Breaking News

Akasa Announces Fermi CM5 Fanless Case for Raspberry Pi Compute Module 5 LG Electronics Advances the LG Sound Suite Experience With New DTS DJI Delivers First Drone Dock with Automated, 25-Second Battery Swaps ASUS Announces ExpertBook A7 (AMD) Kioxia Introduces Direct Liquid Cooling Support for Enterprise SSDs

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed

Search form

LG Chem Sues SK Innovation Over Trade Secrets

LG Chem Sues SK Innovation Over Trade Secrets

Enterprise & IT Apr 30,2019 0

Electric vehicle (EV) battery maker LG Chem said it has sued SK Innovation in the United States for alleged theft of trade secrets.

LG Chem has filed complaints against SK Innovation with the US International Trade Commission and the District Court of Delaware, alleging its rival violated rules on trade secrets.

LG Chem said it has requested the commission to completely ban imports of SK Innovation’s cells, packs and samples of its secondary batteries while seeking compensation from its rival at the district court of Delaware, where SK Innovation’s US battery arm is located.

LG Chem has alleged that it found specific evidence proving key technologies of its electric car batteries were leaked to SK Innovation.

It said SK has poached 76 key employees of LG Chem since 2017 in the areas of research and development, production, quality management and sales. When the employees moved to SK Innovation, they downloaded a combined 1,900 documents of the firm’s key technologies, according to LG.

LG also alleged that when SK Innovation hires experienced employees, it requires applicants to state the name of their former company and provide details on former colleagues’ names as well as the technologies and projects they had been involved in. In the process, LG Chem’s confidential business information had been leaked, it said.

“We had requested SK Innovation to stop recruiting our key personnel who are highly likely to leak the company’s confidential sales and technology information several times, but it didn’t work,” said LG Chem.

SK Innovation said it would “clarify the issues raised by LG Chem through legal procedures,” calling the lawsuit “unnecessary” and saying that its business activities are reasonable.

LG Chem said it expects the ITC’s final ruling on the case in the second half of 2020.

Tags: LG ChemSK Innovation
Previous Post
Foxconn Focuses on Micro LED Technology For Future iPhones: report
Next Post
Samsung's Profit Misses Estimates

Related Posts

  • Investigators Blame Faulty batteries for ESS Fires in South Korea

  • Tesla Adds LG Chem, CATL to List of Battery Suppliers

  • EV Battery Makers Strike Deals With Automakers

  • LG Chem to Add Fire Prevention System to ESS

  • Tesla to Buy Batteries from LG Chem: report

  • CATL and LG Chem Sign EV Battery Deal With Volvo

  • LG Chem to Spend $1.07 billion on Battery Plant Expansion in China

  • SK Innovation to Showcase Flexible Film for Foldable Devices at CES 2019

Latest News

Akasa Announces Fermi CM5 Fanless Case for Raspberry Pi Compute Module 5
Cooling Systems

Akasa Announces Fermi CM5 Fanless Case for Raspberry Pi Compute Module 5

LG Electronics Advances the LG Sound Suite Experience With New DTS
Consumer Electronics

LG Electronics Advances the LG Sound Suite Experience With New DTS

DJI Delivers First Drone Dock with Automated, 25-Second Battery Swaps
Drones

DJI Delivers First Drone Dock with Automated, 25-Second Battery Swaps

ASUS Announces ExpertBook A7 (AMD)
Enterprise & IT

ASUS Announces ExpertBook A7 (AMD)

Kioxia Introduces Direct Liquid Cooling Support for Enterprise SSDs
Enterprise & IT

Kioxia Introduces Direct Liquid Cooling Support for Enterprise SSDs

Popular Reviews

Endorfy Thock V2 Wireless Keyboard

Endorfy Thock V2 Wireless Keyboard

The Quiet Technology Behind the Spin

The Quiet Technology Behind the Spin

SoundPeats Cove Pro

SoundPeats Cove Pro

Akaso Brave 8 Lite

Akaso Brave 8 Lite

SoundPeats C30

SoundPeats C30

Kioxia Exceria Plus G3 512GB microSD

Kioxia Exceria Plus G3 512GB microSD

be quiet! Dark Perk Mice

be quiet! Dark Perk Mice

XbotGo Chamaleon

XbotGo Chamaleon

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed