SEOUL, Sept. 27 (Korea Bizwire) — The U.S. International Trade Commission (ITC) has voiced support for LG Chem Ltd.’s call for sanctions on its rival SK Innovation Co. in connection with a legal dispute over battery patents, LG Chem said Sunday. In response to LG Chem’s request for the issuance of an order sanctioning SK [...]
SEOUL, Sept. 8 (Korea Bizwire) — Hyundai Motor Group and electric vehicle (EV) battery maker SK Innovation Co. said Tuesday they will cooperate in the EV battery business for win-win synergies. The battery partnership comes as Hyundai and SK Innovation seek to foster future mobility solutions and EV batteries as new growth drivers, respectively. The [...]
SEOUL, Sept. 7 (Korea Bizwire) — SK Innovation Co., a South Korean manufacturer of electric vehicle (EV) batteries, is considering building its third battery plant in Hungary to meet growing demand for EV batteries amid the global race for zero-emissions cars. “We have launched certain processes, such as looking for a candidate site” for the [...]
SEOUL, Sept. 4 (Korea Bizwire) — SK Innovation Co., a South Korean manufacturer of electric vehicle (EV) batteries, denied Friday that it destroyed documents related to an EV battery patent case in the latest tit-for-tat ahead of a crucial verdict in the United States. SK Innovation claimed it developed the 994 patent, while LG Chem [...]
SEOUL, Sept. 2 (Korea Bizwire) – LG Chem Ltd. has filed a motion with a U.S. trade panel, seeking the issuance of an order sanctioning its rival SK Innovation Co. ahead of a crucial verdict over their electric vehicle (EV) battery patent case. LG Chem claimed that SK Innovation destroyed “highly relevant evidence” after its [...]
SEOUL, Aug. 27 (Korea Bizwire) — A Seoul court on Thursday ruled in favor of LG Chem Ltd. against its rival SK Innovation Co. in an electric vehicle (EV) battery patent case. The Seoul Central District Court turned down a civil lawsuit as well as damage compensation filed by SK Innovation against LG Chem in [...]
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 [...]
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 [...]
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 [...]
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. [...]