The US International Trade Commission(ITC) again postponed the final ruling on a lawsuit between LG Energy Solutions(formerly LG Chem’s battery business unit) and SK Innovation for infringement of trade secrets on electric vehicle batteries until February 10 next year.
Korean Air recorded sales of 1.5508 trillion won and operating profit of 7.6 billion won in the third quarter of 2020, and continued operating profit surplus following the second quarter despite the difficulties caused by Corona 19.
According to the ‘Trends of Resident Foreign Currency Deposits in September,’ released by the Bank of Korea, resident foreign currency at foreign exchange banks amounted to $85.45 billion last month, a decrease of $3.89 billion from the end of the previous month.
Netmarble will launch its first console game, ‘Seven Knights -Time Wanderer-’, which utilizes ‘Seven Knights’ intellectual property rights(IP), globally on November 5.
Samsung Electronics announced its provisional results for the third quarter of 2020, with sales of 66 trillion won and operating profit of 12.3 trillion won on a consolidated basis.
Com2uS, mobile game company, announced that it had acquired 100% of the German game company, Out of the Park Developments(OOTP), and carried out the first M&A(Merger & Acquisition) for foreign company.