SKInnovation
Earnings
SK Innovation eyes strong battery orders after returning to Q1 profit
May 13, 2021 (Gmt+09:00)
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Batteries
SK agrees to pay $1.8 billion to LG, settles battery legal dispute
LG Energy Solution Ltd. and SK Innovation Co. have reached an 11th-hour agreement to end their two-year legal dispute in the US over trade secret inf...
Apr 11, 2021 (Gmt+09:00)
4 Min readlanguage -
IPOs
SK IE Technology’s IPO plan to get boost from ITC ruling
SK IE Technology Co. (SKIET), set to make a trading debut on Korea’s main bourse in May, is expected to get a favorable review in assessing its...
Apr 02, 2021 (Gmt+09:00)
3 Min read -
Batteries
ITC rules in favor of SK Innovation over LG Energy in US battery patent suit
The International Trade Commission (ITC) has ruled in favor of SK Innovation Co. in a US battery patent suit filed by LG Energy Solution Ltd., which ...
Apr 01, 2021 (Gmt+09:00)
4 Min readlanguage -
Fund manager survey
Outlook for Korean battery shares evenly split amid weak performance
South Korea’s major battery makers, which have underperformed the broader stock market since the start of the year, remain opaque as fund manag...
Mar 29, 2021 (Gmt+09:00)
1 Min read -
Batteries
SK reiterates rejection of LG’s hefty demand for battery dispute settlement
SK Innovation Co. again refused to accept LG Energy Solution Ltd.’s demand that SK pay a hefty amount of compensation for its involvement in a ...
Mar 26, 2021 (Gmt+09:00)
2 Min read -
Batteries
Market jitters grow over Korean battery shares after VW’s decision
Market jitters over South Korea’s battery makers are growing after Volkswagen AG’s announcement on Monday that it will make batteries in-...
Mar 18, 2021 (Gmt+09:00)
3 Min readlanguage -
Batteries
Korean battery shares tumble as VW gears up for in-house production
Shares of South Koreas’ major battery makers tumbled on Tuesday after Volkswagen AG announced it will gradually switch the type of batteries us...
Mar 16, 2021 (Gmt+09:00)
4 Min readlanguage -
Energy
SK Innovation divests of stakes in US shale oil fields
SK Innovation Co. has sold its entire ownership in its US shale oil fields and their relevant facilities, in line with its parent group's efforts to ...
Mar 08, 2021 (Gmt+09:00)
2 Min read -
Energy
Crude oil price rebound yet to spill over to Korean refiners
Crude oil prices have rebounded by more than 20% since the start of the year, but their recovering prices have not yet translated into margin improve...
Feb 19, 2021 (Gmt+09:00)
3 Min readlanguage -
Batteries
SK under increasing pressure for costly settlement with LG
SK Innovation Co. may brace for a billion-dollar settlement with LG Energy Solution Co., after it lost a lengthy legal battle with its hometown rival...
Feb 14, 2021 (Gmt+09:00)
4 Min readlanguage -
Batteries
SK Innovation’s Q4 EV battery business revenue hits record high
South Korea’s SK Innovation Co. on Friday posted record sales revenue in its electric-vehicle battery business in the fourth quarter of 2020 as...
Jan 29, 2021 (Gmt+09:00)
3 Min read -
Batteries
SK Innovation to build 3rd EV battery plant in Hungary for $2.3 bn
SK Innovation Co. will build its third electric-vehicle battery plant in Hungary for $2.29 billion, aiming to grab a greater share of the fast-growin...
Jan 29, 2021 (Gmt+09:00)
4 Min read -
Batteries
SK Innovation buys 13% stake in China’s EV battery-swap station operator
SK Innovation Co. has signed a deal to acquire a 13% stake in a Chinese electric vehicle battery-swap station operator, as the South Korean company s...
Jan 21, 2021 (Gmt+09:00)
1 Min readlanguage -
Batteries
SK's US battery arm sells $1 bn green bonds at lower rates
The $1 billion green bond sale by SK Battery America Inc., a US unit of South Korea’s SK Innovation Co., was nine times oversubscribed at $9 bi...
Jan 20, 2021 (Gmt+09:00)
2 Min read -
Batteries
Korea’s EV battery trio among world’s top 5; seen gaining further ground
South Korea’s three major electric vehicle battery makers have grown significantly over the past year, securing spots on the world’s top ...
Jan 04, 2021 (Gmt+09:00)
2 Min read -
Mergers & Acquisitions
Global oil refiners, local PEs among 7 bidders for SK Lubricants stake
Global oil refiners, strategic investors and private equity funds in Korea and abroad have submitted non-binding bids for up to 49% of SK Lubricants ...
Nov 30, 2020 (Gmt+09:00)
2 Min read -
Batteries
SK Innovation opens 2nd China battery plant, eyes world’s top 3 spot
SK Innovation Co. has begun operating its second electric vehicle battery plant in China as the South Korean company expands its presence in the worl...
Nov 25, 2020 (Gmt+09:00)
3 Min read -
Batteries
Korea’s EV battery stocks surge on Europe sales, US vote
Shares of South Korea’s three leading electric vehicle battery makers surged Tuesday, on strong electric car sales in Europe and expectations th...
Nov 03, 2020 (Gmt+09:00)
3 Min read
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