[Concall] SK Inno "This Year's Facility Investment 9 Trillion Won... 7.5 Trillion Won for Battery"
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On the 6th, SK Innovation stated during its Q4 earnings conference call that "the planned capital expenditure (CapEx) for this year is expected to be around 9 trillion KRW based on current projects," adding, "Once these investments are made, the scale will significantly decrease starting from 2025."
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They continued, "New battery investments are planned at 7.5 trillion KRW, while other investments are expected to be similar to last year's scale of 1.5 trillion KRW," and explained, "The main strategic markets will focus investments on joint ventures (JVs) confirmed in North America, including the JV with Ford and the Hyundai Motor JV."
This content was produced with the assistance of AI translation services.
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