[Korean Daily Post= Reporter sunny-hwang] ``I went too far too far. Under the Fair Trade Act, decision-making is the president's authority, which can be seen as a high-intensity warning to "get out of here," and there is much room to be negative for domestic companies that have entered the U.S. or want to enter the U.S. beyond the dispute between LG Chem and SK Innovation." (A business official)
LG Chem, which is in a long dispute with SK Innovation over battery trade secrets, submitted an article to the Wall Street Journal, a leading U.S. daily, on Dec. 10, which calls for President Donald Trump not to exercise his veto in the process of losing SK Innovation.
On the 27th of last month, Jang Seung-se, executive director of management strategy at LG Chem's battery business division, told the Wall Street Journal, "President Trump should not intervene in the Korean conflict."
The purpose of Jang's article, which is close to a good opportunity, is widely seen as a head-on challenge to Jenkins' position in the Wall Street Journal on the 14th of last month that "President Trump could overturn the ruling on SK Innovation.
"The fight between SK Innovation and LG Chem could be a wild card for President Trump, who needs to win Georgia in the presidential election," Jenkis said in an article. "The final decision on the ITC could affect Volkswagen's Tennessee plant, which has decided to receive SK Innovation's batteries."
Jenkins's claim is an emphasis on the fact that not only jobs in the U.S., but also economic revitalization, President Trump, who is absolutely victorious in the election, can exercise his "denial right" to the ITC's decision.
Above all, if SK Innovation finally decides to lose the dispute between LG Chem and SK Innovation, its plan to invest $2.6 billion in 2,000 jobs in the U.S., which SK Innovation has declared, could also fall through.
Meanwhile, LG Chem filed a lawsuit with the U.S. International Trade Commission (ITC) in April last year to violate the U.S. secrets. According to an analysis of SK Innovation's battery-equipped vehicles sold in the U.S.LG Chem claimed that the batteries violated a total of five cases, including three SRS® U.S. patents and two U.S. patents for anode materials, which are key materials for LG Chem's secondary batteries.
The ITC ruled against SK in February because SK Innovation destroyed evidence that took out LG Chem's battery technology, but the final ruling will continue to be delayed and the final ruling will be carried out on the 10day