FILE PHOTO: The logo of SK Innovation is seen in front of its headquarters in Seoul, South Korea, February 3, 2017. REUTERS/Kim Hong-Ji/File Photo
SEOUL (Reuters) - South Korea's SK Innovation is considering selling its subsidiary SK IE Technology (SKIET) to restructure its battery business, the Maeil Business newspaper reported on Wednesday.
The move is aimed at easing financial difficulty faced by SK Innovation's battery-making unit SK On amid weakening demand for electric vehicles, according to the newspaper, citing an unnamed investment banking source.
