Search result for SK Innovation
SK INNOVATION SEES NET LOSS OF $325.3 MILLION IN Q1 2021
Highlights –
- SK Innovation sees net loss of $325.3 million in Q1 2021.
- The company’s operating profit was recorded 502.6 billion won.
- The company’s sales fell 16.4 percent on-year to 9.2 trillion won.
- On the Seo...
SKIET RATHER MADE A DISAPPOINTING DEBUT IN STOCK MARKET
Highlights –
- SKEIT rather made a disappointing debut in stock market.
- SKIET stocks closed at 154,500 won, down 26.43 %from its opening price of 210,000 won.
- The company's market capitalization came at 11 trillion won after shares ...
SK INNOVATION’S SUBSIDIARY SKIET RECEIVED $73.1 BILLION AS IPO
Highlights –
- SK Innovation’s subsidiary SKIET received $73.1 billion as IPO.
- SKIET has set the IPO price at US$94.60 per share.
- SKIET supplies battery separators to major EV makers, including Tesla and Volkswagen.
- It ...
LG ENERGY & SK INNOVATION’S STOCKS GAINED AFTER EV BATTERY SETTLEMENT
Highlights –
- LG Energy & SK Innovation’s stocks gained after EV battery settlement.
- SK Innovation agreed to pay $1.78 billion to LG Energy under the settlement.
- LG Chem stocks gained 0.62 percent to 817,000 won on Monday tra...
S. KOREAN STOCKS ENDED UP OVER INCREASE IN VALUATION
Highlights –
- S. Korean stocks ended up over increase in valuation.
- KOSPI ended up 3.71 points or 0.12 points.
- KOSDAQ market ended at the highest in nearly 21 years.
- Samsung Electronics stocks lost 0.48 percent up 83,200 won...
SK TO SETTLE OVER EV BATTERY DISPUTE WITH LG BY PAYING $1.78 BILLION
Highlights –
- SK to settle over EV battery dispute with LG by paying $1.78 billion.
- The U.S. ITC sided with LG in a trade secret case and had issued a 10-year import ban on SK.
- The settlement now averts the import ban that was initiall...
S. KOREA’S 3 EV BATTERY MAKERS SAW GLOBAL MARKET SHARES FALL
Highlights –
- S. Korea’s 3 EV battery makers saw global market shares fall.
- LG Energy Solution Ltd. global market share slipped to 19.2 percent.
- SK Innovation Co. global market share fell to 5 percent.
- Samsung SDI Co.&...
SK INNOVATION ACCUSED OF STEALING TRADE SECRETS OF LG’S EV BATTERIES
Highlights –
- SK innovation accused of stealing trade secrets of LG’s EV batteries.
- The U.S ITC said that SK Innovation destroyed evidence on the same.
- The U.S commission had ruled in favor of LG Energy Solution in a trade secret...
SOUTH KOREA’S EXPORTS OF RECHARGEABLE BATTERIES INCREASE IN 2020
Highlights –
- South Korea’s exports of rechargeable batteries increase in 2020.
- In 2020, the overseas shipments of rechargeable batteries came to around $6.6 billion.
- Overseas shipments of rechargeable batteries are forecast to e...
USITC DEFERS RULING ON LG-SKI WRANGLE IN A CASE OF INDUSTRIAL ESPIONAGE
- As widely anticipated, the United States International Trade Commission (USITC) yet again prolonged a decision in an industrial espionage case.
- This case is in connection with the world's top battery manufacturer LG Energy Solution and rival SK Innovation (SKI).
KOREAN INDUSTRIES TIGHT-LIPPED TO OUTCOME OF US PRESIDENTIAL ELECTIONS
- As the world elatedly watches the razor-sharp US presidential election unfold to a lot of uncertainty ahead, Democrat candidate Joe Biden appears to have the upper hand, as of Thursday here.
- South Korean industries have remained pensive for either scenario, with prospects gyrat...
SK INNOVATION BATTERY OF HIGHEST QUALITY WITH IMPECCABLE SAFETY STANDARDS
- SK Innovation is concentrating on emphasizing safety of its electric vehicle (EV) batteries as global battery makers are coming to terms with safety issues after numerous EVs caught fire around the world.
- SK Innovation on Wednesday took part in the InterBattery 2020 exhibition ...
SK GROUP OVERRIDES STAID PERFORMERS BY THRIVING BATTERIES BUSINESS
- South Korea’s #2 position conglomerate SK Group had 125 companies as of May, more than any other conglomerate in the country.
- But under Chairman Chey Tae-won’s authority, the group finally seems to have concluded which are the branches to snip away at and which are ...
LG CHEM LTD., SAMSUNG SDI CO. AND SK INNOVATION CO. SHARES RECORD HIGH
Highlights –
- South Korea’s top three battery producers record-high shares in January
- Combined market shares of the three producers – 30.8%
- Electronic battery supplies in the global market
South Korea&rsq...
LG CHEM AND SK INNOVATION CO. TO HAVE OUT-OF-COURT SETTLEMENT
Highlights –
- SK Innovation Co. losses preliminary stage battle
- LG Chem and SK Innovation Co. hoping for out-of-court settlement
- SK Innovation fears of losing business in USA
LG Chem and SK Innovation Co. is ong...
LG Chem’s and SK Innovations Tug of War for the EV Lithium Ion Battery Technology:
Even as the International Trade Commission [ITC] is treading cautiously over a legal battle that will have far reaching effects on both the economy and the field of technology, it on December 23 confirmed that it has received written statements over the alleged malpractices of SK Innovations from...