On July 9, Cho Cheol-hee, a researcher at Korea Investment & Securities, stated, "Based on a stable order backlog focused on profitability, mass production of next-generation EV secondary batteries will begin in 2021. Secondary battery sales will steadily increase, and especially, operating profit from EV secondary batteries is expected to turn clearly positive in 2021, solidifying its position as a stable and profitable secondary battery company. The recovery of the smartphone market in the second half is a bonus. As cylindrical EV battery sales begin to be recognized, small battery sales will stop declining compared to the previous year starting in the second half." He set the target price for Samsung SDI at 520,000 KRW.
Over the past five days, individual investors have net purchased 59,912 shares of Samsung SDI, while foreigners and institutions have net sold 26,167 shares and 42,442 shares, respectively.

※ This article was generated in real-time by an automated article creation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.
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