According to media reports, LG Energy Solutions is expanding its battery production capacity from 70GWh to 100GWh to meet the increasing demand for batteries. This also means LG Energy Solutions needs to purchase a large amount of battery production equipment to support the increase in production capacity.

DSK will then supply battery production equipment worth 16.5 billion won to LG Energy Solutions, and the two companies have signed an equipment supply agreement.

DSK previously focused on panel manufacturing equipment, but due to changes in the market, they lost 14 billion won last year. They are working to increase their presence in the battery manufacturing equipment market to diversify their revenue.