SEOUL -- Three major South Korean battery makers suffered sharp declines in annual sales as global demand for electric vehicles declined, forcing them to reconsider plans to ramp up production.
Supply Chain
South Korean battery maker earnings battered by EV slump
SK On, LG Energy, Samsung SDI rethink spending plans after demand drop
LG Energy Solution reported declines in annual sales and operating profit for the first time since its 2020 spinoff from LG Group. (LG Energy Solution)
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