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Go Hawks13

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Re: hopester post# 42732

Tuesday, 12/07/2021 2:56:04 PM

Tuesday, December 07, 2021 2:56:04 PM

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Posco Energy currently holds exclusive rights to FCE technologies in Asia through 2023. Those rights would have to be invalidated if FCE is to make a move into Korea, which explains its decision to seek arbitration at the ICC, according to Posco Energy.

The $800 million in compensation accounts for the defective FCE products over the years as well as losses due to FCE’s breach of contract and non-fulfillment of obligations, the company added.

https://pulsenews.co.kr/view.php?year=2020&no=1035116
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