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Samsung SDI announces second quarter 2024 earnings results

The drive to launch LFP battery mass-production in 2026 is also going strong with the setup of a dedicated pilot line, with an aim to capture expanding demand in volume-segment and entry-level EV markets. As for 46-phi battery, the company secured a new customer for micro-mobility application, with mass-production planned to begin about a year earlier than scheduled, around early 2025.