Search results for Solus Advanced Materials
Industry
SK Nexilis wins U.S. jury verdict in battery copper foil patent lawsuit
SK Nexilis won a jury verdict in a U.S. court finding Solus Advanced Materials infringed all five of its battery copper foil patents. A jury at the U.S. District Court for the Eastern District of Texas delivered the verdict on May 22 local time, marking the first judicial decision in the dispute. Solus said it strongly disagreed and would pursue post-trial motions and an appeal, while saying there would be no business disruption.
Industry
Solus Advanced Materials Q1 operating loss 22 billion won widens 43.8 percent
Solus Advanced Materials posted first-quarter consolidated revenue of 192.6 billion won and an operating loss of 22.0 billion won. Revenue rose 13.6 percent from the previous quarter, but the operating loss widened 43.8 percent from a year earlier. The company cited an incomplete recovery in battery foil output alongside burdens from fixed costs and power prices. Battery foil sales rose 47 percent quarter-on-quarter, while OLED materials sales fell 17.1 percent.
Industry
Solus Advanced Materials secures zero-defect plated current collector for all-solid-state batteries
Solus Advanced Materials said on Monday it has completed development of a nickel-plated copper foil current collector, a key material for all-solid-state batteries, and has begun scaling up for mass production. The company aims to secure both technological and cost competitiveness for the all-solid-state battery market expected to commercialize around 2027. It said its plating technology achieves zero-defect coating even on ultrathin foil under 500 nanometers.
