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SK Innovation Unit Makes Foray into the Market of Materials for Foldable Phones

SK Innovation Unit Makes Foray into the Market of Materials for Foldable Phones

SEOUL, July 21 (Korea Bizwire) — An affiliate of SK Innovation Co., South Korea’s major energy-chemical firm, has stepped into the market of materials for foldable phones. SK IE Technology Co. (SKIET) announced on Sunday that it will launch commercial production of flexible cover windows (FCW), a key material for flexible displays, at its plant [...]

SK Innovation to Invest Another US$940 mln in Georgia

SK Innovation to Invest Another US$940 mln in Georgia

SEOUL, June 29 (Korea Bizwire) — SK Innovation Co., South Korea’s leading refiner and chemical company, will invest another US$940 million in expanding its electric vehicle (EV) battery plant in the United States, a U.S. official has said. Georgia Gov. Brian P. Kemp said the new project is in addition to SK Innovation’s $1.67 billion [...]

SK Innovation Overtakes Samsung SDI in EV Battery Market Share

SK Innovation Overtakes Samsung SDI in EV Battery Market Share

SEOUL, June 16 (Korea Bizwire) — SK Innovation Co., South Korea’s leading refiner and chemical company, overtook domestic rival Samsung SDI Co. to become the fifth-largest supplier of electric vehicle (EV) batteries for the first time, data showed Tuesday. Based on the global usage of EV batteries, SK Innovation’s market share stood at 3.5 percent [...]

SK Innovation’s Two Affiliates Donate 4,000 COVID-19 Test Kits to Myanmar

SK Innovation’s Two Affiliates Donate 4,000 COVID-19 Test Kits to Myanmar

SEOUL, May 10 (Korea Bizwire) — SK Energy Co. and SK Trading International Co. have donated 4,000 Korean-made coronavirus test kits to Myanmar, the two firms’ parent company said Sunday. The test kits worth about US$50,000 arrived in Myanmar’s commercial capital of Yangon on Saturday, said SK Innovation Co., South Korea’s biggest refiner by sales. [...]

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 [...]

SK Innovation to Boost Investment in EV Batteries and Materials

SK Innovation to Boost Investment in EV Batteries and Materials

SEOUL, Jan. 29 (Korea Bizwire) — SK Innovation Co., South Korea’s leading refiner, will boost investment in its electric vehicle (EV) battery and materials business, a top executive has said. SK Innovation CEO and President Kim Jun made the comments in an interview with the company’s in-house news channel that was provided to employees Wednesday [...]