[Infostock Daily= Reporter An Hoe Hyun] SK Securities analyzed TSI on the 21st that this year's performance will improve due to diversification of customer companies in anticipation of an increase in equipment orders due to increased investment by battery cell companies. However, the investment opinion and target stock price were not presented.
"TSI produces the equipment necessary for the mixing process, the first step in the electrode process that forms the secondary battery anode and cathode pole plate," the company explained, adding, "It produces all the powder supply, pre-mixing, main mixing, slurry storage and transportation equipment of the mixing process."
"The production capacity(CAPA) of LG Energy Solutions is expected to expand from 120GWh at the end of 2020 to 260Ghw by 2023, and Samsung SDI continues to invest in its new plant in Hungary," the company explained, adding, "SK Innovation plans to invest in Georgia Plant 2 in the U.S. and Yancheng Plant 2 in China."
"The overall investment plan for secondary batteries has been accelerating since Tesla Battery Day, and we expect facility investment by global cell manufacturers to increase this year," the company analyzed, adding, "We expect ACC-related orders to increase in the first half of this year, and earnings will rebound this year due to additional customer diversification."
Reporter An Hoe Hyun ahh@infostock.co.kr
