Dear Editor: In the Feb. 25 letter “A losing proposition,” the author writes that we should check the quality of a product before buying it. Ironically,
SKI board to strengthen global compliance infrastructure
Posted : 2021-03-11 15:21
By Kim Hyun-bin
SK Innovation (SKI) s board of directors has been taking steps recently to strengthen its global compliance system following the final verdict of the United States International Trade Commission (USITC) that ruled in favor of LG Energy Solutions (LGES) in a multi-billion-dollar intellectual property dispute between the two Korean companies.
SKI s board held a meeting of an audit committee consisting of all outside directors, Wednesday, to review the case in depth.
SKI executives briefed the outside directors regarding the USITC s final ruling. The board of directors, which holds the final decision-making power on major management decisions, held the meeting to prevent any recurrence of similar incidents.
Posted : 2021-03-07 14:37
Updated : 2021-03-07 18:35
This pictured image shows SKI s battery plant under construction in the U.S. state of Georgia, left, and LGES s battery plant in the U.S. state of Michigan. Courtesy of each company
By Kim Yoo-chul
A settlement between Daewoong Pharmaceutical and Medytox is emerging as a precedent for a possible settlement in a legal dispute between LG Energy Solution (LGES) and SK Innovation. The possibility of a settlement increased after a senior LGES executive confirmed plans to receive compensation from SKI with the United States International Trade Commission (USITC) reaffirming its ruling against SKI in an intellectual property dispute involving electric vehicle (EV) batteries.
US International Trade Commission reaffirms ruling in favor of LG over SK in battery feud koreatimes.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimes.co.kr Daily Mail and Mail on Sunday newspapers.