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EV-battery maker SK Innovation’s shares surge after settlement with rival brightens U.S. prospects Heekyong Yang and Joyce Lee SEOUL Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file ... This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer Kim Hong-Ji/Reuters Shares in South Korean auto battery maker SK Innovation Co Ltd soared on Monday after it buried the hatchet with LG Energy Solution, freeing up both firms to expand in the United States, wher...

<div class="at-above-post addthis_tool" data-url="https://www.metro.us/shares-in-sk-innovation/"></div>SEOUL (Reuters) -Shares in South Korean auto battery maker SK Innovation Co Ltd soared on Monday after it buried the hatchet with LG Energy Solution, freeing up both firms to expand in the United States, where electric cars have become a Biden administration priority. SK Innovation agreed to pay its rival, an LG Chem Ltd […]<!-- AddThis Advanced Settings above via filter on get_the_excerpt --><!-- AddThis Advanced Settings below via filter on ge...

Korean battery makers rally after battery dispute settlement April 12, 2021 Shares of two Korean battery makers spiked Monday as they ended a two-year legal dispute over electric vehicle (EV) battery technology, which cleared uncertainty over their businesses. On Sunday, LG Chem-owned LG Energy Solution Ltd. and SK Innovation Co. reached a last-minute settlement in a bitter U.S. trade dispute, just one day before an import ban on SK was to take effect. SK Innovation agreed to pay 2 trillion won (US$1.78 billion) in compensation, half in cash and half in royalty, to its big...

Biden calls settlement 'win for American workers and the American auto industry' By Baek Byung-yeul LG Energy Solution (LGES) and SK Innovation (SKI) reached an eleventh-hour settlement over their protracted battery dispute, leaving U.S. President Joe Biden as the main beneficiary through his green economy drive, which aims to create more jobs by nurturing eco-friendly businesses, industry officials said Sunday. The two Korean EV battery makers said Sunday that they reached a settlement on the dispute over claims that SKI misappropriated LGES' trade secrets. The settlement came a day before t...

In many K-dramas, there’s always that perfect and loving second male lead that we tend to fawn over. Second lead syndrome is that dreaded feeling you get for the second lead of a K-drama who we all know will never be with the girl that he is in love with. He wears his heart on his sleeve, professes his love, and would do basically anything for her, but his affections are never reciprocated. Here’s a tribute to the 10 second male leads of 2020 who we will never forget. Note: List is in no particular order and dramas that aired in December 2020 are not included.