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"Turned to a Millstone by the Chasm": SK's EV Trio — When Will Normalization Come?
As the electric vehicle era dawned, the SK Group established or acquired SK On (batteries), SK Nexilis (copper foil), and SK Signet (chargers) through its holding company and intermediate holding comp...
2026-07-23 목요일 | 김재훈 기자
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SK On Faces Uphill Battle in Second ESS Bid After Shutout in First Round
The bidding schedule for the second phase of the KRW 1 trillion Energy Storage System (ESS) project, promoted by the government and involving all three battery manufacturers (LG Energy Solution, Samsu...
2025-11-20 목요일 | 김재훈 기자
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SK Innovation targets 2nd-half turnaround under Jang Yong-ho leadership
SK Innovation, which suffered a credit rating downgrade in the first half of 2025, is expected to gain breathing room through a second-half performance rebound.According to financial information compa...
2025-10-01 수요일 | 곽호룡 기자
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SK Safeguards Battery Business with Cash Cow Enmove, While LG Sells Non-Core Growth Businesses
SK Innovation and LG Chem are both moving to secure cash in a bid to defend the competitiveness of their battery businesses, though the two are taking markedly different routes. The end goal, however,...
2025-08-12 화요일 | 곽호룡 기자
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SK On’s U.S. Battery Plant Hits Full Operation After 3 Years — A Turning Point Toward Profitability?
SK On’s North American plant, SK Battery America (SKBA), has reached full operation three years after its establishment, raising expectations for a turnaround in performance.According to SK On on the...
2025-07-16 수요일 | 김재훈 기자
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SK On Turns to Private Bonds Amid Market Challenges—Can It Stabilize Its Finances?
SK On, the secondary battery subsidiary of SK Group, is turning to private bond placements this year to secure short-term liquidity. The company’s shift away from the public bond market appears to st...
2025-05-28 수요일 | 김재훈 기자
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LG Energy Solution, Samsung SDI, SK On Brace for Prolonged EV Battery Slump
South Korea’s three major battery manufacturers—LG Energy Solution, Samsung SDI, and SK On—recorded a combined operating loss of KRW 800 billion in the fourth quarter of 2024. As the extended downt...
2025-02-07 금요일 | 곽호룡 기자
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"Why SK On Pins Its Hopes on Hyundai and Kia's Performance in the U.S."
SK On has seized the opportunity to rebound in the US market. Hyundai Motor Group electric vehicles(EV) equipped with SK On batteries are included in the local tax deduction target.According to foreig...
2025-01-14 화요일 | 곽호룡 기자
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[ECM] SK On ∙ Lotte Chemical, Unstable PRS Contract… Concerns Over Increased Losses
SK On and Lotte Chemical secured a large amount of funds through a Pricing Return Swap (PRS) transaction. This is interpreted as a result of limited other options in a situation where market financing...
2024-11-14 목요일 | 이성규 기자
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'Full of uncertainty' batteries seek turnaround opportunities in Europe
The reemergence of US President-elect Donald Trump, who is negative about environmental policies, is said to have cast a dark cloud over the business outlook of domestic battery companies. The busines...
2024-11-13 수요일 | 곽호룡 기자
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SK Innovation KRW -160 billion, S-Oil KRW -430 billion... Earnings shock predicted for refinery business
South Korean oil refineries are expected to have an earnings shock, with their 3rd-quarter earnings below expectations. While many expect the 3rd quarter to be the bottom, there is also considerable ...
2024-10-14 월요일 | 곽호룡 기자
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SK Innovation-SK E&S Merger Over Final Threshold
SK Innovation and SK E&S have crossed the final threshold to finalize their merger.According to the industry on the 19th, SK Innovation shareholders' stock purchase claims are estimated to be KRW 330 ...
2024-09-20 금요일 | 곽호룡 기자
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SK Innovation and SK E&S Merger Over the First Gateway... 95% of Foreign Shareholders Agree
The proposed merger of SK Innovation and SK E&S has crossed the threshold of the shareholders' meeting. While the financial crisis at SK On is not completely resolved, it is positive to see that the m...
2024-08-28 수요일 | 곽호룡 기자
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