[Featured Stock] SK Innovation Declines Following ITC Ruling Document Revealing "No Development Capability"
[Asia Economy Reporter Minji Lee] SK Innovation is showing a weak trend. Amid concerns about inflation and a weak stock market, the disclosure of the U.S. International Trade Commission (ITC)'s final opinion stating that "LG's trade secrets were clearly infringed" appears to have had an impact.
At 10:49 AM on the 5th, SK Innovation was trading at 252,000 won, down 4.555% from the previous trading day.
Hot Picks Today
"Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Even With a 90 Million Won Salary and Bonuses, It Doesn’t Feel Like Much"... A Latecomer Rookie Who Beat 70 to 1 Odds [Scientists Are Disappearing] ③
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
- "Am I Really in the Top 30%?" and "Worried About My Girlfriend in the Bottom 70%"... Buzz Over High Oil Price Relief Fund
- "It Has Now Crossed Borders": No Vaccine or Treatment as Bundibugyo Ebola Variant Spreads [Reading Science]
According to the ITC's final opinion, it was judged that it would take SK Innovation 10 years to independently develop the product without trade secret infringement. The ITC stated, "SK's evidence destruction was judged to be at a serious level," and "the destruction of evidence was carried out company-wide under the direction of senior executives and by organizational leaders."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
