Search results for Korea Battery Industry Association
Industry
Semiconductor, battery direct refund scheme in focus ahead of July tax reform plan
A proposed direct refund scheme that would pay out semiconductor and battery investment tax credits in cash has emerged as a key issue ahead of the government’s late-July tax reform plan. South Korea largely relies on corporate tax credits that only apply when companies owe tax, limiting benefits for firms in early loss-making years. Industry groups say this can delay investment and call for U.S.-style refunds. Fiscal authorities are reviewing possible revenue losses.
Industry
K-battery searches for turnaround card at InterBattery 2026
InterBattery 2026 opened in Seoul with 667 companies from 14 countries and 2,382 booths, as industry officials voiced concern over Korean battery makers\' shrinking global share and weaker factory utilisation. Executives said cost competitiveness and supply-chain and protectionist pressures are risks. Companies presented strategies focused on energy storage systems, solid-state batteries and growth markets such as robots and urban air mobility. Plans also included moving into LFP cathode materials and expanding production scale.
Industry
InterBattery 2026 opens on record scale
International battery exhibition InterBattery 2026 opened on March 11 at COEX in Seoul for three days, drawing 667 companies from 14 countries with 2,382 booths, its largest scale yet. Organisers highlighted tasks for Korea’s battery industry including new-demand markets, joint technology development and AI-based manufacturing innovation. The event focuses on energy storage systems, next-generation technologies and expanded global cooperation, and includes procurement consultations, investor pitching and job programmes.
