PERSPECTA

News from every angle

Korea Herald

LG Energy Solution ends patent dispute with China’s Sunwoda through licensing deal

By The Korea Herald

LG Energy Solution has effectively ended a two-year legal dispute with Chinese battery-maker Sunwoda through a patent licensing agreement covering the South Korean battery-maker’s lithium-ion technologies. Tulip Innovation, which manages and licenses lithium-ion battery patents on behalf of LG Energy Solution and Japan’s Panasonic Energy, announced Thursday that it had reached a licensing deal with Sunwoda. Under the agreement, the parties will withdraw all ongoing legal actions in Germany, Chin