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LG Chem Buys Turkish Plant in Poland for EV Output Expansion

LG Chem Buys Turkish Plant in Poland for EV Output Expansion

SEOUL, March 3 (Korea Bizwire) — LG Chem Ltd., South Korea’s largest chemicals company, said Tuesday it has acquired a Turkish television assembly factory in Poland for US$31.4 million to expand its plant for electric vehicle (EV) batteries. LG Chem signed the deal with Turkish electronics and appliance maker Vestel last month, a company official [...]

U.S. ITC Default Judgment Favors LG Chem over SK Innovation in EV Battery Case

U.S. ITC Default Judgment Favors LG Chem over SK Innovation in EV Battery Case

SEOUL, Feb. 16 (Korea Bizwire) — The U.S International Trade Commission (ITC) has made a preliminary ruling in favor of LG Chem Ltd. over its local rival SK Innovation Co. in their electric vehicle (EV) battery trade secret litigation, officials here said Sunday. “This preliminary ruling means that the ITC accepted LG Chem’s claims and [...]