European and Chinese battery makers have signed a series of battery supply contracts with global carmakers, posing a threat to the Korean battery industry. In addition, Tesla, the world's No. 1 electric vehicle (EV) company is considering producing batteries on its own. It has thus far used batt
Samsung Electronics vice chairman Lee Jae-yong and Hyundai Motor Group Senior vice chairman Chung Eui-sun will have another meeting on July 21 to discuss cooperation in electric vehicle (EV) development and production.The two first met in May when Chung visited Samsung SDI's battery plant in Che
JOLED, an OLED manufacturer in Japan, filed a patent infringement lawsuit against Samsung Electronics, Samsung Display, and Samsung Electronics' U.S. subsidiary with the U.S. District Court for the Western District of Texas on June 22, the company announced in its website.A company jointly set u
Hyundai Motor Group senior vice chairman Chung Eui-sun and LG Group chairman Koo Kwang-mo met at LG Chem's Ochang plant in Cheongju, North Chungcheong Province, on June 22, and exchanged opinions on future electric vehicle (EV) batteries.The Ochang plant is a future production base for LG Chem,
SK Innovation has overtaken Samsung SDI in terms of electric vehicle (EV) battery market share for the first time.SK Innovation's market share in the global EV battery market reached 3.5 percent in April, market research company SNE Research said on June 16. The figure was higher than Samsung SD
The author is an analyst of NH Investment & Securities. He can be reached at j.ko@nhqv.com. -- Ed. Rechargeable battery demand should climb from 211GWh in 2020 to 1,390GWh by 2025. Demand for rechargeable batteries for xEVs (passenger vehicle basis) is forecasted to grow from 118GWh in 2020 to 1,012
Since the start of the era of eco-friendly cars, LG Chem ranked in the electric car battery market first for the first time by outclassing Japan's Panasonic and China's CATL for the first time. Samsung SDI and SK Innovation also came in fourth and seventh, respectively, so the three major Ko
U.S. healthcare company Fat Statz recently filed a patent suit against Samsung Electronics with the United States District Court for the Eastern District of Texas. Fat Statz made an issue of wearable devices, the Galaxy 20 series, the Galaxy Z Flip, and many other phones coming with the Samsung Heal
LG Chem and General Motors (GM) have put forward a plan to overtake Tesla, the world's No. 1 producer of electric vehicles (EVs), based on next-generation NCMA (nickel, cobalt, manganese and aluminum) batteries. The two sides plan to start mass production of the new batteries in 2022. They inten
The three South Korean battery makers' combined share of the global electric vehicle (EV) battery market has topped 30 percent for the first time.The total battery energy volume of EVs registered in the world in February arrived at 7.3 GWh, down 6.2 percent from a year earlier, SNE Research said
Market expectations are going up for LG Chem, Samsung SDI, and SK Innovation, the trio that represents the Korean electric vehicle (EV) battery industry. Global automakers such as Jaguar and Mercedes-Benz are forced to suspend their car production because of a shortage of battery supply from Korean
CATL and Panasonic, the two largest electric vehicle (EV) battery manufacturers in the world, are continuing to improve their business performances. On the other hand, South Korean EV battery manufacturers on the top 10 list, that is, LG Chem, Samsung SDI and SK Innovation, still remain in the red.N
The Korean government has recently made efforts to establish global standards for energy storage systems (ESS) and in-vehicle displays based on domestic technologies, but these efforts bore no fruit in the face of resistance from Japan.The Korean Agency for Technology and Standards (KATS) intended t
LG Electronics has launched an organic light emitting diode (OLED) TV with an 8K resolution in the Japanese market.LG Electronics recently launched the LG Signature OLED TV, an 88-inch 8K OLED TV, through a distributor in Japan. The TV is selling at Japanese department stores and major stores. Its p
Global non-practicing entities (NPEs) are found to have used neglected Korean patents in launching attacks on Korean companies such as Samsung Electronics and LG Electronics.Patent experts say that Korean companies need to upgrade their patent management and utilization systems to survive global int
Japanese companies are throwing down a challenge to LG Electronics in the market of large organic light emitting diode (OLED) TVs. As OLED TV supply is expected to expand significantly beginning 2020, LG Electronics is likely to compete fiercely with such Japanese companies as Sony and Panasonic in
As Chinese and U.S. TV makers are moving to enter the OLED TV market next year, LG Display is expected to benefit from it as the company is currently the sole producer of OLED panels.Vizio, a U.S. TV producer, and Xiaomi of China will adopt OLED panels next year. OLED panel demand is expected to soa
Global display makers have waged intense competition to lead the liquid crystal display (LCD) market in recent several years and now they are turning their eyes to the rapidly expanding organic light emitting diodes (OLED) market.Samsung Display and LG Electronics, which are strong in small and larg
The Chinese government’s subsidy reduction and the global economic recession halted the growth of the global electrical vehicle (EV) battery market in the second half this year. Yet LG Chem, Samsung SDI and SK Innovation managed to expand their market shares in August.SNE Research, an energy market
The fast-growing global electric vehicle (EV) battery market shifted into reverse temporarily in August. Despite the downturn, South Korea’s top three EV battery makers, LG Chem, Samsung SDI, and SK Innovation, continued to grow based on their technological prowess.SNE Research, a Korean market sear