US ITC Postpones Final Ruling on LG Chem-SK Ino Battery Case to Next Month 26

[Asia Economy Reporter Kiho Sung] The final decision date by the U.S. International Trade Commission (ITC) regarding the trade secret infringement controversy between LG Chem and SK Innovation over electric vehicle batteries has been postponed by three weeks.

According to industry sources on the 26th, the U.S. ITC announced on the 25th (local time) that the final ruling date for the 'secondary battery trade secret infringement' lawsuit between LG Chem and SK Innovation, originally scheduled for October 5, has been postponed to October 26.

The ITC did not explain the background or reason for the postponement on that day but stated that the final delay was decided after a vote by the commission.

In February, the ITC issued an 'early loss ruling' against SK Innovation in the trade secret infringement lawsuit between the two companies and was scheduled to make a final decision on the 5th of the following month.

The postponement of the final ruling is analyzed to be due to the impact of the novel coronavirus disease (COVID-19). Recent ITC rulings have tended to be delayed by up to a month due to COVID-19 and other factors.

However, some speculate that there may be variables affecting the ITC's early loss decision against SK Innovation.

This content was produced with the assistance of AI translation services.