Samsung SDI is trading 4.08% up now at KRW 497500.00 after Shinyoung Securities said its Samsung Display stake sale makes funding for North American energy-storage-system expansion more concrete.
- The company plans to sell approximately KRW 4.45 trillion of Samsung Display shares.
- Proceeds will support investment in future growth engines.
- Shinyoung Securities maintained its Buy rating and KRW 700,000 target price.