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US ITC says SK Innovation didn t infringe on LG Energy Solution patents Toggle share menu
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US ITC says SK Innovation didn t infringe on LG Energy Solution patents The U.S. International Trade Commission (ITC) said on Wednesday South Korean battery company SK Innovation Co Ltd did not violate rival LG Energy Solution s battery-related patents.
FILE PHOTO: The logo of SK Innovation is seen in front of its headquarters in Seoul, South Korea, February 3, 2017. REUTERS/Kim Hong-Ji/File Photo
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SEOUL: The U.S. International Trade Commission (ITC) said on Wednesday South Korean battery company SK Innovation Co Ltd did not violate rival LG Energy Solution s battery-related patents.
USITC sides with SK in battery patent suit with LG
Posted : 2021-04-01 16:58
LG claims latest ruling is separate from trade secret case
By Kim Bo-eun
LG and SK groups corporate logos / Korea Times fileThe U.S. International Trade Commission (USITC) ruled in favor of SK Innovation (SKI), Wednesday (local time), in a battery patent lawsuit with LG Energy Solution (LGES).
In a preliminary decision in the patent suit filed by LGES, the commission stated that it could find no evidence that the nation s No. 2 battery maker, SKI, infringed on the stated patents. The pre-ruling comes as a deadline approaches for a decision by the White House on whether to veto a separate USITC ruling over SKI illegally obtaining LGES trade secrets that was made in February.
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SEOUL (Reuters) -The U.S. trade watchdog cleared South Korean battery company SK Innovation Co Ltd of violating rival LG Energy Solution’s patents in a preliminary ruling, sending SK shares surging 15% on Thursday.
FILE PHOTO: The logo of SK Innovation is seen in front of its headquarters in Seoul, South Korea, February 3, 2017. REUTERS/Kim Hong-Ji/File Photo
The initial determination by the U.S. International Trade Commission (ITC) marks the first time LG Energy Solution has received a negative determination from the trade panel for one of its several legal disputes with SK in the United States.
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