LG Chem files a court injunction against a Chinese firm for alleged patent infringement, potentially impacting the global supply chain of cathode materials.
LG Chem has taken legal action against a Chinese firm in a patent dispute. The company filed an injunction against Jaese Energy, which is part of Ronbay Technology, in response to allegations of patent infringement. This follows the validation of LG Chem's patents by the Intellectual Property Trial and Appeal Board.
A court approval of the injunction could suspend Jaese Energy's operations in Korea, affecting the global supply chain for cathode materials. LG Chem highlights its role in helping Korean batteries penetrate the global market through competitive technologies and intellectual property rights.