LG Energy Solution and SK Innovation agreed to settle the high-profile battery trade secret dispute at 2 trillion won ($1.8 billion), putting an end to a 713-day
The U.S. International Trade Commission (ITC) ruled in favor of SK Innovation in a patent dispute with LG Energy Solution, throwing a spanner in a tussle between the two Korean battery makers that had been going LG Energy's way.
The U.S. International Trade Commission (ITC) ruled in favor of SK Innovation in a patent lawsuit with LG Energy Solution.
SK Innovation could not have independently developed its lithium-ion batteries for electric vehicles (EVs) without misappropriated trade secrets from LG Energy Solution, the U.S. International Trade Commission (ITC) stated in its judgement Thursday.
SK Innovation sent a request to the White House to overturn a ruling that could prohibit the importation of the company’s battery products to the United States for 10 years.
The U.S. International Trade Commission (ITC) on Wednesday ruled in favor of LG Energy Solution against SK Innovation in a battery trade secret dispute, banning SK from importing batteries and components for 10 years.
The year-long battery brawl between LG Chem and SK Innovation is coming to an end in two weeks, but the two battery makers still seem to be a long way from making amends.
The Botox war between Medytox and Daewoong Pharmaceutical has taken an unexpected turn as the U.S. International Trade Commission (ITC) decided to partially review its initial determination in favor of Medytox.