HS Hyosung Advanced Materials and Kolon Industries have reached a settlement to end their patent dispute over tire cord technology in South Korea and the US, agreeing to withdraw all lawsuits and pursue future cooperation.
#YonhapInfomax #HSHyosungAdvancedMaterials #KolonIndustries #PatentDispute #TireCord #Settlement #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=105440
'2.4 Trillion Won Jackpot' for KAI as Corporate Bond Demand Tops 2 Trillion Won
Korea Aerospace Industries (KAI) secured a 2.4 trillion won contract and saw its corporate bond offering oversubscribed by more than eight times, highlighting strong investor demand and supporting major defense projects.
HS Hyosung Advanced Materials is set to select a preferred bidder for its 1.5 trillion won ($1.08 billion) tire steel cord business by month-end, with strong interest from domestic and global investors amid rising demand for EV and SUV tire reinforcements.
#YonhapInfomax #HSHyosungAdvancedMaterials #SteelCord #Acquisition #PrivateEquity #TireReinforcement #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=68302
1.5 Trillion Won ‘Cash Cow’—HS Hyosung Steel Cord to Name Preferred Bidder by Month-End
HS Hyosung Advanced Materials is set to select a preferred bidder for its 1.5 trillion won ($1.08 billion) tire steel cord business by month-end, with strong interest from domestic and global investors amid rising demand for EV and SUV tire reinforcements.
South Korea’s Patent Court has ruled in favor of HS Hyosung Advanced Materials, invalidating Kolon Industries’ hybrid tire cord patent, with the dispute now shifting to US courts as both companies vie for leadership in the electric vehicle tire materials market.
#YonhapInfomax #HSHyosungAdvancedMaterials #KolonIndustries #PatentDispute #HybridTireCord #ElectricVehicleMarket #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=67285
Court Sides with HS Hyosung—Kolon Industries' Tire Cord Patent Ruled Invalid
South Korea’s Patent Court has ruled in favor of HS Hyosung Advanced Materials, invalidating Kolon Industries’ hybrid tire cord patent, with the dispute now shifting to US courts as both companies vie for leadership in the electric vehicle tire materials market.
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