[Featured Stock] Samsung SDI Hits New Low... Falls to 280,000 KRW Level for the First Time in 4 Years Since Trump's Election

Return to the 280,000 KRW Stock Price After 4 Years
LG Energy Solution Also Falls Together
Domestic Battery 3 Companies Expected to Face Earnings Pressure

Samsung SDI recorded a 52-week low for the first time in three months. This appears to reflect concerns that the secondary battery and battery industry may shrink following Trump's election as President of the United States.

As of 9:44 a.m. on the 7th, Samsung SDI was trading at 287,500 won, down 11,000 won (3.69%) from the previous trading day. This broke the 52-week low of 294,500 won recorded on August 5. August 5 was the day known as "Black Monday," caused by the shock of the global market downturn. Also, the last time Samsung SDI's stock price was in the 280,000 won range was May 2020. LG Energy Solution (-2.94%), another leading battery stock along with Samsung SDI, is also falling together.

The inauguration of Trump's second U.S. administration is expected to cast a shadow over the domestic secondary battery industry. Trump's campaign pledges include "abolishing the electric vehicle mandate and reducing cumbersome regulations," signaling a major shift away from existing eco-friendly policies. There are also analyses suggesting that the Inflation Reduction Act (IRA), which has driven the performance of the three major domestic battery companies (LG Energy Solution, Samsung SDI, SK On), could be repealed or scaled back.

Among the three battery companies, Samsung SDI has recently shown the most aggressive investment stance. Its capital expenditure jumped significantly from 2.6288 trillion won in 2022 to 4.3447 trillion won last year. According to SNE Research, in the annual cumulative global electric vehicle battery usage rankings, Samsung SDI ranks 5th, the highest among domestic companies after LG Energy Solution (2nd). The top spot is held by China's CATL, and SK On ranks 6th.