‘LG VS SK’ battery lawsuit “Everyone is a loser”… Find a middle ground for reconciliation and win-win

Input 2021-02-17 10:37 | Revision 2021-02-17 10:37


▲ ⓒProfessor Park Chul-wan, Seo Jeong University SNS capture

While the battery dispute between LG Energy Solution and SK Innovation does not easily subside, claims that the two companies should seek a’battery foundation and fund’ for reconciliation and win-win are attracting attention.

In an article posted on his SNS on the 15th, Professor Park Cheol-wan said, “LG Energy Solution that won the trade secret infringement lawsuit and SK Innovation that lost it will find Solomon’s wisdom to go to the’winning situation’ in search of a’middle zone’. It is necessary,” he suggested.

Professor Park insisted that LG Energy Solutions and SK Innovation create a’battery foundation and fund’ at the private level. To this end, the two companies agreed to stop paying each other, and the two companies jointly invested in the’battery foundation and fund’, but SK Innovation should bear the share of the investment.

“If SK Innovation and LG Energy Solution do this in 8:2 or 7:3 and the operating stake is’equal’, then LG Energy Solution will eventually resolve the reason for initiating this lawsuit.” “It’s time to find the middle ground.”

In addition, regarding the operation, ▲ there must be absolutely no involvement by the government, the battery association, and the union ▲ The’half of the board of directors’ recommended by both companies and the’replacement of the chairman of each company’ or the co-chairman system ▲ the beginning of this lawsuit It is an explanation that seeks reconciliation and coexistence by solving problems.

Prof. Park said, “You must train human resources, but pay’research funds and scholarships’ to underprivileged universities, not so-called first-class universities with abundant research funds, and to properly conduct activities for’protection of intellectual property rights’.” “We need to cooperate with the NIS, etc. to prevent this outflow.”

At the same time, Professor Park was concerned that if the conflict persists, the loser could eventually become the secondary field in Korea.

Prof. Park said, “LG Energy Solutions is advocating proactively to a’consensus’, and it is based on the ITC ruling, but even if SK Innovation intends to reach an agreement, there is no ITC ruling on the leakage of trade secrets, so the settlement fee itself is skipped “As the SK Inno announcement came out, the position to go to the end is common sense for corporations,” he said.

“While talking about K-batteries and Korean batteries as the best in the universe, China has already outpaced us like a submarine, and the positive electrode active material ternary precursor industry, which is said to be important, has become the main industry in China. If you look at us, there is nothing ahead and the battery industry in the US and Europe is awakening.”

In addition, he added, “The first was not always the best,” he added. “On the other hand, the first Sony Energy Tech was pushed down by Sanyo Electric, a latecomer, and on the other hand, it should be a teacher.”

Meanwhile, ITC ruled on the 10th (local time) that LG Energy Solutions banned SK Innovation from importing batteries in the United States for 10 years in a lawsuit for infringement of trade secrets filed against SK Innovation. SK Innovation’s battery cells, modules, packs, and related parts and materials that infringed LG Energy Solutions’ trade secrets violated Article 337 of the U.S. Customs Act and ordered ’10 years to ban imports from the U.S.’.

It also issued a 10-year order to stop infringing trade secrets, prohibiting production, distribution, and sale of infringing items that have already been imported. However, imports were permitted for Ford’s electric pickup truck F150 battery parts and materials for 4 years, Volkswagen MEB battery parts and materials for 2 years, and battery products for repair and replacement of batteries for Kia electric vehicles already sold.



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