SK Innovation's CFO Seo Geon-ki joins SKIET board as battery separator maker faces mounting losses exceeding 500 billion won over two years, with credit agencies maintaining negative outlook amid EV demand slump and subsidy cuts
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https://en.infomaxai.com/news/articleView.html?idxno=108408
SK Innovation CFO Joins SKIET Board - Can Financial Prescription Revive Struggling Separator Maker?

SK Innovation's CFO Seo Geon-ki joins SKIET board as battery separator maker faces mounting losses exceeding 500 billion won over two years, with credit agencies maintaining negative outlook amid EV demand slump and subsidy cuts

Yonhap Infomax
SK IE Technology Co. (SKIET) reported a Q4 operating loss of 75.7 billion won, surpassing its revenue, with annual losses totaling 246.3 billion won, as U.S. EV subsidy cuts hit demand.
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https://en.infomaxai.com/news/articleView.html?idxno=102481
SKIET Posts 75.7 Billion Won Q4 Operating Loss—Full-Year Deficit Reaches 246.3 Billion Won

SK IE Technology Co. (SKIET) reported a Q4 operating loss of 75.7 billion won, surpassing its revenue, with annual losses totaling 246.3 billion won, as U.S. EV subsidy cuts hit demand.

Yonhap Infomax
LG Chem will acquire the remaining 50% stake in its Hungarian battery separator JV from Toray for 280 billion won, making it a wholly owned subsidiary amid a challenging EV market.
#YonhapInfomax #LGChem #Toray #BatterySeparator #HungaryJV #280BillionWon #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=84476
LG Chem to Acquire Full Ownership of Hungarian Separator JV

LG Chem will acquire the remaining 50% stake in its Hungarian battery separator JV from Toray for 280 billion won, making it a wholly owned subsidiary amid a challenging EV market.

Yonhap Infomax