[시드니=뉴스핌] Correspondent Kwon Ji-eon = It is reported that SK Innovation has urged the Joe Biden administration to overturn the US International Trade Commission (ITC) ruling on the grounds of a disruption in the construction of a battery plant in Georgia. LG Chem also met with officials from the administration and urged them to maintain the results of the ruling, and the two sides are continuing a fierce confrontation.
On the 1st (local time), the Wall Street Journal (WSJ) obtained the presentation that SK Innovation delivered to the White House officials last week, and SK Innovation’s ITC decision made last month to destroy the plan to build a $2.6 billion plant in Georgia, scheduled for operation at the end of the year It was reported exclusively that it urged the ITC to overturn the ruling by emphasizing that it was created.
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| [서울=뉴스핌] Reporter Yoonae Lee = 2020.12.14 [email protected] |
Last month, ITC issued a final decision acknowledging LG’s allegations in the case of infringement of trade secrets filed by LG Energy Solutions against SK Innovation. I ordered ’10 years of ban’.
SK has invested $2.6 billion (about 3 trillion won) to build a factory in Jackson County, Georgia, which will create 2600 jobs and produce electric vehicle batteries for Ford and Volkswagen.
In a presentation last week to officials from the Biden administration, SK emphasized the disruption in the plant construction plan caused by the ruling, while expanding the plant project and creating 3,400 additional jobs by investing an additional $2.4 billion by 2025. It is known that even previously unknown plans to be made were disclosed.
WSJ reported that LG Chem also met with trade officials in the Biden administration last Friday and urged them to maintain the ruling, and the two sides are continuing a sharp confrontation.
A spokesman for the US Trade Representative declined to comment on the discussions with SK Innovation and LG Chem.
The media said that SK Innovation actively appealed to the Biden administration that the ITC’s ruling was based on false evidence, and that it emphasized SK Group’s US business-related investments, such as SK Hynix’s acquisition of the Intel NAND business last year.
WSJ said there were cases of the president’s involvement in past ITC rulings. In 2013, President Biden may have influence over the ruling, pointing out that the administration at the time of Barack Obama vetoed ITC’s order to ban Apple iPhone imports. It is noted.