LG Energy and SK Innovation End Patent Dispute
shot by IP News Shots / 7:00 pm on 13 April, 2021
A settlement has been announced between LG Energy Solution and SK Innovation Co. in a patent dispute relating to electric vehicle (EV) batteries. As part of the settlement, LG Energy will receive KRW2 trillion partly upfront and partly in royalties from SK Innovation. All litigations between the two relating to EV batteries will be ended mutually.
Read More at: http://www.businesskorea.co.kr/news/articleView.html?idxno=64541
Industry: Automobiles, Energy Equipment & Services | Type of IP: Litigations