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U.S. Trade Panel Says SK Stole LG Trade Secrets for EV Batteries

U.S. Trade Panel Says SK Stole LG Trade Secrets for EV Batteries

SEOUL, March 5 (Korea Bizwire) — A U.S. trade panel has said SK Innovation Co. misappropriated trade secrets of its South Korean rival LG Energy Solution Ltd. for its development of electric vehicle (EV) batteries, in a decision that could jeopardize SK Innovation’s battery businesses in the United States. The U.S. International Trade Commission (ITC) [...]

ITC Backs LG Energy in Trade Secret Dispute, Issues 10-year Import Ban on SK

ITC Backs LG Energy in Trade Secret Dispute, Issues 10-year Import Ban on SK

WASHINGTON/SEOUL, Feb. 10 (Korea Bizwire) — A U.S. trade panel on Wednesday ruled in favor of South Korean battery maker LG Energy Solution Ltd. in a trade secret case and issued a 10-year import ban on some lithium-ion battery products by SK Innovation Co. The U.S. International Trade Commission (ITC) affirmed a preliminary ruling delivered [...]