The ITC of the US International Trade Commission helped LG in the battery dispute between LG and SK in the US.
As the ITC decision has been made, the two sides are expected to engage in dialogue for an agreement.
Reporter Park Byung-han reports.
The ITC of the US International Trade Commission raised LG’s hand in a dispute between LG Energy Solutions and SK Innovation in infringing battery trade secrets.
In the case of infringement of trade secrets that LG filed against SK, ITC made a final decision to admit some of the claims from LG.
Accordingly, the supply and production of SK’s lithium-ion batteries in the U.S. is prohibited for 10 years, but due to the needs of the U.S. automaker, Ford is temporarily allowed to supply for 4 years and Volkswagen for 2 years.
Prior to this, LG applied for an investigation to ITC in April 2019, claiming that SK has removed its manpower and infringed trade secrets regarding rechargeable battery technology.
SK stressed that it was not an obvious decision to infringe trade secrets after being defeated by shock.
[임수길 / SK이노베이션 밸류크리에이션 센터장 : ITC 결정은 소송의 핵심인 영업비밀 침해를 명확히 규명하지 못했다고 생각합니다. 남은 기간 동안 고객의 가치를 보호하고 미국내 배터리 생산에 차질이 생기지 않도록 최선의 대응을 다해나갈 것입니다.]
LG urged SK to enter into negotiations with reasonable security.
[한웅재 / LG에너지솔루션 법무실장 : 경쟁사가 지금이라도 진정성 있는 자세로 합리적 제안을 해 온다면 언제든 그에 응할 수 있는 자세가 돼 있습니다.]
Although President Biden may veto the ITC decision within 60 days or SK may appeal to the federal court, it is unlikely that the two sides are expected to engage in a dialogue for an agreement sooner or later.
This is YTN Park Byung-han.
[저작권자(c) YTN & YTN plus 무단전재 및 재배포 금지]