDI batteries is recovering after last year's scandal involving the recall of explosive batteries for flagship smartphones Samsung Galaxy Note 7. Because of the incident, the reputation of the vendor has suffered significantly, and for six months the company has suffered losses.

However, it seems that the "black bar" for the vendor has passed. Analyst Lee Won-sik of Hana Financial Investment believes that in the second quarter of 2017 Samsung SDI will return to profitability. In April-June, the company's operating profit should be 3 billion won (about 2.6 million dollars), and revenue is expected at 1.5 trillion won. In the third quarter, market experts expect an acceleration in growth rates for Samsung SDI, according to Pulse by Maeil Business News Korea.

Improving the financial performance of the battery business of Samsung contributed to the rise in the unit for the production of batteries for smartphones on the background of the successful release of the Galaxy S8. In addition, orders from the manufacturer of electric vehicles Tesla Motors gave impetus to the Samsung SDI business in the field of production of cylindrical lithium-ion batteries. Enterprises vendors in Korea, China and Malaysia, producing batteries for electric vehicles, are operating at full capacity to meet the needs of the American vendor.