9.09.2019

SK Innovation sues LG Chem and LG Electronics for patent infringement



SK Innovation sued LG Chem and LG Electronics to the US Federal District Court for infringement of its battery-related patents. This is a countermeasure taken after LG Chem sued SK Innovation for infringement of trade secrets, and the conflict between the two companies is intensifying. Since this could be a war between SK and LG Group, public interest in litigation is growing.

lgchem.com

 SK Innovation pushes hard
Since LG Chem sued SK Innovation on account of trade secrets, SK Innovation has been pushing against LG Chem. SK Innovation claimed that LG Chem and LG Electronics are unfairly getting benefits from infringement of their battery patents. The battery produced by LG Chem contains a lot of patents owned by SK Innovation, so if SK Innovation wins, the battery business would have a lot of problems.

skinnovation.com

 LG Chem expressed as 'Very sorry'
LG Chem said that they’re very sorry for the complaint. LG Chem's patents are about 14 times that of SK Innovation, and LG Chem is far ahead of its investment in R&D expenses, and SK Innovation is not aware of the nature of the matter. If SK Innovation is willing to discuss compensation and apologise, LG Chem will always respond to the discussion but if the current dispute continues, they will continue to confront strongly.

pixabay.com



 Disputes between domestic companies
While the two major Korean companies are in dispute, there are many opinions that the gains can be taken by the United States, China and Japan. Some have filed astronomical costs for law firms in the United States as the lawsuit filed in the United States, while it could lag behind Japanese and Chinese companies competing in the battery market. It is also important to argue about right or wrong, but I hope that this will not bring more loss than the profits.













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