The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Hyun-Soo Kim - Hana Financial Investment Co., Ltd., Research Division - Analyst
: [Interpreted] This is Kim Hyun-Soo from Hana Securities. First of all, I'd like to know more about LFP batteries. So as global OEMs engage in further
cost-saving initiatives, there is now growing interest toward LFP batteries. So it's not just China, but other set makers in other countries are also
starting up their own LFP development projects as well. So I'm wondering if Samsung SDI also has any plans regarding LFP, if you could take us
through the development status and also your mass production plans if any.
And the second question has to do with power tool batteries. So last year, the global residential property market actually was very weak, lessening
demand for power tool and power tool applications. So when do you think a recovery in the power tool end market is likely?
Question: H. Kwon - JPMorgan Chase & Co, Research Division - Analyst
: [Interpreted] Yes. This is Kwon Jay Hyun from JPMorgan. I have 2 questions. First of all, it seems that due to the sluggish IT downstream market,
both sales and earnings for your Electronics Materials business actually has fallen year-on-year. So what is your outlook for the second half of the
year, if you could provide that guidance? And do you expect a recovery sometime in the second half?
Second question is certain OEM companies actually have been starting up a bit of a price competition while marking down prices. There are broad
market expectations that mid- to low-end EV models will increase significantly going forward. So how do these OEM developments impact your
business -- your battery business? And what are your plans in response?
Question: Won Suk Chung - HI Investment & Securities Co., Ltd., Research Division - Analyst
: [Interpreted] Yes. This is Chung Won Suk from HI Investment Securities. I will also ask 2 questions. First, for cylindrical batteries, with the slowdown
in the real estate market overall, the demand for power tool cylindricals is weak. However, on the other hand, the demand is quite strong for EV or
m-mobility-type applications. And we have heard through the press that, apparently, GM is also planning a capacity expansion for its cylindrical
line as well. So in the mid- to longer term, what is your outlook for the EV, m-mobility end markets? What are your sales plans toward those
downstream markets as well?
And my second question has to do with Samsung Display's new OLED investment that they have announced. So this will likely push up demand
for OLED materials. So what kind of opportunity do you think this presents to your business? If you are developing certain new products, could
you introduce the current status of those developments, please?
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