Search results for SK On
Industry
K battery makers see end of chasm tunnel, profitability within reach in Q2
South Korea\'s three major battery makers posted weak first-quarter results. LG Energy Solution and Samsung SDI swung to operating losses, and SK On is also expected to remain in the red. Brokerages see the first quarter as a cyclical trough and expect a shift to profitability from the second quarter as energy storage system sales ramp up and electric-vehicle demand recovers. Key variables include the pace of ESS revenue recognition and normalization of North American production.
Finance
Shinhan Bank signs productive finance pact with SK On to strengthen global business support
Shinhan Bank said on April 9 it signed a productive finance agreement with SK On at TP Tower in Seoul\'s Yeouido to support the battery maker\'s overseas expansion in electric vehicle batteries and energy storage systems. The pact includes financial support to boost global competitiveness, help 대응 foreign exchange market volatility, capital markets advisory and funding support, and financial education for workers. Shinhan will provide a guarantee for SK On\'s $500 million global bond issue.
Industry
Former SK executives to mentor social ventures in scale-up programme
Happy Narae Co, a social enterprise founded by SK, said on Thursday it will recruit companies until April 30 for its 2026 SE Consultant programme. The programme pairs former SK Group executives with social venture CEOs for close mentoring to diagnose management issues and seek solutions. Since launching in 2020, 50 mentors have advised 141 social ventures and social enterprises.
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Industry
Korea\'s three battery makers set for first-quarter losses
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Industry
K-battery searches for turnaround card at InterBattery 2026
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Industry
K-batteries signal rebound on Europe security logic
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Industry
K-battery industry targets mass production of all-solid-state batteries key to humanoids
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Industry
SK On signs three-year long-term lithium contract with Posco
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Industry
K-battery big three look to ESS to offset EV losses
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Industry
Global \'supply chain diet\' gains traction as firms target cost cuts, risk diversification
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Industry
SK On posts 4,414 billion won Q4 operating loss, widens 133 percent
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Industry
SK On develops early detection technology for ESS fires with EIS diagnostic system
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Industry
K battery makers sink deeper into losses this year, eye ESS and robots as exit
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Industry
LFP batteries overtake nickel-based chemistry as top choice for EVs in 2025
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Industry
SK On solves key challenge for silicon anode all-solid-state batteries
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Industry
Korea reclassifies battery recycling as critical mineral manufacturing
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Industry
SK On develops high-density single-crystal cathode material
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Industry
SK On expands ESS portfolio with vanadium batteries