Latest ESS business News & Updates

Seoul, Feb 2 (IANS) Samsung SDI said on Monday it remained in the red in the fourth quarter of 2025 due mainly to sluggish demand for electric vehicles in the United States, although the performance of its energy storage system (ESS) business limited the losses.Net profit came to 207.8 billion won ($142.4 million) for the October-December period, compared with a loss of 242.7 billion won posted in the same period of 2024, the company said in a regulatory filing, reports Yonhap news agency.The co…