Samsung SDI Co Ltd Q1 2022 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Hyun-Soo Kim - Hana Financial Investment Co., Ltd., Research Division - Analyst : [Interpreted] I would also like to ask two questions. Given the situation in Russia and the Ukraine, there has been an auto parts shortage. And many of the OEMs have actually had to shut down production as a consequence. So what kind of impact, if any, has that had on our business? And the auto chip shortage issue has actually continued from 2021. When do you think it may be likely to be resolved? And the second question has to do with the Gen.5 batteries. You started mass production in the second half of last year. So what is the current status in terms of sales trends for Gen.5? And then what about your next-generation Gen.6 products? If you could give me a status on current orders, also your best production plans, I would appreciate it.

Question: H. Kwon - JPMorgan Chase & Co, Research Division - Analyst : [Interpreted] Yes. The first question has to do with your plans to develop cobalt-free battery. Last year, I think you mentioned those plans to shift from the premium market more towards the volume market. So can you provide us with the progress update on that? And how do you think that technology compares relative to LFP battery chemistries? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. APRIL 28, 2022 / 12:00AM, 006400.KS - Q1 2022 Samsung SDI Co Ltd Earnings Call And then the next question is there has been some media report about you're starting to build up a pilot line for solid-state battery development. So if you could provide us with a progress update there and also compare yourselves versus other solid-state battery developers. What do you think would be your unique competitive advantage?