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Industry

Global regulation outpaces plant buildout, speeding up Korean anode materials shift

Korean anode materials makers are accelerating plans to localise synthetic graphite as a U.S. route for Chinese graphite shifts from high tariffs to tax credit eligibility requirements. With capacity expansions and long-term supply contracts largely concentrated in 2027, domestic cell makers have limited options to replace Chinese materials before then. Import prices have fallen, but U.S. 45X rules on prohibited foreign entities tighten from 2026.

Industry

Corporate restructuring scheme opens path for mid-sized, SMEs into advanced industries

More mid-sized and small companies are entering advanced industries using South Korea’s corporate restructuring scheme. The Industry Ministry panel approved 31 firms in three rounds from December to July, with plans to invest 439.5 billion won over five years and hire 927 people. Many shift existing process technologies into new markets such as semiconductor glass substrates, AR modules and EV components. The ministry is offering investment-attraction consulting, while petrochemicals pursue capacity cuts through separate restructuring projects.

Industry

LG Energy Solution first global battery maker to top 100,000 patent applications

LG Energy Solution has become the first battery company to surpass 100,000 patent applications globally, the company said on Saturday. As of last month, it had about 59,000 registered patents and more than 100,000 patent applications. It said it invested 1.33 trillion won in R&D last year after first exceeding 1 trillion won in annual R&D spending in 2023, and cited patents spanning materials, electrode design, cells, packs, BMS and manufacturing.